The HS Code 45039060 refers to articles made of natural cork that are not corks or stoppers. This code is used to classify and regulate the import and export of these specific products. In this article, we will explore the details of this HS code, including the product description, duty rates, quantity units, and special tariff preference programs associated with it.
The product described by HS Code 45039060 includes various articles made of natural cork, excluding corks and stoppers. Natural cork is a versatile material that is derived from the bark of the cork oak tree. It is known for its elasticity, impermeability, and insulation properties, making it suitable for a wide range of applications.
These articles can include cork flooring, cork insulation boards, cork wall tiles, cork coasters, and other similar products. The use of natural cork in these articles provides environmental benefits, as cork forests are sustainably managed and the material is biodegradable.
The bound or Most Favored Nation (MFN) duty rate for HS Code 45039060 is 14%. The MFN principle states that every time 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 applies to imports and exports of articles of natural cork under this HS code.
No units collected (X) is specified as the quantity unit for HS Code 45039060. This indicates that the quantity of the articles of natural cork imported or exported under this code is not measured in specific units but rather can vary based on the specific product and its dimensions or weight.
There are several special tariff preference programs associated with HS Code 45039060. These programs provide specific duty rates or duty-free treatment for imports and exports of articles of natural cork, depending on the participating countries. Here are some of the programs and the corresponding duty rates:
Additionally, there are specific duty rates for certain countries under this HS code:
The HS Code 45039060 applies to both importing and exporting activities involving articles of natural cork. The specific states within the United States that are involved in importing or exporting these products may vary. It is important for businesses and traders to comply with the regulations and requirements of the respective states when engaging in international trade activities related to HS Code 45039060.
HS Code 45039060 represents articles made of natural cork, excluding corks and stoppers. This code is used to classify and regulate the import and export of these products. The duty rates, quantity units, and special tariff preference programs associated with this HS code provide important information for businesses and traders involved in international trade of articles of natural cork.