The HS Code 90021160 refers to mounted objective lenses that are specifically designed for use in closed circuit television (CCTV) cameras. These lenses are imported separately and can be imported with or without attached electrical connectors or motors.
When it comes to trade barriers and market access, the bound / Most Favored Nation (MFN) duty rate for this HS code is free. This means that every time 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.
The quantity unit for this HS code is the number (NO), indicating that the lenses are counted individually.
There are special tariff preference programs in place for this HS code. The following countries offer duty-free treatment for imported lenses under this code:
When it comes to importing into the United States, the states that have reported importing goods under this HS code are Rhode Island and Georgia. On the other hand, the states that have reported exporting goods under this HS code are New Hampshire and Vermont.
This HS code is important in international trade as it allows for the proper classification and identification of mounted objective lenses for CCTV cameras. Understanding the HS code system is crucial for importers, exporters, customs officials, and other stakeholders involved in global trade.
By using the HS code 90021160, countries can ensure consistency and transparency in trade practices, facilitate the collection of trade statistics, and simplify the identification of specific goods in international transactions.