HS Code 85232940 refers to pre-recorded magnetic tapes that are not classified under any other specific category, with a width not exceeding 4 mm. This code is used for international trade purposes to identify and classify this particular product. In this article, we will explore more about this HS code and the details associated with it.
The product description for HS Code 85232940 is "Pre-recorded magnetic tapes, of a width not exceeding 4 mm, nesoi." This means that the code is used to identify magnetic tapes that have already been recorded with audio or visual content and are not classified under any other specific category. These tapes can be used for various purposes, such as music recordings, video recordings, or data storage.
The bound / MFN (Most Favored Nation) duty rate for HS Code 85232940 is 4.8 cents/m2 of recording surface. The MFN duty rate is the rate that applies to all trading partners equally, as per the principles of the World Trade Organization (WTO). It is important to note that this duty rate may change when a country lowers a trade barrier or opens up a market, as they have to do so for the same goods or services from all their trading partners.
The quantity unit for HS Code 85232940 is "number (NO)." This means that the quantity of the product is measured in numbers or individual units, rather than any specific weight or volume measurement.
HS Code 85232940 is eligible for various special tariff preference programs, which provide certain countries with preferential treatment or duty-free access to the US market. The list of countries and their corresponding special tariff preference programs for this HS code are as follows:
These special tariff preference programs allow eligible countries to import HS Code 85232940 to the United States either duty-free or at a reduced duty rate, depending on the specific program and country.
There are several US states that import HS Code 85232940. These states include:
These states have a demand for pre-recorded magnetic tapes and are involved in the importation of HS Code 85232940.
On the other hand, there are specific US states that are involved in exporting HS Code 85232940. These states include:
These states are actively engaged in exporting pre-recorded magnetic tapes of a width not exceeding 4 mm, nesoi, classified under HS Code 85232940.
HS Code 85232940 is used to identify and classify pre-recorded magnetic tapes of a width not exceeding 4 mm, nesoi. It is important to understand the product description, duty rates, special tariff preference programs, and the involved US states for both import and export. This information is valuable for businesses and individuals dealing with or interested in the importation and exportation of this specific product.