Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 82012000: Forks (Hand Tools) and Base Metal Parts Thereof

The HS Code 82012000 refers to forks, which are hand tools, and their base metal parts. This code is used to classify and identify these specific products for import and export purposes. Understanding the HS code is essential for businesses involved in international trade as it helps in proper product identification, tariff determination, and compliance with customs regulations.

When it comes to trade barriers and market access, the MFN (Most Favored Nation) principle applies. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. In the case of HS Code 82012000, the bound or MFN duty rate is free, ensuring equal treatment for all trading partners.

The quantity unit for HS Code 82012000 is "no units collected (X)." This indicates that the specific product does not have a standardized unit of measurement for collection purposes.

There are several special tariff preference programs associated with HS Code 82012000. These programs offer preferential treatment in terms of duty rates for eligible countries. The following countries benefit from these programs: Australia, Bahrain, Canada (under NAFTA), Chile, the European Union, Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the United States.

Let's delve into some of these special tariff preference programs:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products from developing countries. HS Code 82012000 may qualify for duty-free treatment under the GSP program.
• Australia Special Rate: Australia offers a special rate for imports of HS Code 82012000, which may provide a competitive advantage for businesses trading with Australia.
• Bahrain Special Rate: Bahrain also offers a special rate for imports of HS Code 82012000, creating favorable conditions for trade between Bahrain and other countries.
• NAFTA for Canada and Mexico: Under the North American Free Trade Agreement (NAFTA), both Canada and Mexico provide duty-free treatment for HS Code 82012000, promoting trade within the region.
• Chile Special Rate: Chile offers a special rate for imports of HS Code 82012000, facilitating trade between Chile and its trading partners.
• Andean Trade Preference Act (ATPA): HS Code 82012000 may qualify for duty-free treatment under the ATPA, which promotes trade between the United States and countries in the Andean region.
• Jordan Special Rate: Jordan provides a special rate for imports of HS Code 82012000, creating favorable conditions for trade between Jordan and other countries.
• Morocco Special Rate: Morocco offers a special rate for imports of HS Code 82012000, promoting trade between Morocco and its trading partners.
• Oman Special Rate: Oman also provides a special rate for imports of HS Code 82012000, facilitating trade between Oman and other countries.
• Dominican Republic-Central American Special Rate (DR-CAFTA): HS Code 82012000 may qualify for duty-free treatment under the DR-CAFTA, which promotes trade between the United States, the Dominican Republic, and Central American countries.
• Peru Special Rate: Peru offers a special rate for imports of HS Code 82012000, creating favorable conditions for trade between Peru and other countries.
• Singapore Special Rate: Singapore provides a special rate for imports of HS Code 82012000, promoting trade between Singapore and its trading partners.

Importing and exporting of HS Code 82012000 can occur between various states in the United States. Similarly, the product can be exported from the United States to different states. The specific states involved in import and export activities for HS Code 82012000 may vary based on market demand, production capabilities, and trade agreements.

HS Code 82012000 refers to forks (hand tools) and base metal parts thereof. It plays a crucial role in international trade by facilitating proper product classification, tariff determination, and compliance with customs regulations. The MFN duty rate for this code is free, ensuring equal treatment for all trading partners. Additionally, special tariff preference programs provide eligible countries with preferential duty rates, promoting trade and market access.