The HS Code 82078030 refers to interchangeable tools for turning, which include cutting parts made of chromium (Cr), molybdenum (Mo), or tungsten (W) with a weight percentage of over 0.2%. It also includes cutting parts made of vanadium (V) with a weight percentage of over 0.1%. These tools also consist of base metal parts.
When importing goods with this HS Code, a bound / MFN (Most Favored Nation) duty rate of 4.8% is applicable. This means that every time a country reduces trade barriers or opens up a market, it must do so for the same goods or services from all its trading partners.
It is important to note that the quantity unit for this HS Code is "no units collected (X)." This indicates that the specific unit of measurement for these tools is not specified or collected at the time of import.
However, there are special tariff preference programs that provide exemptions or reduced duty rates for countries importing goods with HS Code 82078030. The following countries are eligible for these programs:
These special tariff preference programs aim to promote trade relations and provide economic benefits to eligible countries.
When importing goods with HS Code 82078030 into the United States, it is essential to consider the exporting US states. This information helps identify the origin of the goods and any additional requirements or restrictions that may apply. Similarly, for exporters in the United States, knowing the importing US states can assist in understanding market demand and potential trade opportunities.
HS Code 82078030 covers interchangeable tools for turning with specific composition requirements. While there is a bound / MFN duty rate of 4.8%, there are also special tariff preference programs that provide exemptions or reduced duty rates for eligible countries. Understanding the importing and exporting US states is crucial for successful trade transactions involving goods with this HS Code.