The HS Code 74181140 refers to a specific category of products: Copper (o/than copper-zinc alloys), pot scourers, scouring or polishing pads, gloves, and the like. This code helps in identifying and classifying these goods for international trade purposes.
When it comes to international trade, each country has certain rules and regulations in place to control imports and exports. The HS Code system, developed by the World Customs Organization (WCO), is used worldwide to standardize the classification of goods. The HS Code 74181140 specifically relates to copper-based cleaning products.
The products falling under HS Code 74181140 include various copper items used for cleaning and polishing purposes. These can include pot scourers, scouring pads, gloves, and other similar products. Copper has unique properties that make it an excellent material for cleaning and polishing tasks.
Copper has natural antimicrobial properties, making it effective in removing bacteria and germs from surfaces. It is also a soft metal, which means it can be used for scrubbing without scratching delicate surfaces. Additionally, copper is resistant to corrosion, making these products durable and long-lasting.
The bound / MFN (Most Favored Nation) duty rate for products under HS Code 74181140 is 3%. This means that whenever 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 is applicable to imports of these copper cleaning products.
However, it is important to note that duty rates can vary depending on the country of import. Some countries may have specific tariff preferences or free trade agreements in place, which can result in lower or even duty-free treatment for these products.
The quantity unit for measuring products under HS Code 74181140 is kilograms (KG). This unit is used to determine the weight of the imported or exported goods for customs purposes. It helps in calculating duties, taxes, and other charges based on the weight of the copper cleaning products being traded.
Several special tariff preference programs exist for products falling under HS Code 74181140. These programs provide specific benefits and exemptions to certain countries or regions. Here are some examples:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating duties on specific goods.
Regarding the HS Code 74181140, the United States imports and exports these copper cleaning products to and from various states. The specific importing and exporting states may vary depending on market demand and trade relationships.
However, some states in the US are known for their active involvement in international trade. These states often have well-established ports, logistics infrastructure, and trade networks. Some of the prominent importing states for copper pot scourers, scouring pads, gloves, and similar items could include California, New York, Texas, Illinois, and Florida.
On the other hand, states with a significant export volume of these products may include states with manufacturing facilities or those with access to copper resources. States like Arizona, Utah, New Mexico, and Michigan could be potential exporters of copper cleaning and polishing products.
The HS Code 74181140 plays a crucial role in identifying and classifying copper pot scourers, scouring pads, gloves, and other similar products for international trade purposes. This code helps in ensuring standardized customs procedures and facilitating trade between countries. Understanding the duty rates, quantity units, and special tariff preference programs associated with this HS Code is essential for businesses involved in the import and export of copper cleaning and polishing items.
By leveraging the benefits provided by special tariff preference programs, businesses can take advantage of duty-free treatment or favorable trading conditions, enhancing their competitiveness in the global market.