The HS Code 82079075 refers to a specific category of products known as interchangeable tools. These tools are designed for various purposes, excluding cutting metal. Additionally, the code includes base metal parts that are associated with these tools.
When it comes to international trade, the HS code plays a crucial role in classifying and categorizing products. It helps streamline customs procedures, ensure accurate tariff rates, and facilitate international trade agreements. The HS code 82079075 specifically identifies the nature and characteristics of the products falling under this category.
Bound / MFN duty rate for HS Code 82079075 is 3.7%. The bound duty rate represents the maximum tariff rate that a country can impose on imported goods. This rate ensures 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. This principle promotes fairness and equal treatment in international trade.
The quantity unit for HS Code 82079075 is stated as "no units collected (X)." This implies that the product is not measured or traded in specific units, or data regarding the quantity is not available.
There are various special tariff preference programs associated with HS Code 82079075. These programs provide benefits to certain countries or regions by allowing duty-free treatment for the importation of products falling under this HS code. Some of the countries benefiting from these programs include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and others.
Importing and exporting US states may vary when it comes to HS Code 82079075. The specific states involved in the importation and exportation of products falling under this HS code may change depending on various factors such as demand, supply, and trade agreements. It is essential for importers and exporters to stay updated on the specific requirements and regulations of the states involved in their trade activities.
the HS Code 82079075 represents a category of interchangeable tools and base metal parts that are not suitable for cutting metal. This code aids in the classification and regulation of international trade, ensuring accurate tariff rates and facilitating trade agreements. Understanding the specifics of this HS code is crucial for importers, exporters, and customs authorities to ensure compliance and smooth trade transactions.