The HS Code 94042100 refers to mattresses made of cellular rubber or plastics, whether or not they are covered. This code is used to classify and identify these specific types of mattresses for international trade purposes. It is important for importers, exporters, and customs authorities to understand and use HS codes correctly to ensure smooth and accurate trade transactions.
When importing mattresses with the HS Code 94042100 into the United States, several states are listed as the main destinations. These states include New Mexico, Oklahoma, Virgin Islands, Arkansas, Georgia, Wyoming, and Minnesota. Importers and exporters should be aware of the specific regulations and requirements for importing mattresses into these states to avoid any complications or delays.
The bound or most-favored-nation (MFN) duty rate for mattresses with the HS Code 94042100 is 3%. This means that whenever a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. The 3% duty rate applies to these mattresses regardless of their origin.
However, there are special tariff preference programs that offer duty-free treatment for mattresses with the HS Code 94042100. These programs include the Generalized System of Preferences (GSP), which provides duty-free treatment for eligible products. Australia, Bahrain, Canada (under NAFTA), Chile, the Caribbean Basin Initiative (CBI), Israel, the Andean Trade Preference Act (ATPA), Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic-Central American Special Rate (DR-CAFTA), Peru, and Singapore have special rates or duty-free treatment for these mattresses.
To make it easier to identify the quantity of mattresses being traded, the unit of measurement for HS Code 94042100 is "number" (NO). This means that the quantity of mattresses is measured in the number of individual units being imported or exported.
the HS Code 94042100 is used to classify mattresses made of cellular rubber or plastics, whether or not they are covered. Importers and exporters should be aware of the specific regulations and requirements for importing mattresses into different states, especially New Mexico, Oklahoma, Virgin Islands, Arkansas, Georgia, Wyoming, and Minnesota. The bound duty rate is 3%, but certain countries have special tariff preference programs that offer duty-free treatment for these mattresses. Understanding and correctly using HS codes is crucial for successful international trade transactions.