The HS Code 41071930 refers to whole bovine skin leather that is not upper or lining, not including hair, with a fancy surface and a size not exceeding 2.6 square meters. This leather is prepared after tanning or crusting, but it does not fall under the category of HS Code 4114.
When importing goods with this HS Code, it is important to understand the bound/MFN (Most Favored Nation) duty rate, which is set at 3.6%. The MFN duty rate 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.
The quantity unit for this HS Code is measured in square meters (M2). This unit of measurement helps in determining the size and quantity of the leather being imported.
There are also special tariff preference programs available for imports with HS Code 41071930. These programs provide certain countries with preferential treatment, including duty-free status. The following countries and programs offer special rates for this HS Code:
These special tariff preference programs allow certain countries to import whole bovine skin leather with HS Code 41071930 at reduced or zero import duties, promoting trade and economic development.
Importing US states and exporting US states play a crucial role in the trade of goods, including leather products. Understanding the flow of goods between different states helps to identify important trade corridors and potential business opportunities.
HS Code 41071930 represents whole bovine skin leather with specific characteristics and size limitations. The bound/MFN duty rate ensures fair trade practices, and special tariff preference programs provide certain countries with preferential treatment. Importing and exporting US states contribute to the overall trade dynamics. By understanding these aspects, businesses can effectively navigate the global leather market and make informed decisions regarding the import or export of whole bovine skin leather.