HS Code 44034100: Wood in the Rough
Wood in the rough, also referred to as roughly squared wood, is classified under HS Code 44034100. This particular HS code specifically applies to Dark Red Meranti, Light Red Meranti, and Meranti Bakau wood, which has not been treated with paint, stain, creosote, or any other preservative.
Wood in the rough is a versatile and widely used material in various industries such as construction, furniture manufacturing, and carpentry. Its natural characteristics and durability make it an ideal choice for many applications. Let's explore more about HS Code 44034100 and its implications.
Bound / MFN Duty Rate
The bound or most-favored-nation (MFN) duty rate for HS Code 44034100 is free. This means that there are no tariffs or duties imposed on the import of wood in the rough under this HS code. It is essential to note that this duty rate applies when a country lowers a trade barrier or opens up a market, ensuring equal treatment for all goods and services from its trading partners.
Quantity Unit
The quantity unit for HS Code 44034100 is cubic meters (M3). This unit of measurement indicates the volume of wood in the rough being imported or exported.
Special Tariff Preference Programs
Wood in the rough under HS Code 44034100 is eligible for various special tariff preference programs. These programs provide certain countries with preferential treatment when it comes to duties and tariffs. The following special tariff preference programs apply to imports of wood in the rough:
- Free: Imports from least-developed beneficiary developing countries eligible for GSP under that subheading receive duty-free treatment.
- Australia Special Rate: Wood in the rough imported from Australia is subject to a special rate.
- Bahrain Special Rate: Wood in the rough imported from Bahrain is subject to a special rate.
- NAFTA for Canada: Wood in the rough imported from Canada under the North American Free Trade Agreement (NAFTA) receives duty-free treatment.
- Chile Special Rate: Wood in the rough imported from Chile is subject to a special rate.
- Africa Growth and Opportunity Act (AGOA): Wood in the rough imported from eligible countries under AGOA receives duty-free treatment.
- Caribbean Basin Initiative (CBI): Wood in the rough imported from eligible countries under the CBI receives duty-free treatment.
- Israel Special Rate: Wood in the rough imported from Israel is subject to a special rate.
- Andean Trade Preference Act (ATPA): Wood in the rough imported from eligible countries under ATPA receives duty-free treatment.
- Jordan Special Rate: Wood in the rough imported from Jordan is subject to a special rate.
- Morocco Special Rate: Wood in the rough imported from Morocco is subject to a special rate.
- NAFTA for Mexico: Wood in the rough imported from Mexico under NAFTA receives duty-free treatment.
- Oman Special Rate: Wood in the rough imported from Oman is subject to a special rate.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Wood in the rough imported from eligible countries under DR-CAFTA receives duty-free treatment.
- Peru Special Rate: Wood in the rough imported from Peru is subject to a special rate.
- Singapore Special Rate: Wood in the rough imported from Singapore is subject to a special rate.
Importing and Exporting US States
Wood in the rough classified under HS Code 44034100 can be imported and exported between various US states. Some of the notable US states involved in the import and export of wood in the rough include:
- Oregon
- Alaska
- Maine
- Washington
These states play a significant role in the trade of wood in the rough and contribute to the overall industry's growth and development.
HS Code 44034100 represents wood in the rough or roughly squared wood, specifically Dark Red Meranti, Light Red Meranti, and Meranti Bakau. This versatile material finds applications in various industries. Understanding the HS code and its implications, including the duty rate, quantity unit, and special tariff preference programs, is crucial for importers, exporters, and businesses operating within the wood industry.
More on HS code 44034100
