The HS Code 48201040 refers to a specific category of products known as Registers, Account, Order and Receipt Books, and Similar Articles. These products are made of paper or paperboard and are used for various administrative purposes.
When it comes to international trade, the HS Code plays a crucial role in classifying and identifying different products. It is a standardized system developed by the World Customs Organization (WCO) that is used by customs authorities worldwide for the purpose of customs clearance, taxation, and statistical purposes.
The HS Code 48201040 specifically represents a subcategory of paper-based administrative articles. These products are commonly used for maintaining records, accounts, orders, and receipts in various organizations and businesses.
One important aspect of the HS Code is the bound or Most Favored Nation (MFN) duty rate. This rate determines the import duty that needs to be paid when these products are imported into a country. However, the given data states that the bound duty rate for HS Code 48201040 is "Free." This means that there is no import duty levied on these products, regardless of the country of import.
It is worth noting that the bound duty rate can vary for different HS Codes and can be subject to change based on trade agreements and policies between countries. In this case, the HS Code 48201040 enjoys a duty-free status, which can be advantageous for businesses involved in the trade of these products.
Additionally, the data also mentions the quantity unit for HS Code 48201040, which is "number" (NO). This indicates that the quantity of these products is measured in units, rather than weight or volume.
Furthermore, the data provides information about special tariff preference programs for the import of these products into the United States. According to the given data, the District of Columbia is listed as an importing state for HS Code 48201040. This suggests that there may be specific trade agreements or preferences in place that benefit the import of these products into the District of Columbia.
Moreover, the data also mentions several exporting states in the United States for HS Code 48201040, namely Indiana, Maryland, Missouri, New Jersey, and Virginia. This implies that these states have a significant presence in the production and export of Registers, Account, Order and Receipt Books, and Similar Articles.
the HS Code 48201040 represents a category of paper-based administrative articles used for record-keeping and administrative purposes. The bound duty rate for this HS Code is "Free," indicating that no import duty is imposed on these products. The quantity unit is measured in "number" (NO), and there are special tariff preference programs for importing these products into the United States, particularly in the District of Columbia. The exporting states for HS Code 48201040 include Indiana, Maryland, Missouri, New Jersey, and Virginia.