The HS Code 73158270 refers to a specific product category: iron or nonalloy steel welded link chains with a diameter of over 10mm. This article will provide a comprehensive overview of this HS code, including its product description, duty rates, quantity unit, and any special tariff preference programs associated with it. Let's dive in!
The product description of HS Code 73158270 is quite straightforward. It pertains to chains made of iron or nonalloy steel that are welded and have a link diameter exceeding 10mm. These chains are commonly used in various industries like construction, agriculture, and transportation. They are known for their strength, durability, and reliability.
The bound or most-favored-nation (MFN) duty rate for HS Code 73158270 is free. This means that no additional import duties or taxes are imposed on this product category when it enters a country. The principle behind the MFN duty rate is 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. This promotes fair and equal treatment of imported products.
The quantity unit for HS Code 73158270 is measured in kilograms (KG). This means that the weight of the welded link chains, in kilograms, is used to determine the quantity being imported or exported. The KG unit is a widely recognized and standardized measurement unit, allowing for accurate assessment of the quantity of goods being traded.
Special tariff preference programs may exist for HS Code 73158270, depending on the country and its trade agreements. These programs aim to encourage trade and provide certain benefits to importers or exporters. Here are a few examples:
HS Code 73158270 is relevant for both importing and exporting activities in the United States. Various states engage in the import and export of iron or nonalloy steel welded link chains with a diameter over 10mm. Some of the major importing states include California, Texas, Illinois, New York, and Florida. On the other hand, states like Pennsylvania, Ohio, Michigan, Indiana, and Wisconsin are known for their significant exports of these chains.
HS Code 73158270 represents iron or nonalloy steel welded link chains with a diameter exceeding 10mm. This code is used to classify and facilitate the international trade of these chains. The duty rate for this HS code is generally free, and the quantity unit is measured in kilograms. Additionally, special tariff preference programs and trade agreements may provide additional benefits to importers and exporters of this product category. Understanding the details of HS Code 73158270 is crucial for businesses involved in the import and export of iron or nonalloy steel welded link chains.