Iron or steel, articles forged or stamped but not further worked, NESOI (Not Elsewhere Specified or Indicated) falls under HS Code 73261900. This code is used to classify and identify specific goods for international trade. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and other relevant information related to HS Code 73261900.
The product description for HS Code 73261900 is "Iron or steel, articles forged or stamped but not further worked, NESOI." This code is applicable to various iron or steel articles that have undergone the forging or stamping process. However, these articles should not have undergone any further processing beyond forging or stamping.
The bound or Most Favored Nation (MFN) duty rate for HS Code 73261900 is 2.9%. The MFN duty rate is applicable every time a country lowers a trade barrier or opens up a market. It ensures that the same duty rate is applied to the same goods or services from all trading partners of that country.
The quantity unit for HS Code 73261900 is kilograms (KG). This unit of measurement is used to determine the weight of the iron or steel articles falling under this HS Code.
There are several special tariff preference programs available for the goods classified under HS Code 73261900. These programs provide specific benefits and duty-free treatment to eligible countries. The following countries enjoy special rates under these programs:
These countries enjoy preferential treatment and are eligible for duty-free imports under various trade agreements and initiatives such as the Generalized System of Preferences (GSP), Automotive Products Trade Act (APTA), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), among others.
For HS Code 73261900, the importing US state listed is Alaska. This indicates that Alaska is one of the main destinations for the import of iron or steel articles falling under this HS Code. However, the exporting US states are not specified in the provided data.
HS Code 73261900 represents iron or steel articles that have been forged or stamped but not further worked. It is important for traders, importers, and exporters to be aware of the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS Code. This knowledge can help facilitate international trade and ensure compliance with relevant regulations and trade agreements.