When it comes to international trade, it is crucial to have a standardized system to classify and identify various products. The Harmonized System (HS) code is an internationally recognized system used to classify goods for import and export purposes. In this article, we will delve into the details of HS Code 73062941 and explore its product description, tariff rates, and other relevant information.
HS Code 73062941 refers to alloy steel casing. Specifically, it encompasses seamed alloy steel (other than welded stainless steel) with an external diameter of 406.4mm or less. It also includes alloy steel casing that has a circular cross-section or is not threaded or coupled. This code helps customs authorities and traders identify and categorize this particular type of product accurately.
The bound / MFN (Most Favored Nation) duty rate for HS Code 73062941 is free. This means that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. As a result, the importation of alloy steel casing under this HS code is not subject to any additional tariffs or duties.
The quantity unit for HS Code 73062941 is kilograms (KG). This unit of measurement helps facilitate accurate and standardized trade transactions. When importing or exporting alloy steel casing, the weight is measured in kilograms to ensure consistency and ease of calculation.
Special tariff preference programs may provide certain benefits or concessions for imports or exports under specific circumstances. However, based on the available data, no specific special tariff preference programs are mentioned for HS Code 73062941.
When it comes to importing alloy steel casing under HS Code 73062941, the data indicates that the states of Oklahoma and North Dakota are involved in these trade activities. These states play a significant role in the importation of this product, potentially due to their industrial or construction needs.
Unfortunately, the available data does not provide any information regarding the specific US states involved in exporting alloy steel casing under HS Code 73062941. However, it is important to note that the United States is a global player in various industries, including manufacturing and construction. Therefore, it is likely that several states contribute to the exportation of this product.
HS Code 73062941 encompasses alloy steel casing with specific characteristics. This article has provided an in-depth overview of the product description, bound / MFN duty rate, quantity unit, and information about importing and exporting US states. It is essential for traders, customs authorities, and other stakeholders to be familiar with HS codes to ensure smooth and efficient international trade processes.