Fishing baskets or creels made from bamboo fall under HS Code 46021105. This article provides an extensive overview of this HS code, including product description, duty rates, quantity units, special tariff preference programs, and information on importing and exporting to the United States.
Fishing baskets or creels made from bamboo are classified under HS Code 46021105. These baskets are specifically designed for fishing purposes and are crafted using bamboo, a durable and sustainable material. Bamboo baskets offer excellent storage and transport solutions for fishermen, allowing them to carry their catch conveniently and securely.
The bound or most-favored-nation (MFN) duty rate for HS Code 46021105 is 5%. This means that whenever 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. The 5% duty rate is applicable to fishing baskets or creels made from bamboo regardless of the country of origin.
The quantity unit for HS Code 46021105 is "number" (NO). This unit represents the number of fishing baskets or creels made from bamboo being imported or exported.
Several special tariff preference programs are available for fishing baskets or creels made from bamboo under HS Code 46021105. These programs provide favorable duty rates or duty-free treatment for eligible countries. The following countries are currently included in the special tariff preference programs for this HS code:
These special tariff preference programs aim to promote trade and provide economic benefits to the participating countries.
When importing fishing baskets or creels made from bamboo under HS Code 46021105 to the United States, importers should ensure compliance with customs regulations. It is essential to correctly declare the HS code and provide accurate information about the imported goods.
For exporters in the United States, HS Code 46021105 is relevant when exporting fishing baskets or creels made from bamboo. Exporters should be aware of any applicable duties or preferential tariff programs in the destination country and ensure compliance with export regulations.
HS Code 46021105 corresponds to fishing baskets or creels made from bamboo. This article has provided a comprehensive overview of the HS code, including product description, duty rates, quantity units, special tariff preference programs, and information on importing and exporting to the United States. Understanding the HS code and its associated details is crucial for businesses involved in the trading of these products.