HS Code 41051010: Sheep or Lamb Skins, Tanned but Not Further Prepared

When it comes to international trade, it is essential to have a standardized system that classifies products for customs purposes. The Harmonized System (HS) Code is a globally recognized system that assigns a unique code to each product. In this article, we will delve into the details of HS Code 41051010, which refers to sheep or lamb skins that are tanned but not further prepared, commonly known as wet blue.

Product Description

HS Code 41051010 specifically covers sheep or lamb skins that have been tanned but not subjected to any further processing. These skins do not have any wool on them and are commonly referred to as wet blue. Tanning is a process that involves treating the hides or skins to make them more resistant to decay and suitable for various applications.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for HS Code 41051010 is 2%. The MFN principle ensures that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This promotes fairness and equal treatment in international trade.

Quantity Unit

The quantity unit specified for HS Code 41051010 is square meters (M2). This means that the measurement and calculation of the quantity of sheep or lamb skins for customs purposes will be based on the area in square meters.

Special Tariff Preference Programs

Several special tariff preference programs apply to imports of sheep or lamb skins under HS Code 41051010. These programs offer reduced or duty-free treatment based on the country of origin. The following are some of the notable programs:

Free: Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
Australia Special Rate: Australia offers a special rate for imports of sheep or lamb skins under this HS Code.
Bahrain Special Rate: Bahrain provides a special rate for imports of sheep or lamb skins under this HS Code.
NAFTA for Canada: Imports of sheep or lamb skins from Canada receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
Chile Special Rate: Chile offers a special rate for imports of sheep or lamb skins under this HS Code.
Africa Growth and Opportunity Act (AGOA): Imports of sheep or lamb skins from eligible African countries receive duty-free treatment under AGOA.
Caribbean Basin Initiative (CBI): Imports of sheep or lamb skins from eligible Caribbean countries receive duty-free treatment under CBI.
Israel Special Rate: Israel provides a special rate for imports of sheep or lamb skins under this HS Code.
Andean Trade Preference Act (ATPA): Imports of sheep or lamb skins from eligible Andean countries receive duty-free treatment under ATPA.
Jordan Special Rate: Jordan offers a special rate for imports of sheep or lamb skins under this HS Code.
Morocco Special Rate: Morocco provides a special rate for imports of sheep or lamb skins under this HS Code.
NAFTA for Mexico: Imports of sheep or lamb skins from Mexico receive duty-free treatment under NAFTA.
Oman Special Rate: Oman offers a special rate for imports of sheep or lamb skins under this HS Code.
Dominican Republic-Central American Special Rate (DR-CAFTA): Imports of sheep or lamb skins from eligible DR-CAFTA countries receive duty-free treatment.
Peru Special Rate: Peru provides a special rate for imports of sheep or lamb skins under this HS Code.
Singapore Special Rate: Singapore offers a special rate for imports of sheep or lamb skins under this HS Code.

Importing US States and Exporting US States

HS Code 41051010 applies to trade between various importing and exporting US states. However, specific information regarding the states involved is not provided in the given data.