The HS Code 83024160 refers to iron or steel, aluminum or zinc mountings, fittings, and similar articles that are not elsewhere specified or included. These articles are suitable for buildings and are made from base metal parts. This code is used to classify and identify these specific products for international trade purposes.
When it comes to trade, countries often have different regulations and tariffs in place. The MFN duty rate for products under HS Code 83024160 is 3.9%. This means that when a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This helps promote fair and equal trade among nations.
The quantity unit for products classified under HS Code 83024160 is kilograms (KG). This unit is used to measure the weight of the imported or exported items. It provides a standardized way to determine the quantity of goods being traded.
There are also special tariff preference programs in place for products falling under HS Code 83024160. These programs offer preferential treatment and may reduce or eliminate the duty rates for certain countries. Some of these programs include:
It is important to note that the list of importing and exporting US states provided for HS Code 83024160 includes Kansas and South Dakota. These states have a demand for the products falling under this code and are actively involved in importing them.
The HS Code 83024160 is a crucial classification for iron or steel, aluminum or zinc mountings, fittings, and similar articles suitable for buildings. It helps streamline trade procedures and ensures that the products are properly categorized for import and export purposes. Understanding this code and its associated regulations can greatly benefit businesses involved in international trade.