HS Code 94055030 refers to non-electrical lamps and lighting fixtures made of brass. This code is used to classify these specific products for international trade purposes. Understanding the HS code is essential for importers, exporters, and customs officials to ensure proper classification and accurate calculation of duties and tariffs.
The product description for HS Code 94055030 specifies that it includes non-electrical lamps and lighting fixtures not elsewhere specified or included (nesoi) made of brass. Brass is a popular material for such products due to its durability, corrosion resistance, and aesthetic appeal.
When importing or exporting goods classified under HS Code 94055030, it is important to consider the bound or most-favored-nation (MFN) duty rate. The bound duty rate for this code is 5.7%. The MFN duty rate is the rate applied to all trading partners when a country lowers a trade barrier or opens up a market. This ensures that all countries receive equal treatment for the same goods or services.
The quantity unit for HS Code 94055030 is measured in numbers (NO), which indicates the count or quantity of lamps or lighting fixtures being imported or exported.
Special tariff preference programs are available for products classified under HS Code 94055030. These programs offer reduced or duty-free rates for eligible countries. The following countries have special tariff preference programs for this HS code:
These special tariff preference programs offer various benefits and exemptions, such as duty-free treatment or reduced duty rates, for eligible countries. It is important to consult the specific regulations and requirements of each program when importing or exporting goods under HS Code 94055030.
When importing non-electrical lamps and lighting fixtures of brass classified under HS Code 94055030 into the United States, it is essential to consider the exporting US states and any additional regulations or requirements they may have. Similarly, when exporting these products from the United States, it is important to be aware of the importing US states' regulations and requirements.
HS Code 94055030 provides a specific classification for non-electrical lamps and lighting fixtures made of brass. Understanding this code and its associated details, such as the duty rate and special tariff preference programs, is crucial for businesses engaged in international trade.