When it comes to international trade, having a standardized system for classifying products is essential. This is where the Harmonized System (HS) code comes into play. Each product is assigned a unique HS code, which allows for easy identification and classification.
One such HS code is 82159922, which refers to base metal forks that are sold without their handles. Let's take a closer look at this product and its various aspects.
The HS code 82159922 specifically refers to forks made of base metal. These forks are designed to be used for various purposes, such as eating utensils or serving tools. However, it is important to note that these forks do not include their handles, which need to be purchased separately.
Under the World Trade Organization (WTO), countries are required to offer the same trade barriers and market access to all their trading partners. In the case of HS code 82159922, the bound / most-favored-nation (MFN) duty rate is set at free. This means that no additional duties or tariffs are imposed when importing or exporting these base metal forks without handles.
The quantity unit for HS code 82159922 is measured in numbers (NO). This means that the quantity of forks is counted individually rather than by weight or volume.
In addition to the MFN duty rate, there are several special tariff preference programs that offer further benefits for importing or exporting base metal forks without handles under HS code 82159922. These programs include:
HS code 82159922 allows for the import and export of base metal forks without handles between various states in the United States. The specific importing and exporting states may vary depending on the trade agreements and regulations in place at the time of the transaction.
It is important for importers and exporters to be aware of the applicable HS code, as well as any special tariff preference programs, to ensure compliance with international trade regulations and to take advantage of any available benefits and exemptions.
HS code 82159922 represents base metal forks without handles. This code allows for the easy identification and classification of these products in international trade. With a bound / MFN duty rate of free and various special tariff preference programs in place, importers and exporters can benefit from duty-free treatment and other advantages when dealing with this specific product.