Hunting knives with fixed blades and wood handles fall under HS Code 82119260. This code is used to classify and identify this specific type of product for trade and customs purposes. The HS Code is an internationally recognized system for categorizing goods based on their characteristics and is used by countries around the world to streamline trade processes.
The product description of HS Code 82119260 clearly states that it refers to hunting knives with fixed blades and wood handles. Fixed-blade knives are known for their durability and strength, making them ideal for outdoor activities such as hunting and camping. The wood handles add a touch of natural beauty to these knives while also providing a comfortable grip.
When importing or exporting goods classified under HS Code 82119260, it is important to be aware of the specific duty rates and tariff preferences associated with this product. The bound or Most Favored Nation (MFN) duty rate for hunting knives with fixed blades and wood handles is 4.4%. This means that this duty rate applies to all countries unless specific tariff preferences are in place.
However, various special tariff preference programs exist that offer duty-free treatment for this product. The countries eligible for these preferences include Australia, Bahrain, Canada (under NAFTA), Chile, the European Union (EU), Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and certain countries under the Caribbean Basin Initiative (CBI) and the Andean Trade Preference Act (ATPA).
The Generalized System of Preferences (GSP) grants duty-free treatment to hunting knives with fixed blades and wood handles. This program aims to promote economic growth in developing countries by allowing duty-free access to their goods in certain markets. Australia and Bahrain also have special rates for this product, while Canada and Mexico benefit from duty-free treatment under the North American Free Trade Agreement (NAFTA).
The Caribbean Basin Initiative (CBI) and the Andean Trade Preference Act (ATPA) provide duty-free treatment for specific countries in the Caribbean and the Andean region, respectively. Israel, Jordan, and Morocco also have special rates for this product, offering reduced or duty-free treatment.
It is important to note that the quantity unit for HS Code 82119260 is number (NO), indicating that the quantity of hunting knives with fixed blades and wood handles is measured in units or pieces. This unit of measurement allows for easy tracking and documentation of the product during trade transactions.
In the United States, this product can be imported from and exported to various states. The specific states involved in the import or export of hunting knives with fixed blades and wood handles may vary depending on the trading partners and the demand for these products in different regions.
HS Code 82119260 refers to hunting knives with fixed blades and wood handles. This code is used to classify and identify this specific type of product for trade and customs purposes. It is important to be aware of the duty rates and tariff preferences associated with this HS Code when importing or exporting these knives. The special tariff preference programs and the quantity unit of measurement further enhance the understanding of this product in the context of international trade.