Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 74153310: Muntz or Yellow Metal Copper Bolts

When it comes to international trade, it is crucial to have a standardized system for classifying products. This is where the Harmonized System (HS) Code comes into play. The HS Code 74153310 specifically refers to Muntz or yellow metal copper bolts.

Muntz metal, also known as yellow metal, is an alloy composed of approximately 60% copper and 40% zinc. It is commonly used in various industries, including construction, marine, and electrical. Copper bolts made from Muntz metal offer excellent corrosion resistance, making them ideal for applications in harsh environments.

Now, let's dive deeper into the details of the HS Code 74153310:

Bound / MFN Duty Rate

The Bound / Most Favored Nation (MFN) duty rate for HS Code 74153310 is 1.4%. 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. This ensures fair and non-discriminatory treatment in international trade.

Quantity Unit

The quantity unit for HS Code 74153310 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of the imported or exported goods.

Special Tariff Preference Programs

HS Code 74153310 is eligible for several special tariff preference programs. These programs provide preferential treatment in terms of duty rates for specific countries. Here are some of the programs and the countries that enjoy these benefits:

• Generalized System of Preferences (GSP): This program offers duty-free treatment. Countries eligible for this program include Australia (Special Rate), Bahrain (Special Rate), Canada (NAFTA), Chile (Special Rate), and many others.
• Automotive Products Trade Act (APTA): This program provides duty-free treatment for automotive products. It benefits countries like Canada (NAFTA).
• Caribbean Basin Initiative (CBI): Countries in the Caribbean Basin, including the Dominican Republic (DR-CAFTA), can enjoy duty-free treatment under this program.
• Israel Special Rate: Israel receives duty-free treatment for goods classified under HS Code 74153310.
• Andean Trade Preference Act (ATPA): This program grants preferential treatment to countries like Colombia and Peru.
• Jordan Special Rate: Jordan enjoys duty-free treatment for products falling under this HS Code.
• Morocco Special Rate: Morocco receives special tariff preferences for goods classified under HS Code 74153310.
• Oman Special Rate: Oman benefits from duty-free treatment for this product.
• Singapore Special Rate: Singapore enjoys preferential treatment when it comes to importing or exporting Muntz or yellow metal copper bolts.

Importing and Exporting US States

The HS Code 74153310 is applicable for importing and exporting Muntz or yellow metal copper bolts to and from various states in the United States. The specific states involved in the trade may vary depending on the demand and supply dynamics. However, some notable states known for their involvement in international trade include California, Texas, New York, Florida, and Illinois.

the HS Code 74153310 plays a significant role in classifying and regulating the international trade of Muntz or yellow metal copper bolts. Understanding the details of the HS Code, including duty rates and special tariff preference programs, is essential for businesses engaged in importing or exporting these products. By adhering to the regulations and taking advantage of the available preferential treatment, businesses can optimize their international trade operations.