HS Code 64029931: Footwear with Outer Soles & Uppers of Rubber or Plastics, NESOI, n/cov. ankle, w/ext. surf. of uppers o/90% rubber or plastics, NESOI
When it comes to international trade, the Harmonized System (HS) codes play a crucial role in classifying products. Each product is assigned a unique HS code, which helps in identifying and categorizing goods for customs and trade purposes. In this article, we will discuss HS Code 64029931 and delve into its product description, duty rates, quantity unit, and special tariff preference programs.
Product Description
HS Code 64029931 refers to footwear with outer soles and uppers made of rubber or plastics, not elsewhere specified or included. These shoes do not cover the ankle and have an external surface of uppers comprising over 90% rubber or plastics. This code helps customs authorities and traders accurately identify and classify this specific type of footwear.
Duty Rates
The bound or most-favored-nation (MFN) duty rate for HS Code 64029931 is 6%. The MFN principle states that when 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 ensures fair and equal treatment for all countries involved in international trade.
Quantity Unit
The quantity unit for HS Code 64029931 is pairs (PRS). This means that the footwear products classified under this code are measured and traded in pairs. It provides a standardized unit of measurement for importers and exporters to accurately quantify their trade transactions.
Special Tariff Preference Programs
HS Code 64029931 is eligible for various special tariff preference programs. These programs offer preferential or duty-free treatment to specific countries or regions. Here are some of the special tariff preference programs applicable to this HS code:
- Australia Special Rate: Footwear imported from Australia receives a special rate, providing a competitive advantage to Australian exporters.
- Bahrain Special Rate: Bahrain enjoys a special rate for the import of footwear under this HS code.
- NAFTA for Canada: Footwear imported from Canada under the North American Free Trade Agreement (NAFTA) receives duty-free treatment.
- Chile Special Rate: Footwear imported from Chile benefits from a special rate, enhancing trade between the two countries.
- Africa Growth and Opportunity Act (AGOA): Footwear imported under AGOA, which provides duty-free treatment, promotes trade between the United States and eligible African countries.
- Caribbean Basin Initiative (CBI): The CBI offers duty-free treatment for footwear imported from eligible Caribbean countries.
- Israel Special Rate: Footwear imported from Israel enjoys duty-free treatment under this special rate.
- Andean Trade Promotion and Drug Eradication Act (ATPDEA): Footwear imported from countries eligible under ATPDEA receives special treatment, aimed at promoting economic development and reducing drug production.
- Jordan Special Rate: Jordan benefits from a special rate for footwear imports under this HS code.
- Morocco Special Rate: Footwear imported from Morocco receives a special rate, strengthening trade ties between the two countries.
- NAFTA for Mexico: Footwear imported from Mexico under NAFTA is eligible for duty-free treatment.
- Oman Special Rate: Oman enjoys a special rate for the import of footwear classified under this HS code.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Footwear imported from countries in the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA) receives preferential treatment.
- Peru Special Rate: Footwear imported from Peru benefits from a special rate, promoting trade between the United States and Peru.
- Caribbean Basin Trade Partnership Act (CBTPA): The CBTPA offers duty-free treatment for footwear imported from eligible Caribbean countries.
- Singapore Special Rate: Footwear imported from Singapore enjoys a special rate, encouraging trade between the two countries.
Importing and Exporting US States
For the importation of footwear classified under HS Code 64029931, the following states in the United States are involved:
The exportation of these footwear products from the United States is not specified in the available data.
HS Code 64029931 represents a specific type of footwear with outer soles and uppers made of rubber or plastics. It is important for importers, exporters, and customs authorities to accurately classify and understand this HS code to facilitate international trade. The duty rates, quantity unit, and special tariff preference programs associated with this HS code further impact trade dynamics and promote economic cooperation between countries.
More on HS code 64029931
