HS Code 82159901 refers to a specific category of products, namely base metal forks with stainless steel handles. These forks are further specified to contain nickel (Ni) or over 10% by weight of manganese (Mn) and have an overall length not exceeding 25.9cm. Additionally, they are valued at under 25 cents each.
When importing or exporting goods, it is important to understand the various regulations and tariff rates associated with the specific HS code. For HS Code 82159901, the bound or MFN (Most Favored Nation) duty rate is 0.9 cents each, along with an additional 15.8% for countries that lower trade barriers or open up their markets.
The quantity unit for this HS code is measured in pieces (PCS), indicating that the number of forks is being counted. This unit of measurement allows for easier tracking and assessment of the quantity being imported or exported.
Furthermore, there are special tariff preference programs available for this HS code. The following countries offer free duty treatment: Australia (A+), Austria (AU), Bahrain (BH), Canada (CA), Chile (CL), Denmark (D), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), and Peru (PE). These countries have agreements in place that allow for duty-free imports of base metal forks with stainless steel handles under HS Code 82159901.
Additionally, Singapore (SG) offers a special rate of 0.1 cents each, along with an additional 1.9% duty. It is important to note that these tariff rates and special preferences may vary over time and it is essential to stay updated with the latest trade agreements and regulations.
When it comes to importing or exporting HS Code 82159901 products, it is necessary to consider the origin and destination states within the United States. The exporting US states refer to the locations within the country from where the goods are being shipped out, while the importing US states are the destinations where the goods are being received.
HS Code 82159901 represents base metal forks with stainless steel handles that meet certain specifications. The tariff rates and special preferences associated with this HS code can have a significant impact on international trade. It is crucial for importers, exporters, and traders to stay informed about the latest regulations and agreements to ensure smooth and cost-effective transactions.