The HS Code 72164000 refers to iron or nonalloy steel L or T-sections that have not been further worked than being hot-rolled, hot-drawn, or extruded, with a minimum height of 80 mm. This code is used to classify and identify these specific types of steel products in international trade.
When it comes to international trade, it is essential to have a standardized system for classifying and categorizing goods. The HS Code, or Harmonized System Code, is a globally recognized system that is used by customs authorities to identify and classify products for the purpose of import and export regulations.
The HS Code 72164000 specifically refers to iron or nonalloy steel L or T-sections. These sections are commonly used in construction and structural engineering for various purposes, such as supporting beams, columns, or framework.
One important aspect to note is that the HS Code 72164000 specifies that these sections should not be further worked than being hot-rolled, hot-drawn, or extruded. This means that the sections are in their original form after the manufacturing process and have not undergone any additional shaping or processing.
The height requirement of 80 mm or more is also significant, as it helps to differentiate these sections from smaller or differently shaped steel products. This height requirement ensures that the HS Code is only applied to larger sections that are specifically used for structural purposes.
It is worth noting that the HS Code 72164000 is not exclusive to a particular country or trading partner. The code is universally recognized and used by all countries that participate in international trade. This means that whenever a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners.
When importing or exporting products classified under the HS Code 72164000, the quantity unit used is kilograms (KG). This unit of measurement provides a standardized way to determine the weight and quantity of the steel sections being traded.
Special tariff preference programs may also apply to products classified under the HS Code 72164000. These programs are designed to provide certain benefits or advantages, such as reduced duty rates or exemptions, to promote trade between specific countries or regions.
It is important for importers and exporters to be aware of these special tariff preference programs and take advantage of them when applicable. They can help to reduce costs and increase competitiveness in the global market.
the HS Code 72164000 refers to iron or nonalloy steel L or T-sections that have not been further worked than hot-rolled, hot-drawn, or extruded, with a height of 80 mm or more. This code is used globally to classify and identify these specific steel products in international trade. Understanding the HS Code and its requirements is crucial for importers and exporters to comply with regulations and take advantage of any special tariff preference programs available.