Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 82029900: Saw Blades and Base Metal Parts

When it comes to the import and export of saw blades and their metal parts, HS Code 82029900 plays a crucial role in identifying and categorizing these products. This code is used worldwide to classify goods for customs and trade purposes, ensuring consistency and harmonization across different countries.

The product description associated with HS Code 82029900 is "Saw blades nesoi, and base metal parts thereof." This means that it encompasses saw blades not elsewhere specified, along with any base metal components that are included as part of these blades.

One important aspect to note about HS Code 82029900 is the duty rate associated with it. Currently, the bound or most-favored-nation (MFN) duty rate for this code is free. This means that countries are not required to impose any import duties or taxes on saw blades and their base metal parts falling under this code.

It is worth mentioning that the bound duty rate can vary for different goods and may change over time. However, in the case of HS Code 82029900, the duty rate remains free consistently. This promotes trade facilitation and encourages the flow of these products across international borders.

In addition to the general duty-free treatment, there are also special tariff preference programs available for saw blades and base metal parts classified under HS Code 82029900. These programs provide additional benefits and exemptions for certain trading partners. Here are some examples:

• Australia Special Rate: Australia enjoys a special rate under the Generalized System of Preferences (GSP), which grants duty-free treatment for imports of these products.
• Bahrain Special Rate: Bahrain also benefits from a special rate, allowing duty-free imports of saw blades and base metal parts.
• NAFTA for Canada and Mexico: Under the North American Free Trade Agreement (NAFTA), both Canada and Mexico receive duty-free treatment for these goods.
• Chile Special Rate: Chile has a special rate that provides favorable conditions for the importation of saw blades and their base metal parts.
• Caribbean Basin Initiative (CBI): This program grants duty-free treatment for eligible countries in the Caribbean region, promoting trade and economic development.
• Israel Special Rate: Israel enjoys duty-free treatment for these products, contributing to the trade partnership between Israel and other countries.
• Andean Trade Preference Act (ATPA): This program benefits countries in the Andean region, allowing duty-free imports of saw blades and base metal parts.
• Jordan Special Rate: Jordan has a special rate that facilitates the importation of these goods under preferential conditions.
• Morocco Special Rate: Morocco also benefits from a special rate, promoting trade relations and facilitating the import of saw blades and base metal parts.
• Oman Special Rate: Oman enjoys a special rate that exempts these products from import duties, encouraging trade and economic cooperation.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program provides preferential treatment for eligible countries in the Dominican Republic and Central America, fostering trade integration.
• Peru Special Rate: Peru benefits from a special rate that grants duty-free treatment for imports of saw blades and their base metal parts.
• Singapore Special Rate: Singapore enjoys favorable conditions for the importation of these products, thanks to a special rate.

With these special tariff preference programs in place, countries can establish closer trade ties and reduce trade barriers for saw blades and their base metal parts. This not only encourages the growth of the global saw blade industry but also facilitates economic cooperation and development among nations.

HS Code 82029900 plays a significant role in the classification and trade of saw blades and base metal parts worldwide. With a duty rate of free and various special tariff preference programs available, the import and export of these products are facilitated, promoting international trade and economic growth.