Fish landing nets, butterfly nets, and similar nets fall under the HS Code 95079060. This code is used to classify these specific types of nets for international trade purposes. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states related to this HS code.
Fish landing nets, butterfly nets, and similar nets are tools used in fishing and other activities that involve catching small animals or insects. These nets are specifically designed to safely capture and handle fish, butterflies, and similar creatures without causing harm. They usually consist of a netting material attached to a handle, allowing users to scoop up their target and lift it out of the water or air.
The bound or most-favored-nation (MFN) duty rate for HS Code 95079060 is 5%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It requires that the same goods or services from all trading partners receive the same treatment in terms of duty rates. This means that fish landing nets, butterfly nets, and similar nets imported/exported among different countries will generally incur a 5% duty.
The quantity unit for HS Code 95079060 is "number" (NO). This unit indicates that the quantity of fish landing nets, butterfly nets, and similar nets is measured in the number of individual units. For example, if a shipment of these nets contains 100 units, the quantity would be stated as 100 NO.
Various special tariff preference programs exist for fish landing nets, butterfly nets, and similar nets under HS Code 95079060. These programs provide specific benefits or exemptions from duty rates for eligible countries. The following countries enjoy special tariff rates or duty-free treatment for importing these nets:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating the duty burden on fish landing nets, butterfly nets, and similar nets.
HS Code 95079060 applies to fish landing nets, butterfly nets, and similar nets imported into and exported from various US states. The specific states involved in the trade of these nets may vary, but they commonly include coastal states with active fishing industries or states that engage in the import/export of fishing equipment. Some examples of US states that may import or export fish landing nets include California, Florida, Washington, Alaska, and Louisiana.
HS Code 95079060 classifies fish landing nets, butterfly nets, and similar nets for international trade purposes. It determines the duty rates, quantity unit, and eligibility for special tariff preference programs. Understanding this HS code is essential for importers, exporters, and traders involved in the global trade of these nets.