The HS code 74182010 refers to copper-zinc base alloys, commonly known as brass, as well as sanitary ware and parts made from these alloys. This code is used to classify and identify these specific products in international trade.
Brass is a versatile alloy that is widely used in various industries due to its excellent properties. It is composed of copper and zinc, with varying ratios of these two metals to achieve different characteristics. Brass is known for its durability, corrosion resistance, and attractive appearance, making it suitable for a wide range of applications.
Sanitary ware refers to products used in bathrooms and toilets, such as faucets, showerheads, bathroom fixtures, and fittings. These products are typically made from brass or other materials to ensure longevity and resistance to water and chemicals.
The HS code 74182010 plays a crucial role in international trade as it helps customs officials and traders accurately identify and classify these specific products. It ensures that the correct import duties, taxes, and regulations are applied to the goods during the import and export process.
The bound / MFN (Most Favored Nation) duty rate for HS code 74182010 is 3%. 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. The 3% duty rate is applied to the value of the imported brass alloys, sanitary ware, and parts.
It's important to note that duty rates can vary between countries and may be subject to change. Traders and importers should always consult the latest customs regulations and tariff schedules to ensure compliance with the applicable duty rates.
The quantity unit for HS code 74182010 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported brass alloys, sanitary ware, and parts. The KG unit allows for accurate measurement and valuation of the goods during customs clearance processes.
HS code 74182010 is eligible for several special tariff preference programs, which provide duty-free or reduced-duty treatment for the importation of these products. Some of the programs include:
These special tariff preference programs aim to promote trade and foster economic cooperation between the United States and participating countries. Traders and importers should familiarize themselves with the specific requirements and conditions of each program to benefit from the applicable duty-free or reduced-duty treatment.
The importation and exportation of products classified under HS code 74182010 can occur between various states in the United States. The specific importing and exporting states may vary depending on the trade agreements, market demand, and supply chains.
It's essential for traders and businesses involved in the import and export of brass alloys, sanitary ware, and parts to be aware of the specific regulations and customs requirements of the importing and exporting states. This includes compliance with documentation, licensing, labeling, and quality standards to ensure smooth and lawful trade operations.
the HS code 74182010 represents copper-zinc base alloys (brass), sanitary ware, and parts thereof. This code facilitates the accurate classification and identification of these products in international trade. Traders and importers should be familiar with the bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code to ensure compliance and benefit from any applicable duty-free treatment. Additionally, understanding the importing and exporting US states is crucial for successful trade operations.