The HS Code 45039020 refers to disks, wafers, and washers made from natural cork. This code is used to classify and identify these specific products in international trade. Understanding the HS Code and its associated product description is crucial for importers, exporters, and customs officials to facilitate smooth international trade.
The product description for HS Code 45039020 is "Disks, wafers, and washers of natural cork." Cork is a versatile and sustainable material derived from the bark of cork oak trees. It has numerous applications due to its unique properties, such as being lightweight, impermeable to liquids and gases, and resistant to fire and rot.
Disks, wafers, and washers made from natural cork are commonly used in various industries, including automotive, construction, electronics, and household products. These cork products serve multiple purposes, such as gaskets, seals, spacers, and insulators.
The bound / most-favored-nation (MFN) duty rate for HS Code 45039020 is free. This means that when 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 duty rate encourages fair and equal treatment among trading nations.
The quantity unit for HS Code 45039020 is kilograms (KG). This unit is used to measure the weight of the disks, wafers, and washers made from natural cork during import and export transactions. It ensures accurate measurement for customs purposes and facilitates international trade documentation.
Special tariff preference programs may exist for products classified under HS Code 45039020. These programs offer reduced or zero import duties to promote trade and economic cooperation between countries. Importing and exporting US states may have specific agreements or preferential trade arrangements that apply to the trade of disks, wafers, and washers of natural cork.
It is essential for importers and exporters to stay informed about these special tariff preference programs to benefit from cost savings and competitive advantages. Consulting with trade professionals, such as customs brokers or trade associations, can help navigate the complexities of these programs.
HS Code 45039020 plays a vital role in classifying and identifying disks, wafers, and washers made from natural cork in international trade. Understanding the product description, bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this code is crucial for successful import and export transactions.
By adhering to the regulations governing HS Code 45039020 and staying up-to-date with any changes or preferential trade agreements, businesses can ensure smooth customs clearance, cost savings, and access to international markets.
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