The HS Code 74181910 refers to copper household articles and parts thereof that are coated or plated with precious metals. These articles can include items such as tables, kitchenware, and other household products. The code is used to classify and identify these specific goods for international trade and customs purposes.
When importing or exporting products classified under HS Code 74181910, it is important to understand the associated regulations and tariff rates. The bound or most-favored-nation (MFN) duty rate for these goods is set at 3%. This means that regardless of the country of origin, a 3% duty must be paid on the value of the goods when importing them into any country.
However, there are special tariff preference programs in place that may offer duty-free treatment for products classified under this HS Code. Some of the countries that provide such preferences include Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and several others. These preferences are part of various trade agreements and initiatives aimed at promoting economic cooperation and development.
For example, the Generalized System of Preferences (GSP) provides duty-free treatment for goods imported from eligible developing countries. Australia, Bahrain, and Israel also offer special rates for products falling under this HS Code. The North American Free Trade Agreement (NAFTA) provides duty-free treatment for trade between Canada, Mexico, and the United States.
Other programs such as the Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), and the Dominican Republic-Central American Special Rate (DR-CAFTA) also offer preferential treatment for certain countries or regions.
When importing goods classified under HS Code 74181910 into the United States, it is important to consider the specific regulations and requirements of the importing and exporting states. Different states may have additional regulations or restrictions on certain products, and it is essential to comply with these rules to ensure smooth customs clearance.
HS Code 74181910 refers to copper household articles and parts coated or plated with precious metals. Understanding the tariff rates, special tariff preference programs, and specific state regulations is crucial for successful international trade involving these goods.