Tuning pins for stringed musical instruments fall under HS Code 92099240. This HS code specifically pertains to tuning pins used in stringed musical instruments that are classified under heading 9202. Tuning pins are essential components of instruments like guitars, violins, pianos, and many others. They play a crucial role in adjusting the tension of the strings to achieve the desired pitch and sound quality.
When it comes to international trade, the bound or most-favored nation (MFN) duty rate for tuning pins is 10 cents per 1,000 pins, with an additional 3.5% duty whenever a country reduces trade barriers or opens up its market. This principle ensures equal treatment for all trading partners in terms of goods and services.
The quantity unit for tuning pins is measured in thousand units (THS). This unit helps in determining the volume of imports or exports of tuning pins in a particular trade transaction.
Special tariff preference programs are available for tuning pins under HS Code 92099240. These programs provide certain countries with preferential treatment, offering duty-free access to the US market. The countries included in these programs are:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and the participating countries. By providing duty-free treatment, they encourage the import and export of tuning pins, fostering international cultural exchange through music.
In terms of importing, the US states of Kansas and Vermont are known for their significant import of tuning pins under HS Code 92099240. These states recognize the importance of high-quality tuning pins for their local musicians and music industry. They actively engage in trade activities related to musical instruments, supporting both domestic and international suppliers.
On the other hand, the US states of New Hampshire and the District of Columbia are known for their active export of tuning pins. These states have a thriving music industry and are recognized for their craftsmanship in the production of stringed musical instruments. The export of tuning pins contributes to their economic growth and strengthens their position as key players in the music industry.
HS Code 92099240 represents tuning pins for stringed musical instruments. These essential components play a vital role in achieving proper pitch and sound quality. With the availability of special tariff preference programs, countries can enjoy duty-free access to the US market for tuning pins. Additionally, specific US states actively engage in importing and exporting tuning pins, contributing to the growth and development of their local music industries.