Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 82014060: Axes, bill hooks and similar hewing tools, and base metal parts thereof

When it comes to trade and international commerce, it is important to have a standardized system to classify goods. This is where the Harmonized System (HS) code comes into play. The HS code is a globally recognized system used to classify products for customs and trade purposes.

HS Code 82014060 specifically refers to axes, bill hooks, and similar hewing tools, excluding machetes, and their base metal parts. This code helps customs authorities and traders to easily identify and categorize these specific products.

The HS code is often used in trade agreements and regulations, as it provides a common language for countries to discuss and negotiate trade policies. It helps ensure that the same goods are being treated equally across different trading partners.

One important aspect to consider when importing or exporting products with HS Code 82014060 is the bound or most favored nation (MFN) duty rate. The bound duty rate for this code is 6.2%. 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.

In addition to the bound duty rate, there are also special tariff preference programs that may apply to products classified under HS Code 82014060. These programs provide preferential treatment in terms of duty-free access or reduced duty rates for specific countries. For this HS code, the following special tariff preference programs apply:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible countries.
• Australia Special Rate: Provides a special rate for Australia.
• Bahrain Special Rate: Provides a special rate for Bahrain.
• NAFTA for Canada: Provides duty-free treatment for Canada under the North American Free Trade Agreement.
• Chile Special Rate: Provides a special rate for Chile.
• Caribbean Basin Initiative (CBI): Provides duty-free treatment for eligible countries in the Caribbean Basin.
• Israel Special Rate: Provides duty-free treatment for Israel.
• Andean Trade Preference Act (ATPA): Provides duty-free treatment for eligible countries in the Andean region.
• Jordan Special Rate: Provides a special rate for Jordan.
• Morocco Special Rate: Provides a special rate for Morocco.
• NAFTA for Mexico: Provides duty-free treatment for Mexico under the North American Free Trade Agreement.
• Oman Special Rate: Provides a special rate for Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Provides duty-free treatment for eligible countries in the Dominican Republic-Central America Free Trade Agreement.
• Peru Special Rate: Provides a special rate for Peru.
• Singapore Special Rate: Provides a special rate for Singapore.

It is important to check the specific requirements and eligibility criteria for these special tariff preference programs when importing or exporting products classified under HS Code 82014060.

When it comes to importing or exporting products with HS Code 82014060, it is also important to consider the quantity unit. In this case, no units are collected, indicated by the symbol (X). This means that the quantity of the product is not measured or collected for customs purposes.

Finally, it is worth mentioning that the HS code is not only used for trade purposes but also for statistical analysis, research, and tracking of international trade flows. It provides valuable information for governments, businesses, and organizations to understand global trade patterns and make informed decisions.

HS Code 82014060 is a specific code used to classify axes, bill hooks, and similar hewing tools, excluding machetes, and their base metal parts. It is an essential tool for customs authorities, traders, and policymakers to facilitate international trade and ensure fair treatment for all trading partners. Understanding the HS code and its related information, such as duty rates and special tariff preference programs, is crucial for successful import and export activities.