The HS Code 93032000 refers to shotguns, including combination shotgun-rifles, that are specifically designed for sport, hunting, or target-shooting purposes. This code helps in the classification and identification of these firearms for international trade purposes.
Shotguns are versatile firearms that have been used for various purposes throughout history. They are commonly used in sports shooting competitions, hunting, and recreational shooting activities. The HS Code 93032000 specifically covers shotguns that are designed and manufactured for these specific purposes.
When it comes to international trade, the HS Code plays a crucial role in ensuring accurate categorization and smooth customs procedures. It allows countries to regulate and monitor the import and export of goods effectively. The HS Code 93032000 helps customs officials and traders to identify shotguns intended for sport, hunting, or target-shooting, making the trade process more efficient and transparent.
The bound or most-favored-nation (MFN) duty rate for shotguns under the HS Code 93032000 is set at 2.6%. This means that when importing shotguns for sport, hunting, or target-shooting, a duty rate of 2.6% will be applied. It is important to note that this duty rate remains constant regardless of the trading partner or country of origin.
The quantity unit for shotguns under the HS Code 93032000 is measured in numbers (NO). This unit indicates the number of shotguns being imported or exported.
Several special tariff preference programs are available for shotguns under the HS Code 93032000. These programs provide specific advantages and exemptions for certain countries or regions. For example, shotguns imported under the Generalized System of Preferences (GSP) are eligible for duty-free treatment. Similarly, countries like Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, Dominican Republic-Central America (DR-CAFTA), Peru, and Singapore have their own special rates or preferential treatment.
These special tariff preference programs aim to promote trade and economic cooperation between countries while providing certain benefits to specific trading partners. Importers and exporters should be aware of these programs and take advantage of them to optimize their trade activities.
the HS Code 93032000 categorizes shotguns designed for sport, hunting, or target-shooting purposes. It helps in the classification and identification of these firearms for international trade purposes. Understanding the bound duty rate, quantity unit, and special tariff preference programs associated with this HS Code is essential for importers and exporters in the firearms industry.