The HS Code 73063010 refers to iron or nonalloy steel tubes, pipes, and hollow profiles with a circular cross-section and an external diameter of 406.4mm or less. These products have a wall thickness of less than 1.65mm. This code is used to classify and identify these specific goods for international trade purposes.
When importing or exporting goods, it is essential to have a standardized classification system like the Harmonized System (HS) code. The HS code ensures uniformity and clarity in describing products, facilitating international trade and customs procedures.
The product described by HS Code 73063010 is primarily used in various industries for the transportation of fluids, gases, and other substances. These tubes and pipes are made from iron or nonalloy steel, which provides strength and durability. The circular cross-section and specific external diameter make them suitable for specific applications.
The wall thickness of these tubes and pipes is less than 1.65mm, indicating their use in situations where a thinner profile is required. This characteristic makes them lighter and more flexible, allowing for easier installation and handling.
The bound / most-favored-nation (MFN) duty rate for HS Code 73063010 is free. This means that there are no import duties or tariffs imposed on these products when traded between countries. Free duty rates encourage international trade by eliminating additional costs and barriers.
The concept of MFN treatment ensures that when 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. This principle promotes fair and equal treatment among trading nations.
The quantity unit for HS Code 73063010 is kilograms (KG). This unit of measurement is used to determine the weight of the tubes, pipes, and hollow profiles being imported or exported. It provides a standardized and universally recognized measurement for trade transactions.
HS Code 73063010 may also be eligible for special tariff preference programs offered by countries. These programs aim to promote trade and economic cooperation between specific nations by providing preferential treatment for certain goods.
For example, the United States has various special tariff preference programs such as the Generalized System of Preferences (GSP) and Free Trade Agreements (FTAs). These programs reduce or eliminate import duties for eligible products, including those falling under HS Code 73063010.
HS Code 73063010 allows for the import and export of iron or nonalloy steel tubes, pipes, and hollow profiles between different states within the United States. The specific states involved in these trade transactions may vary depending on the demand and supply of these products.
Some of the major importing US states for HS Code 73063010 may include California, Texas, New York, Illinois, and Florida. These states have significant industrial sectors that require the use of these tubes and pipes for various applications.
On the other hand, the exporting US states for HS Code 73063010 may include states with a strong manufacturing base, such as Ohio, Pennsylvania, Michigan, Indiana, and Wisconsin. These states produce and export these products to meet the domestic and international demand.
HS Code 73063010 represents iron or nonalloy steel tubes, pipes, and hollow profiles with specific characteristics. This code plays a crucial role in facilitating international trade, ensuring uniformity in product classification, and determining import duties and tariffs. Understanding the HS code system is essential for businesses involved in global trade and commerce.