Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 74191000: Copper, Chain and Parts Thereof

The HS Code 74191000 refers to copper, chain, and parts made from copper. This code is used to classify and identify these specific products in international trade. It is important for importers, exporters, and customs officials to understand the HS code system as it helps in the smooth flow of goods across borders.

The product description for HS Code 74191000 is copper, chain, and parts thereof. Copper is a versatile metal that has been used for centuries due to its excellent conductivity and corrosion resistance. It is widely used in various industries, including electrical, construction, and manufacturing.

When importing or exporting goods classified under HS Code 74191000, it is essential to be aware of the duty rates associated with this code. The bound or Most Favored Nation (MFN) duty rate for this HS code 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 quantity unit for HS Code 74191000 is kilograms (KG). This unit of measurement is commonly used to determine the weight of copper, chain, or parts made from copper during import or export transactions.

There are also special tariff preference programs available for products classified under HS Code 74191000. These programs provide certain countries with preferential treatment or duty-free access to the US market. The following countries have special tariff rates for this HS code: Australia, Austria, Bahrain, Canada, Chile, Ecuador, Israel, Japan, Jordan, Morocco, Mexico, Oman, Peru, Singapore, and many others.

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products from developing countries.
• Australia Special Rate: This program offers duty-free treatment for specific automotive products under the Automotive Products Trade Act (APTA).
• Bahrain Special Rate: This program provides duty-free treatment for qualifying products from Bahrain.
• NAFTA for Canada: This program allows duty-free treatment for goods imported from Canada under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: This program offers preferential treatment for products imported from Chile.
• Caribbean Basin Initiative (CBI): This program provides duty-free access to the US market for eligible products from designated Caribbean countries.
• Israel Special Rate: This program offers duty-free treatment for qualifying products imported from Israel.
• Andean Trade Preference Act (ATPA): This program provides preferential treatment for products imported from designated Andean countries.
• Jordan Special Rate: This program offers duty-free treatment for qualifying products imported from Jordan.
• Morocco Special Rate: This program provides preferential treatment for products imported from Morocco.
• NAFTA for Mexico: This program allows duty-free treatment for goods imported from Mexico under NAFTA.
• Oman Special Rate: This program offers duty-free treatment for qualifying products imported from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program provides duty-free access to the US market for eligible products from the Dominican Republic and Central American countries.
• Peru Special Rate: This program offers preferential treatment for products imported from Peru.
• Singapore Special Rate: This program provides duty-free treatment for qualifying products imported from Singapore.

It is important for importers and exporters to consider these special tariff preference programs when conducting trade involving HS Code 74191000. Utilizing these programs can result in significant cost savings and competitive advantages in the international market.

HS Code 74191000 represents copper, chain, and parts made from copper. Understanding this HS code and its associated duty rates and special tariff preference programs is crucial for successful international trade operations. Importers, exporters, and customs officials should familiarize themselves with these regulations to ensure compliance and facilitate smooth cross-border transactions.