HS Code 74071030 refers to a specific category of refined copper profiles, excluding hollow profiles. This code is used to classify and categorize these products for international trade purposes. Understanding the details of this HS code is crucial for importers, exporters, and government entities involved in international trade.
Product Description: Refined copper profiles are shaped pieces of copper that have undergone a refining process to remove impurities. These profiles are typically used in various industries, including construction, electrical engineering, and manufacturing. It is important to note that this HS code specifically excludes hollow profiles, which are classified under a different code.
Bound / MFN Duty Rate: The bound or most-favored-nation (MFN) duty rate for HS Code 74071030 is 3%. This means that every time 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. The 3% duty rate applies to the import of refined copper profiles across all countries.
Quantity Unit: The quantity unit for HS Code 74071030 is kilograms (KG). This unit is used to measure and quantify the weight of refined copper profiles being imported or exported.
Special Tariff Preference Programs: Several countries and trade agreements offer special tariff preference programs for products classified under HS Code 74071030. These programs provide preferential treatment in terms of duty rates or duty-free treatment. The following programs are applicable to this HS code:
Importing US States: HS Code 74071030 is imported into the following US states:
Exporting US States: HS Code 74071030 is exported from the following US states:
Understanding the HS Code 74071030 is essential for importers and exporters of refined copper profiles. It helps in correctly classifying and categorizing these products for international trade purposes. Additionally, knowledge of the special tariff preference programs and the countries involved can provide valuable information for businesses looking to optimize their trade operations.