The HS Code 41071940 refers to whole buffalo skin leather that is not full grain unsplits/grain splits, without hair on, and measures over 2.6 square meters. This type of leather is prepared after tanning or crusting, but it does not fall under the category of HS Code 4114.
When it comes to international trade, the bound / MFN (Most Favored Nation) duty rate for this product is 2.5%. 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 promotes fair and equal trade practices among nations.
The quantity unit for measuring whole buffalo skin leather is square meters (M2). This unit is commonly used in the leather industry to determine the size and quantity of leather products.
There are several special tariff preference programs that apply to HS Code 41071940. These programs provide certain countries with preferential treatment or duty-free access to the United States market. The countries that qualify for these programs include:
These special tariff preference programs aim to promote economic growth, development, and trade between the United States and these qualifying countries.
When importing whole buffalo skin leather, it is essential to consider the exporting US states. The specific states that engage in the export of this product may vary, and it is crucial to ensure compliance with all relevant regulations and documentation requirements.
HS Code 41071940 represents whole buffalo skin leather that is prepared after tanning or crusting, without hair on, and measures over 2.6 square meters. This product falls under the bound / MFN duty rate of 2.5% for fair trade practices. Additionally, there are special tariff preference programs in place that provide certain countries with duty-free treatment or preferential rates when exporting this product to the United States. Importers must also pay attention to the exporting US states to ensure compliance with all necessary regulations.