The HS Code 74072115 refers to copper-zinc base alloys, commonly known as brass, in the form of hollow profiles. Brass is an alloy composed of copper and zinc, with varying proportions of these elements giving different properties to the material. It is widely used in various industries due to its excellent electrical and thermal conductivity, corrosion resistance, and aesthetic appeal.
When importing or exporting brass hollow profiles, it is essential to understand the specific regulations and tariff rates associated with the HS Code 74072115. This article aims to provide comprehensive information about the HS Code, including its description, duty rates, quantity unit, and special tariff preference programs.
Copper-zinc base alloys, also known as brass, are metallic alloys made by combining copper and zinc in varying proportions. The resulting material exhibits a golden-like appearance, making it highly attractive for decorative purposes. Brass is widely used in various industries, including construction, electrical, plumbing, automotive, and musical instruments manufacturing.
Hollow profiles refer to brass products that have a tubular or hollow shape, such as pipes, tubes, and other similar forms. These hollow profiles are versatile and find applications in plumbing systems, architectural designs, and industrial machinery.
The bound or Most Favored Nation (MFN) duty rate for HS Code 74072115 is 2.2%. The MFN duty rate is the baseline tariff rate applied to imports from all trading partners unless a specific tariff preference program grants a lower or duty-free rate.
It is important to note that duty rates can change over time due to trade agreements, negotiations, or changes in national policies. Therefore, it is crucial to stay updated with the latest regulations and consult authoritative sources before engaging in international trade activities.
The quantity unit for HS Code 74072115 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight or mass of the imported or exported goods. It enables accurate calculation of shipping costs, customs duties, and other trade-related expenses.
Several special tariff preference programs provide favorable treatment for imports of brass hollow profiles under the HS Code 74072115. These programs offer reduced or duty-free rates for specific countries or regions, encouraging trade and economic cooperation. The following programs apply to this HS Code:
These special tariff preference programs aim to promote trade, strengthen diplomatic relations, and foster economic development among participating countries.
The following US states are known for importing brass hollow profiles under the HS Code 74072115:
On the other hand, the following US states have been identified as exporting brass hollow profiles under the same HS Code:
This information is crucial for businesses and traders involved in the brass industry, as it helps identify potential market opportunities and establish trade relationships with specific US states.
the HS Code 74072115 represents copper-zinc base alloys, specifically brass, in the form of hollow profiles. This article provided an extensive overview of the HS Code, including its product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states. Understanding the intricacies of the HS Code and associated regulations is vital for successful international trade operations.