When it comes to umbrella frames, HS Code 66032090 covers frames that are mounted on shafts (sticks) and are not intended for hand-held rain umbrellas. This specific HS code is used to classify and identify these types of umbrella frames.
Umbrella frames are an essential component of any umbrella, providing the necessary structure and support. While this HS code excludes hand-held rain umbrellas, it includes all other types of umbrella frames that are mounted on shafts.
Understanding the HS code system is crucial for international trade as it helps in the proper classification of products. The Harmonized System (HS) is an international nomenclature that classifies products into different categories for customs and statistical purposes. Each HS code represents a specific product or group of products.
Importing or exporting umbrella frames with HS Code 66032090 requires knowledge of the relevant duty rates and special tariff preference programs. The bound/MFN duty rate for umbrella frames is set at 12%, which means that every time 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 quantity unit for umbrella frames is measured in numbers (NO), indicating the number of frames being imported or exported.
Special tariff preference programs can offer reduced or zero-duty rates for umbrella frames. In the case of HS Code 66032090, umbrella frames can enjoy free trade benefits under various programs. These include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment for certain goods.
When importing umbrella frames with HS Code 66032090 into the United States, the exporting US states can vary. However, based on the available data, Vermont is the only state listed as an exporting state for umbrella frames.
HS Code 66032090 plays a vital role in the international trade of umbrella frames. It ensures proper classification, determines duty rates, and allows eligible products to benefit from special tariff preference programs. Understanding and utilizing this HS code is essential for importers, exporters, and customs authorities to facilitate smooth trade operations.