Golf is a popular sport enjoyed by millions of people around the world. To engage in this sport, various types of equipment and accessories are required. The HS Code 95063900 refers to golf equipment other than golf footwear, as well as its parts and accessories. This article will provide a comprehensive overview of this HS code, including its product description, duty rates, special tariff preference programs, and more.
The HS Code 95063900 encompasses a wide range of golf equipment and accessories. This includes golf clubs, golf balls, golf bags, golf carts, golf gloves, golf tees, and other similar items. The code also covers parts and accessories related to golf equipment, such as club heads, shafts, grips, and golf ball markers. Essentially, any equipment or accessory used in the game of golf, excluding golf footwear, falls under this HS code.
The bound or most-favored-nation (MFN) duty rate for HS Code 95063900 is 4.9%. This means that 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. The duty rate of 4.9% applies to the import of golf equipment and accessories, regardless of the country of origin.
The quantity unit for HS Code 95063900 is indicated as "no units collected (X)." This means that no specific unit of measurement is used to quantify the import or export of golf equipment and accessories. Instead, the quantity is denoted as "X," which signifies that it is not applicable or not reported.
Various special tariff preference programs exist for the import of golf equipment and accessories under HS Code 95063900. These programs provide certain countries with preferential treatment or duty-free access to the United States market. The following countries are eligible for special tariff preferences under this HS code:
These special tariff preference programs aim to foster trade relations and provide economic benefits to both the United States and the participating countries. They encourage the import of golf equipment and accessories from these countries by eliminating or reducing the import duty.
HS Code 95063900 applies to the import and export of golf equipment and accessories to and from various states within the United States. Some of the major importing states include California, Florida, Texas, New York, and Illinois. These states have a high demand for golf equipment due to the presence of numerous golf courses and a large population of golf enthusiasts.
On the other hand, the major exporting states for golf equipment and accessories include states with a strong golf industry, such as California, Texas, Florida, Georgia, and North Carolina. These states are known for manufacturing high-quality golf equipment and exporting them to domestic and international markets.
HS Code 95063900 covers a wide range of golf equipment and accessories, excluding golf footwear. This code is used to classify and regulate the import and export of golf-related products. It is essential for importers, exporters, and golf enthusiasts to be familiar with this HS code and its associated duty rates and special tariff preference programs. By understanding the regulations and incentives provided under this code, stakeholders in the golf industry can make informed decisions and foster international trade.