The HS Code 74112910 refers to a specific product: copper alloys (other than brass/cupro-nickel/nickel-silver) pipes and tubes, seamless. This code is used to classify and categorize this particular type of product for international trade purposes.
Copper alloys are widely used in various industries due to their excellent thermal and electrical conductivity, corrosion resistance, and malleability. These alloys are created by combining copper with other elements such as zinc, tin, nickel, or aluminum. The resulting alloys exhibit enhanced properties and are used in a wide range of applications.
Pipes and tubes made from copper alloys are particularly useful in industries such as plumbing, heating, ventilation, air conditioning, and refrigeration. They are known for their durability, flexibility, and resistance to corrosion, making them ideal for transporting fluids and gases.
The HS Code 74112910 also provides information about the import and export regulations and tariffs associated with this specific product. The bound/MFN (Most Favored Nation) duty rate for this product is 1.4%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for this product is kilograms (KG), which is the standard unit of measurement for international trade. This allows for easy and accurate determination of the quantity of product being imported or exported.
There are also special tariff preference programs associated with the HS Code 74112910. These programs provide certain countries with preferential treatment in terms of duty rates. Some countries that enjoy duty-free treatment for this product include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and others. These special rates are part of different trade agreements and initiatives such as the Generalized System of Preferences (GSP), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), and the Dominican Republic-Central American Special Rate (DR-CAFTA).
Importing states in the US and exporting states in the US play a significant role in the trade of products classified under HS Code 74112910. The specific states involved in the import and export of these copper alloy pipes and tubes may vary depending on market demand, production capabilities, and transportation infrastructure.
HS Code 74112910 is used for classifying copper alloys (other than brass/cupro-nickel/nickel-silver) pipes and tubes that are seamless. This code helps in regulating and facilitating international trade by providing information about import and export regulations, tariff rates, and special preference programs. Copper alloys are versatile and widely used in various industries, and their seamless pipes and tubes offer excellent durability and corrosion resistance.