Base metal statuettes and other ornaments plated with precious metal, and base metal parts thereof are classified under HS Code 83062100. This code is used to identify and classify these specific products for international trade purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 83062100 is "Base metal statuettes and other ornaments plated with precious metal, and base metal parts thereof." This means that it covers a range of decorative items and their components made from base metals, such as copper, zinc, or iron, which are then plated with precious metals like gold or silver. These items can include figurines, sculptures, decorative objects, and other similar ornaments.
The bound or most-favored-nation (MFN) duty rate for HS Code 83062100 is 4.5%. The MFN duty rate is the default rate applied to imports unless a country has granted preferential treatment under a special tariff preference program. It is important to note that duty rates can vary depending on the specific country of import. However, when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 83062100 is kilograms (KG). This means that the weight of the imported or exported products under this code is measured in kilograms. The quantity unit is essential for accurate calculation of duties, as duty rates are often applied based on the weight or quantity of goods imported or exported.
HS Code 83062100 is eligible for several special tariff preference programs that offer reduced or duty-free treatment for imports. The following programs provide special rates or duty-free treatment for this code:
While the data provided does not specify the exporting states, the importing states for products classified under HS Code 83062100 are Kansas and South Dakota. These states are the destinations for imports of base metal statuettes and other ornaments plated with precious metal, and base metal parts thereof.
HS Code 83062100 represents a category of decorative items and their components made from base metals and plated with precious metals. The code is used for international trade purposes to classify and identify these products. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is essential for importers, exporters, and trade professionals involved in the global trade of base metal statuettes and ornaments.