The HS Code 85232970 refers to pre-recorded magnetic video tape recordings of a width exceeding 6.5 mm. This code is used to classify and regulate the import and export of these specific products. In this article, we will explore the details of this HS code, including its product description, quantity unit, duty rates, and special tariff preference programs.
The product described under HS code 85232970 is pre-recorded magnetic video tape recordings. These recordings are in the form of tapes and have a width that exceeds 6.5 mm. This HS code helps customs authorities and traders identify and categorize these specific products for import and export purposes.
The bound or most-favored-nation (MFN) duty rate for products under HS code 85232970 is free. This means that whenever 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. As a result, there are no additional duties or tariffs imposed on the import or export of pre-recorded magnetic video tape recordings classified under this HS code.
The quantity unit for products under HS code 85232970 is linear meters (LNM). This unit of measurement helps in determining the length of the pre-recorded magnetic video tape recordings. Traders and customs authorities utilize this unit to calculate the quantity and value of the imported or exported goods.
Products classified under HS code 85232970 may be eligible for special tariff preference programs in certain countries. These programs offer specific benefits or tariff reductions for importers and exporters. The following countries have special tariff preference programs for products under this HS code:
These special tariff preference programs allow importers and exporters from the mentioned countries to benefit from reduced or eliminated tariffs when trading in pre-recorded magnetic video tape recordings classified under HS code 85232970.
Businesses or individuals importing pre-recorded magnetic video tape recordings under HS code 85232970 into the United States may do so from the following states:
Businesses or individuals exporting pre-recorded magnetic video tape recordings under HS code 85232970 from the United States may do so from the following states:
This comprehensive article has provided detailed information about HS code 85232970, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states. Traders and individuals involved in the import and export of pre-recorded magnetic video tape recordings can refer to this article for a better understanding of the relevant regulations and opportunities.