Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 93033040: Rifles for Sport, Hunting, or Target Shooting

Rifles have long been used for sport, hunting, and target shooting. These versatile firearms have become an integral part of many recreational activities and competitions. In this article, we will explore the HS Code 93033040, which specifically refers to rifles (other than muzzle-loading) valued over $25 but not exceeding $50 each. Let's delve into the details of this HS code and its implications for import and export.

Product Description

The HS Code 93033040 encompasses rifles designed for sport, hunting, or target shooting. It excludes muzzle-loading rifles and applies to those valued over $25 but not exceeding $50 each. This code helps identify and classify these firearms for international trade purposes.

Duty Rates

When importing rifles under HS Code 93033040, a bound or Most Favored Nation (MFN) duty rate of 3.8% is applied to the value of the rifle. Additionally, if a telescopic sight is included, an additional 10% duty is levied on its value. It's important to note that duty rates may vary depending on the country of import.

Trade barriers and market access are key considerations in international trade. When 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. This principle ensures fair and equitable treatment for all participants in international trade.

Quantity Unit

The quantity unit for rifles under HS Code 93033040 is measured in numbers (NO). This unit helps determine the quantity of rifles being imported or exported.

Special Tariff Preference Programs

Several special tariff preference programs offer benefits for importing rifles under HS Code 93033040. These programs provide reduced or duty-free treatment for eligible countries. Here are some notable programs:

• Generalized System of Preferences (GSP): Offers duty-free treatment for eligible countries.
• Australia Special Rate: Provides special rates for imports from Australia.
• Bahrain Special Rate: Grants special rates for imports from Bahrain.
• NAFTA for Canada: Duty-free treatment under the North American Free Trade Agreement for imports from Canada.
• Chile Special Rate: Offers special rates for imports from Chile.
• Caribbean Basin Initiative (CBI): Provides preferential treatment for imports from eligible Caribbean countries.
• Israel Special Rate: Grants duty-free treatment for imports from Israel.
• Andean Trade Preference Act (ATPA): Offers preferential treatment for imports from eligible Andean countries.
• Jordan Special Rate: Provides special rates for imports from Jordan.
• Morocco Special Rate: Grants special rates for imports from Morocco.
• NAFTA for Mexico: Duty-free treatment under the North American Free Trade Agreement for imports from Mexico.
• Oman Special Rate: Offers special rates for imports from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Provides preferential treatment for imports from eligible countries in the Dominican Republic-Central American Free Trade Agreement.
• Peru Special Rate: Grants special rates for imports from Peru.
• Singapore Special Rate: Offers special rates for imports from Singapore.

Importing and Exporting US States

The HS Code 93033040 is relevant for both importing and exporting rifles within the United States. It applies to transactions involving these firearms between different states. The code helps ensure proper classification and tracking of these goods for statistical and regulatory purposes.

the HS Code 93033040 plays an important role in identifying and classifying rifles for sport, hunting, or target shooting. It helps determine duty rates, quantity units, and eligibility for special tariff preference programs. By understanding this code, importers, exporters, and regulators can navigate the international trade of rifles with clarity and compliance.