When it comes to international trade, it is essential to have a standardized system for classifying goods. This is where HS codes come into play. HS Code 68128010 specifically pertains to footwear made from crocidolite, a type of mineral. In this article, we will explore the details of this HS code and provide additional information that may be relevant.
Product Description: Footwear of Crocidolite
The HS code 68128010 refers to footwear that is made from crocidolite. Crocidolite is a type of asbestos mineral that has been used in various industries, including the manufacturing of footwear. However, it is important to note that crocidolite is highly hazardous and poses significant health risks. Asbestos fibers can cause serious respiratory diseases when inhaled, and the use of crocidolite in footwear has been banned or heavily regulated in many countries.
Bound / MFN Duty Rate: 8.3%
The bound or most-favored-nation (MFN) duty rate for HS code 68128010 is 8.3%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate of 8.3% is applied to the value of the footwear made from crocidolite when it is imported into a country.
Quantity Unit: Kilograms (KG)
The quantity unit for HS code 68128010 is kilograms (KG). This unit of measurement is used to determine the weight of the footwear made from crocidolite during import or export transactions. It helps in calculating the total quantity of the product being traded.
Special Tariff Preference Programs
There are several special tariff preference programs that apply to HS code 68128010. These programs provide certain countries with preferential treatment or duty-free access to the US market. The countries and programs include:
Importing and Exporting US States
HS code 68128010 is applicable to both importing and exporting US states. This means that both the states importing the footwear made from crocidolite and the states exporting it need to adhere to the regulations and duty rates associated with this HS code. It ensures consistency and fairness in trade practices within the United States.
HS code 68128010 represents footwear made from crocidolite. This particular HS code is subject to an 8.3% bound or MFN duty rate and is measured in kilograms. It is important to note the potential health hazards associated with crocidolite, leading to its heavy regulation or ban in many countries. Additionally, there are various special tariff preference programs that offer duty-free treatment for the import of this footwear into the US market. Understanding and complying with HS code regulations is essential for smooth international trade and ensuring the safety and fairness of all parties involved.