HS Code 46019205: Plaits of Bamboo and Similar Products
Plaits of bamboo and similar products made from plaiting materials, whether assembled into strips or not, fall under the HS Code 46019205. This code is used to classify these specific types of products for import and export purposes.
The bound or Most Favored Nation (MFN) duty rate for HS Code 46019205 is 2.7%. This means that whenever a country reduces trade barriers or opens up its market, it must apply the same duty rate to all its trading partners for the import or export of these goods or services.
The quantity unit for this HS code is not specified, which means that no specific units are collected or required for measurement purposes. This might indicate that the product is typically sold or traded in bulk or according to individual needs.
However, it is important to note that there are special tariff preference programs in place for HS Code 46019205. These programs offer duty-free treatment for importing and exporting countries. The following countries and programs provide special tariff preferences for this HS code:
- Generalized System of Preferences (GSP) offers duty-free treatment.
- Australia has a special rate for this HS code.
- Bahrain has a special rate for this HS code.
- Canada benefits from NAFTA, which provides duty-free treatment.
- Chile has a special rate for this HS code.
- The Caribbean Basin Initiative (CBI) offers duty-free treatment.
- Israel has a special rate for this HS code with duty-free treatment.
- The Andean Trade Preference Act (ATPA) provides duty-free treatment.
- Jordan has a special rate for this HS code.
- Morocco has a special rate for this HS code.
- Mexico benefits from NAFTA, which provides duty-free treatment.
- Oman has a special rate for this HS code.
- The Dominican Republic-Central American Special Rate (DR-CAFTA) offers duty-free treatment.
- Peru has a special rate for this HS code.
- Singapore has a special rate for this HS code.
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. By offering duty-free treatment or special rates, they incentivize the import and export of products classified under HS Code 46019205.
When importing or exporting products under HS Code 46019205, it is crucial to be aware of the specific requirements and regulations of each importing and exporting country. Compliance with these regulations ensures smooth customs clearance and avoids any potential issues or delays in the trading process.
HS Code 46019205 classifies plaits of bamboo and similar products made from plaiting materials. The bound duty rate for this HS code is 2.7%. However, several special tariff preference programs provide duty-free treatment or special rates for importing and exporting countries. Understanding and adhering to the regulations of these programs is essential for successful trade in these products.
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