HS Code 95069955: Swimming Pools and Wading Pools and Parts & Accessories Thereof
Swimming pools and wading pools are popular recreational products that provide a refreshing escape during hot summer days. This article will provide an educational overview of HS Code 95069955, which specifically covers swimming pools and wading pools, along with their parts and accessories.
HS Code 95069955 is a harmonized system code used internationally to classify and categorize products for import and export purposes. It is part of the broader HS Code system, which enables uniformity and consistency in international trade. This particular HS Code pertains to swimming pools and wading pools, as well as the parts and accessories required for their proper functioning and maintenance.
When importing swimming pools and wading pools, or their related parts and accessories, it is essential to understand the relevant trade regulations and tariffs. The bound or most-favored-nation (MFN) duty rate for HS Code 95069955 is 5.3%. This means that every time 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.
However, several special tariff preference programs exist that offer duty-free treatment for imports classified under HS Code 95069955. These programs include:
1. Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products from various developing countries.
2. Australia Special Rate: Australia has a special rate for swimming pools and wading pools imported under this HS Code.
3. Bahrain Special Rate: Bahrain offers a special rate for these products.
4. NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), Canada provides duty-free treatment for swimming pools and wading pools.
5. Chile Special Rate: Chile offers a special rate for these products.
6. Caribbean Basin Initiative (CBI): This program provides duty-free treatment for products from eligible countries in the Caribbean region.
7. Israel Special Rate: Israel provides duty-free treatment for imports under this HS Code.
8. Andean Trade Preference Act (ATPA): Certain countries in the Andean region, such as Colombia and Peru, receive preferential treatment for their exports to the United States.
9. Jordan Special Rate: Jordan offers a special rate for swimming pools and wading pools.
10. Morocco Special Rate: Morocco provides a special rate for these products.
11. NAFTA for Mexico: Similar to Canada, Mexico also provides duty-free treatment for swimming pools and wading pools under NAFTA.
12. Oman Special Rate: Oman offers a special rate for these products.
13. Dominican Republic-Central American Special Rate (DR-CAFTA): Under the DR-CAFTA agreement, several Central American countries, including Costa Rica and El Salvador, receive preferential treatment for their exports to the United States.
14. Peru Special Rate: Peru has a special rate for swimming pools and wading pools.
15. Singapore Special Rate: Singapore offers a special rate for these products.
It is important to note that the quantity unit for HS Code 95069955 is "no units collected (X)." This means that the quantity of swimming pools, wading pools, or parts and accessories is not measured in a specific unit but rather treated as a general category.
In terms of specific trade routes, there is data available for importing swimming pools and wading pools classified under HS Code 95069955 into New Hampshire. However, there is no information provided regarding exporting states within the United States.
HS Code 95069955 encompasses swimming pools and wading pools, along with their parts and accessories. Understanding the trade regulations and tariff preferences associated with this HS Code is crucial for importers and exporters in the field. By leveraging the special tariff preference programs and taking advantage of duty-free treatment, businesses can facilitate the smooth flow of swimming pool-related products across international borders.
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