Steel, long welded pipes and tubes with a circular cross-section and an external diameter exceeding 406.4mm, tapered pipes and tubes primarily used as parts of illuminating arts fall under the HS Code 73053120.
When it comes to international trade, HS codes play a crucial role in the classification of products. The Harmonized System (HS) is an internationally recognized system for classifying goods, developed and maintained by the World Customs Organization (WCO). HS codes are used by customs authorities to identify and categorize products for the purpose of taxation, import/export control, and statistical analysis.
The HS Code 73053120 specifically refers to a type of steel pipe or tube that is long, welded, and has a circular cross-section with an external diameter greater than 406.4mm. These pipes and tubes are tapered and are primarily used as parts of illuminating arts. They can be used in various applications such as architectural lighting installations, decorative lighting fixtures, and artistic sculptures.
One of the key aspects of international trade is the bound or most-favored-nation (MFN) duty rate. The bound duty rate indicates the maximum tariff rate that a country can impose on imports of a particular product. In the case of HS Code 73053120, the bound duty rate is free, which means that there are no import duties imposed on these steel pipes and tubes.
In addition to the bound duty rate, special tariff preference programs may also apply to certain products. These programs are designed to promote trade and economic cooperation between countries by providing preferential treatment to specific goods. However, it is important to note that the availability of these programs and the specific benefits they offer can vary depending on the country and the trade agreements in place.
For example, in the United States, the Generalized System of Preferences (GSP) is a special tariff preference program that provides duty-free treatment to eligible products from certain developing countries. However, it is crucial to check the eligibility criteria and specific requirements for availing the benefits of such programs.
When it comes to importing HS Code 73053120 into the United States, one of the states that frequently imports these steel pipes and tubes is Oklahoma. Oklahoma is known for its industrial and manufacturing sectors, and the demand for steel products, including long welded pipes and tubes, is high in the state.
On the other hand, the exporting states within the United States may vary depending on the production capacity and distribution channels of steel manufacturers. However, it is worth noting that the United States is a major exporter of steel products to various countries around the world.
the HS Code 73053120 encompasses long welded steel pipes and tubes with a circular cross-section and an external diameter exceeding 406.4mm, tapered pipes and tubes primarily used as parts of illuminating arts. This code plays a crucial role in classifying and regulating international trade of these specific products. Importers and exporters need to be aware of the bound duty rate, special tariff preference programs, and the specific requirements of different countries when dealing with HS Code 73053120.