Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 71132021: Base Metal Clad w/Gold Rope Necklaces and Neck Chains

When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in identifying and classifying goods. The HS Code 71132021 specifically refers to base metal clad with gold rope necklaces and neck chains. In this article, we will explore the details of this HS Code, including its product description, duty rates, special tariff preference programs, and the importing and exporting US states.

Product Description

The HS Code 71132021 encompasses base metal clad with gold rope necklaces and neck chains. This means that the jewelry pieces in question are made from a base metal material and are coated or clad with a layer of gold, typically in the form of a rope design. Necklaces and neck chains are commonly worn accessories that add elegance and style to any outfit.

Duty Rates

For importers, understanding the duty rates associated with a particular HS Code is crucial for cost calculations. The bound or most-favored-nation (MFN) duty rate for HS Code 71132021 is 5.8%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate to all its trading partners for the same goods or services. Importers should consider this duty rate when importing base metal clad with gold rope necklaces and neck chains.

Special Tariff Preference Programs

Several special tariff preference programs exist that provide certain benefits or exemptions for specific goods. HS Code 71132021 is eligible for the following special tariff preference programs:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible countries, including Australia, Bahrain, Canada (under NAFTA), Chile, the European Union, Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central American countries (under DR-CAFTA).
• Australia Special Rate: Australia enjoys a special rate for importing base metal clad with gold rope necklaces and neck chains.
• Bahrain Special Rate: Bahrain also benefits from a special rate for these jewelry pieces.
• Chile Special Rate: Chile has a specific special rate for this HS Code.
• Caribbean Basin Initiative (CBI): This program grants duty-free treatment for eligible countries in the Caribbean region.
• Israel Special Rate: Israel receives duty-free treatment for importing base metal clad with gold rope necklaces and neck chains.
• Andean Trade Preference Act (ATPA): This program provides duty-free treatment for eligible Andean countries.
• Jordan Special Rate: Jordan enjoys a special rate for these jewelry pieces.
• Morocco Special Rate: Morocco also benefits from a special rate for importing base metal clad with gold rope necklaces and neck chains.
• Mexico Special Rate (under NAFTA): Mexico, as part of NAFTA, receives duty-free treatment for this HS Code.
• Oman Special Rate: Oman has a specific special rate for this HS Code.
• Dominican Republic-Central American Special Rate (DR-CAFTA): The countries under DR-CAFTA enjoy duty-free treatment for importing these jewelry pieces.
• Peru Special Rate: Peru benefits from a special rate for base metal clad with gold rope necklaces and neck chains.
• Singapore Special Rate: Singapore enjoys a special rate for these jewelry pieces.

Importing and Exporting US States

For importers and exporters in the United States, knowing which states are involved in the trade of a specific product can be helpful. The following US states are involved in importing base metal clad with gold rope necklaces and neck chains under HS Code 71132021:

• Connecticut
• Florida
• Hawaii
• New York
• Rhode Island
• Virgin Islands

On the other hand, the following US states are involved in exporting these jewelry pieces:

• California
• Florida
• Hawaii
• Nevada
• New Jersey
• New York
• Rhode Island
• Virgin Islands

These states play a significant role in the trade of base metal clad with gold rope necklaces and neck chains under HS Code 71132021, either as importers or exporters.

the HS Code 71132021 refers to base metal clad with gold rope necklaces and neck chains. Importers should consider the duty rates associated with this HS Code, while also exploring the various special tariff preference programs available. Additionally, understanding the involvement of specific US states in the import and export of these jewelry pieces can provide valuable insights for businesses operating in the industry.