When it comes to international trade, HS codes play a crucial role in classifying products and determining the applicable customs duties and trade policies. In this article, we will delve into the details of HS code 42029920, which covers cases and similar containers made of materials other than leather, sheeting of plastics, textile materials, vulcanized fiber, or paperboard. These cases are further characterized by having a paper cover and being made of wood, without being lined with textile fabric.
The bound or most-favored-nation (MFN) duty rate for products falling under HS code 42029920 is 4.3%. It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market. This principle ensures that all trading partners receive the same treatment for the same goods or services.
The quantity unit for HS code 42029920 is a number (NO), indicating that the quantity is measured in numerical terms rather than weight or volume.
Several special tariff preference programs are available for products classified under HS code 42029920. These programs provide duty-free treatment or special rates for specific countries or regions. The countries and regions included in these programs are:
Importing data for HS code 42029920 shows that the product is primarily imported by the state of Hawaii in the United States. This suggests that there is demand for cases and similar containers made of wood with a paper cover in Hawaii.
Overall, HS code 42029920 encompasses cases and similar containers made of materials other than leather, sheeting of plastics, textile materials, vulcanized fiber, or paperboard. These cases have a paper cover and are made of wood, without being lined with textile fabric. Importers and exporters should be aware of the applicable duties and special tariff preference programs when dealing with products falling under this HS code.