Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 95061980: Snow-ski (o/than cross country) equipment nesoi, and parts & accessories thereof nesoi

The HS Code 95061980 refers to snow-ski (other than cross country) equipment not elsewhere specified or included, and parts and accessories thereof not elsewhere specified or included. This code is used for the classification and identification of these specific products in international trade.

When importing or exporting snow-ski equipment and its parts and accessories, it is important to understand the HS Code and its associated regulations. The HS Code helps customs authorities and traders to accurately categorize and track goods, ensuring compliance with trade policies and facilitating the smooth flow of international trade.

The bound or most-favored-nation (MFN) duty rate for HS Code 95061980 is 2.8%. The MFN duty rate is the baseline rate applied to imports from all trading partners, unless a country has negotiated a lower rate through a preferential trade agreement or special tariff preference program.

Under various special tariff preference programs, certain countries enjoy preferential treatment for imports of snow-ski equipment and its parts and accessories under HS Code 95061980. These programs include:

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

These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods. They provide opportunities for cost savings and increased market access for traders.

It is important for importers and exporters to be aware of the specific tariff preferences available under these programs for HS Code 95061980. By utilizing these preferences, businesses can effectively manage their supply chains, minimize costs, and enhance their competitiveness in the global marketplace.

When importing snow-ski equipment and its parts and accessories under HS Code 95061980, it is also necessary to consider the quantity unit. In this case, the data indicates that no units were collected (X). This information may be relevant for customs clearance and trade statistics purposes.

the HS Code 95061980 plays a crucial role in the international trade of snow-ski equipment and its parts and accessories. Understanding this code, along with the associated duty rates and special tariff preference programs, is essential for importers and exporters to navigate the complexities of global trade and optimize their business operations.