Base metal spoons and ladles with handles of base metal (other than stainless steel) or with nonmetal handles are classified under HS Code 82159940. This code is used to categorize and track the import and export of these specific products. In this article, we will explore the details of this HS code and the significance it holds in international trade.
The product description for HS Code 82159940 includes base metal spoons and ladles with handles made of base metal, excluding stainless steel, or with nonmetal handles. This code specifically refers to utensils used for serving and stirring food or beverages. The base metal can vary, but it is important to note that stainless steel handles are excluded from this category.
The bound / MFN (Most Favored Nation) duty rate for HS Code 82159940 is 5%. The MFN principle ensures that when a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. Therefore, the duty rate of 5% applies consistently to the import and export of base metal spoons and ladles with handles of base metal or nonmetal handles.
The quantity unit for HS Code 82159940 is measured in numbers (NO). This unit represents the count or quantity of individual base metal spoons and ladles being imported or exported.
Several special tariff preference programs apply to HS Code 82159940. These programs provide certain countries with preferential treatment, including duty-free or reduced duty rates. The following countries benefit from these programs:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable conditions for the import and export of goods.
HS Code 82159940 applies to the import and export of base metal spoons and ladles with handles of base metal or nonmetal handles in various US states. The specific importing and exporting states can vary depending on the trade activities and demand for these products. Some of the commonly involved US states in the import and export of these goods include:
These states play a crucial role in facilitating the flow of base metal spoons and ladles with handles within the United States and to other countries.
HS Code 82159940 represents base metal spoons and ladles with handles of base metal (other than stainless steel) or with nonmetal handles. This code is essential for tracking and regulating the import and export of these products. The 5% duty rate, special tariff preference programs, and involvement of different US states highlight the significance of this HS code in international trade.