Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 95061280: Bindings and Parts & Accessories for Snow-Skis

The HS Code 95061280 refers to bindings and parts & accessories thereof, specifically designed for snow-skis, excluding cross-country skis. This code is used for the classification and identification of products in international trade. It helps in harmonizing the customs procedures and regulations across different countries, ensuring a smooth flow of goods between trading partners.

When importing or exporting goods related to snow-skis, it is essential to correctly identify and classify them using the HS Code 95061280. This code specifically covers bindings and parts & accessories for snow-skis, which are crucial components for the proper functioning and safety of the skis.

The bound or most-favored-nation (MFN) duty rate for HS Code 95061280 is 2.8%. This means that whenever 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. The duty rate represents the percentage of the declared value of the goods that needs to be paid as customs duty.

It is important to note that certain countries have special tariff preference programs in place for HS Code 95061280. These programs offer preferential treatment, including duty-free or reduced duty rates, to specific trading partners. Some of the special tariff preference programs applicable to bindings and parts & accessories for snow-skis are as follows:

• Generalized System of Preferences (GSP) (duty-free treatment): This program provides duty-free treatment for eligible products from various developing countries.
• Australia Special Rate: Australia has a special rate in place for this HS Code, which offers favorable tariff treatment.
• Bahrain Special Rate: Bahrain provides a special tariff rate for bindings and parts & accessories for snow-skis.
• NAFTA for Canada (duty-free treatment): Under the North American Free Trade Agreement (NAFTA), Canada enjoys duty-free treatment for this HS Code.
• Chile Special Rate: Chile has a special rate for bindings and parts & accessories for snow-skis.
• Caribbean Basin Initiative (CBI): This program offers preferential treatment to eligible products from designated Caribbean countries.
• Israel Special Rate (duty-free treatment): Israel provides duty-free treatment for this HS Code.
• Andean Trade Preference Act (ATPA): This program provides preferential treatment to eligible products from designated Andean countries.
• Jordan Special Rate: Jordan offers a special tariff rate for bindings and parts & accessories for snow-skis.
• Morocco Special Rate: Morocco provides a special rate for this HS Code.
• NAFTA for Mexico: Under NAFTA, Mexico enjoys duty-free treatment for this HS Code.
• Oman Special Rate: Oman has a special tariff rate in place for bindings and parts & accessories for snow-skis.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program offers preferential treatment to eligible products from designated Central American countries and the Dominican Republic.
• Peru Special Rate: Peru provides a special rate for bindings and parts & accessories for snow-skis.
• Singapore Special Rate: Singapore offers a special tariff rate for this HS Code.

When importing or exporting bindings and parts & accessories for snow-skis under HS Code 95061280, it is crucial to be aware of these special tariff preference programs. Utilizing these programs can help reduce or eliminate the customs duties, making the trade more cost-effective and competitive.

the HS Code 95061280 pertains to bindings and parts & accessories for snow-skis, excluding cross-country skis. It is important to correctly classify and identify these goods using the HS Code for smooth international trade. Furthermore, being aware of special tariff preference programs can provide opportunities for duty-free or reduced duty treatment, enhancing the competitiveness of the trade.