Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 74093150: Copper-tin base alloys (bronze), plates, sheets and strip, in coils

HS Code 74093150 refers to copper-tin base alloys, specifically bronze, in various forms such as plates, sheets, and strip, which are further processed into coils. These alloys have a thickness of over 0.15mm but less than 5mm and a width of 500mm or more. This HS code is used to classify and regulate the import and export of these specific copper-tin base alloys.

When it comes to international trade, countries have certain obligations and regulations in place. One of these is the bound/most favored nation (MFN) duty rate, which is set at 1.7% for this particular HS code. The MFN duty rate ensures 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 in international trade.

The quantity unit for this HS code is kilograms (KG). This means that the weight of the imported or exported copper-tin base alloys is measured in kilograms.

There are also special tariff preference programs available for this HS code. These programs provide certain countries with preferential treatment, either reducing or eliminating the duty rates. The countries eligible for these special tariff preference programs for HS Code 74093150 are:

• Australia (Free): Generalized System of Preferences (GSP) provides duty-free treatment for imports from Australia.
• Bahrain (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Bahrain.
• Canada (NAFTA) (Free): The North American Free Trade Agreement (NAFTA) grants duty-free treatment for imports from Canada.
• Chile (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Chile.
• Caribbean Basin Initiative (CBI) (Free): The CBI provides duty-free treatment for imports from eligible countries in the Caribbean region.
• Israel (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Israel.
• Andean Trade Preference Act (ATPA) (Free): The ATPA provides duty-free treatment for imports from eligible countries in the Andean region.
• Jordan (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Jordan.
• Morocco (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Morocco.
• Mexico (NAFTA) (Free): The North American Free Trade Agreement (NAFTA) grants duty-free treatment for imports from Mexico.
• Oman (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Oman.
• Dominican Republic-Central American (DR-CAFTA) (Special Rate): The DR-CAFTA provides duty-free treatment for imports from eligible countries in the Dominican Republic and Central America.
• Peru (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Peru.
• Singapore (Special Rate): Specific arrangements between the importing and exporting countries result in a reduced duty rate for imports from Singapore.

It is important for importers and exporters to be aware of these special tariff preference programs as they can significantly impact the cost of trading these copper-tin base alloys.

When it comes to importing or exporting these copper-tin base alloys under HS Code 74093150, it is essential to comply with the regulations set by the importing and exporting countries. This includes proper documentation, adherence to customs procedures, and compliance with any additional requirements or restrictions imposed by the authorities.

By understanding and following the regulations associated with HS Code 74093150, businesses can ensure smooth and compliant international trade transactions involving copper-tin base alloys.