The Harmonized System (HS) code 51021980 refers to fur that is prepared specifically for hatters' use. This means that the fur has undergone a particular process and is ready to be used in the production of hats. It is important to note that this HS code specifically applies to fur that has not been carded or combed.
When it comes to international trade, HS codes play a crucial role in identifying and categorizing different products. By using the HS code 51021980, importers and exporters can easily communicate and understand the specific product being traded.
The quantity unit for this particular HS code is kilograms (KG). This means that the weight of the fur being traded is measured in kilograms.
One important aspect to consider when trading goods is the duty rate. The bound or Most Favored Nation (MFN) duty rate for HS code 51021980 is free. This means that no duty is imposed on the import or export of fur prepared for hatters' use, as long as the trading partners follow the rules and regulations set by the World Trade Organization (WTO).
It is worth mentioning that some countries have special tariff preference programs in place. These programs offer additional benefits or exemptions to certain trading partners. For HS code 51021980, the following countries enjoy special tariff rates:
These special tariff rates aim to promote trade and foster economic relationships between the countries involved.
In the United States, different states import and export goods under various HS codes. When it comes to HS code 51021980 and the importation of fur prepared for hatters' use, it is essential to consider the regulations and requirements of the specific states involved in the trade.
Similarly, when exporting fur prepared for hatters' use from the United States, it is crucial to understand the regulations and requirements of the destination country to ensure a smooth and compliant trade process.
HS code 51021980 refers to fur that is prepared for hatters' use, without being carded or combed. It is a crucial code in international trade, helping to categorize and identify specific products. The duty rate for this HS code is free, and certain countries enjoy special tariff rates. Understanding the regulations and requirements of both importing and exporting countries is essential for successful trade transactions involving HS code 51021980.