Powder-actuated hand tools and their base metal parts fall under HS Code 82055920. This code is used to classify and identify these specific products for international trade purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, and special tariff preference programs.
HS Code 82055920 refers to powder-actuated hand tools and base metal parts. These tools are designed to drive nails, studs, or other fasteners into various materials using the force generated by a controlled explosive charge. They are commonly used in construction and industrial settings for fastening applications.
The base metal parts included in this HS code are the components and accessories that make up the powder-actuated hand tools. These parts are essential for the proper functioning and maintenance of the tools. Examples of base metal parts may include firing pins, barrels, triggers, and springs.
The bound or most-favored-nation (MFN) duty rate for HS Code 82055920 is free. This means that no duty or tariff is imposed on the importation of powder-actuated hand tools and their base metal parts. This duty rate applies universally, ensuring that all trading partners receive the same treatment when exporting these goods.
Whenever a country lowers a trade barrier or opens up a market, it must offer the same free trade conditions to all its trading partners. This principle of non-discrimination promotes fair and equal trade among nations.
The quantity unit for HS Code 82055920 is indicated as "no units collected (X)." This means that the specific quantity or measurement unit for this code is not applicable or not reported. It may vary depending on the specific product and its packaging.
HS Code 82055920 is eligible for various special tariff preference programs, which provide additional benefits and incentives for importers and exporters. The following countries or regions offer special rates or duty-free treatment for this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between the participating countries. By offering preferential treatment or duty-free access, they encourage the import and export of goods, fostering international business relationships.
HS Code 82055920 applies to both importing and exporting activities in the United States. Importers in various states can bring in powder-actuated hand tools and base metal parts, while exporters from different states can ship these products to international markets.
The specific importing and exporting states may vary depending on the demand and supply of these goods. Common importing states for HS Code 82055920 may include states with significant construction and industrial sectors, such as California, Texas, and New York. Similarly, exporting states may include those with manufacturing and production capabilities.
It is important for businesses and traders involved in the import and export of powder-actuated hand tools and base metal parts to be familiar with the regulations and requirements specific to their respective states.
HS Code 82055920 encompasses powder-actuated hand tools and their base metal parts. This code allows for the classification and identification of these products in international trade. The duty rate for this HS code is free, ensuring equal treatment for all trading partners. Additionally, various special tariff preference programs offer additional benefits and duty-free treatment for importers and exporters. Being aware of these programs and understanding the importing and exporting states can help businesses navigate the global trade landscape more effectively.