Gold necklaces and neck chains are exquisite pieces of jewelry that add elegance and charm to any outfit. These accessories have been popular for centuries and continue to be a symbol of luxury and style. In this article, we will explore the HS code 71131929, which represents this particular category of gold necklaces and neck chains.
The HS code 71131929 encompasses gold necklaces and neck chains, excluding those made of rope or mixed links. These accessories are crafted from high-quality gold and are designed to enhance the beauty of the wearer. Whether it's a delicate pendant necklace or a chunky statement chain, these pieces are carefully crafted to meet the highest standards of craftsmanship and design.
The bound / MFN duty rate for HS code 71131929 is 5.5%. 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. This rate ensures fair trade practices and encourages global commerce.
Under various tariff preference programs, certain countries enjoy special rates or duty-free treatment for gold necklaces and neck chains. The following countries are eligible for special tariff preferences under HS code 71131929:
The following US states import gold necklaces and neck chains under HS code 71131929:
The following US states export gold necklaces and neck chains under HS code 71131929:
Gold necklaces and neck chains are not only fashionable accessories but also valuable investments. The HS code 71131929 helps in classifying and tracking the import and export of these exquisite pieces of jewelry. Whether you're a jewelry enthusiast, a retailer, or a customs officer, understanding the HS code system is essential for smooth international trade.