The HS Code 41041940 refers to upper and sole bovine (except buffalo) and equine hides and skins that are not further prepared, in the wet state. These hides and skins are tanned but do not have any hair. The code is used to classify and identify this specific type of product for trade and regulatory purposes.
The bound / MFN duty rate for products classified under HS Code 41041940 is 5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This ensures fairness and equal treatment in international trade.
The quantity unit for this HS Code is square meters (M2). This unit is used to measure the size or area of the hides and skins being traded. It provides a standardized measurement for accurate trading and pricing.
There are several special tariff preference programs that apply to products classified under HS Code 41041940. These programs provide certain countries with preferential treatment, such as duty-free treatment or special rates. The countries included in these programs are:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. They provide incentives for importing and exporting these hides and skins, making them more competitive in the global market.
When it comes to importing, the United States accepts products classified under HS Code 41041940 from various countries. Exporting US states can engage in trade of these hides and skins, ensuring a mutually beneficial exchange of goods.
HS Code 41041940 represents upper and sole bovine (except buffalo) and equine hides and skins that are tanned but not further prepared, in the wet state. The code helps classify and regulate these products in international trade. The bound / MFN duty rate is 5%, and there are special tariff preference programs that provide certain countries with preferential treatment. Understanding the HS Code and its associated information is essential for businesses and governments involved in the trade of these hides and skins.