HS Code 85232980 refers to pre-recorded magnetic tapes of a width exceeding 6.5 mm, nesoi. This code classifies a specific type of product that falls under the category of magnetic tapes. In this article, we will explore the details and implications of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The product description of HS Code 85232980 is pre-recorded magnetic tapes with a width exceeding 6.5 mm, nesoi. This means that the code applies to magnetic tapes that have already been recorded with audio, video, or other data, and have a width greater than 6.5 mm. It is important to note that "nesoi" stands for "not elsewhere specified or included," indicating that this code covers magnetic tapes that do not fall under any other specific classification.
The bound or most-favored-nation (MFN) duty rate for HS Code 85232980 is 4.8 cents per square meter (m2) of recording surface. This means that for every square meter of the magnetic tape's recording surface, a duty of 4.8 cents is applicable. It is worth mentioning that the duty rate may vary depending on the country and its trade policies.
The quantity unit for HS Code 85232980 is square meters (m2). This indicates that the measurement used to quantify the product is in square meters, specifically referring to the area of the recording surface of the magnetic tape.
Several special tariff preference programs are applicable to HS Code 85232980. These programs provide specific benefits and duty-free treatment for the import and export of the product. The following countries and programs offer special tariff rates:
These tariff preference programs aim to promote international trade and provide favorable conditions for the import and export of pre-recorded magnetic tapes within the specified countries.
For HS Code 85232980, the following US states are listed as importing destinations:
These states are the designated recipients of imports classified under HS Code 85232980. It is important for businesses and traders to be aware of these states when importing pre-recorded magnetic tapes.
On the other hand, the following US states are listed as exporting sources for HS Code 85232980:
These states are the origins of exports classified under HS Code 85232980. Businesses and traders should take note of these states when considering the source of pre-recorded magnetic tapes.
Overall, HS Code 85232980 covers pre-recorded magnetic tapes of a specific width and includes various aspects that impact the import and export of the product. Understanding the details of this HS code is essential for businesses involved in the trade of pre-recorded magnetic tapes to ensure compliance with relevant regulations and take advantage of any applicable tariff preference programs.