The HS Code 95065140 refers to lawn-tennis rackets that are not strung. This code is used to identify and classify these specific products for international trade purposes. It is important to understand the HS code system as it plays a crucial role in international trade by facilitating the smooth flow of goods across borders.
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. This means that the bound or most-favored-nation (MFN) duty rate for this particular HS code is 3.9%. This rate is applicable every time a country lowers a trade barrier or opens up its market.
The quantity unit for the product is represented by the abbreviation "NO," which stands for number. This means that the quantity of lawn-tennis rackets being imported or exported is measured in terms of the number of units.
There are also special tariff preference programs associated with this HS code. The following countries enjoy preferential treatment:
These special tariff preference programs provide certain countries with preferential treatment, such as duty-free treatment or special rates, when importing or exporting lawn-tennis rackets under this HS code.
Importing and exporting of lawn-tennis rackets under HS code 95065140 can take place between various states in the United States. Similarly, these products can be exported to and imported from different states within the United States.
HS Code 95065140 represents lawn-tennis rackets that are not strung. It is essential to understand the HS code system and its associated details when engaging in international trade. By knowing the specific HS code for a product, such as lawn-tennis rackets, importers and exporters can ensure compliance with trade regulations and take advantage of any special tariff preference programs available.