Paint, Distemper, Varnish or Similar Brushes: An Extensive Overview of HS Code 96034040
HS Code 96034040
Paint, distemper, varnish, or similar brushes (other than artists' brushes) and paint pads are products that fall under HS Code 96034040. This code is used to classify and identify these specific types of brushes for trade and customs purposes.
The HS Code is an internationally recognized system that categorizes goods based on their characteristics and components. It is used by governments, customs authorities, and businesses worldwide to facilitate international trade, ensure accurate classification, and apply appropriate tariffs and regulations.
Product Description:
The product description for HS Code 96034040 includes brushes used for applying paint, distemper, varnish, or similar substances. These brushes are specifically meant for general use and not for artistic purposes. Paint pads, which are flat applicators used for applying paint, are also included in this category.
Bound / MFN Duty Rate:
The bound / MFN (Most Favored Nation) duty rate for HS Code 96034040 is 4%. 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. The 4% duty rate is applied to the import of these brushes, ensuring a consistent tariff rate for all countries.
Quantity Unit:
The quantity unit for HS Code 96034040 is the number (NO). This unit represents the number of brushes or paint pads being imported or exported.
Special Tariff Preference Programs:
There are several special tariff preference programs applicable to HS Code 96034040. These programs provide preferential treatment in terms of duty rates for specific countries. The following programs offer free or reduced-duty treatment for importing or exporting these brushes:
- Generalized System of Preferences (GSP): Provides duty-free treatment for eligible products from various developing countries. This program benefits countries such as Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and more.
- Australia Special Rate: Offers a special duty rate for importing from Australia.
- Bahrain Special Rate: Provides a special duty rate for importing from Bahrain.
- NAFTA for Canada: NAFTA (North American Free Trade Agreement) offers duty-free treatment for importing from Canada.
- Chile Special Rate: Offers a special duty rate for importing from Chile.
- Caribbean Basin Initiative (CBI): Provides duty-free treatment for eligible products from designated Caribbean countries.
- Israel Special Rate: Offers duty-free treatment for importing from Israel.
- Andean Trade Preference Act (ATPA): Provides duty-free treatment for eligible products from Andean countries.
- Jordan Special Rate: Provides a special duty rate for importing from Jordan.
- Morocco Special Rate: Offers a special duty rate for importing from Morocco.
- NAFTA for Mexico: NAFTA offers duty-free treatment for importing from Mexico.
- Oman Special Rate: Provides a special duty rate for importing from Oman.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Offers a special duty rate for importing from DR-CAFTA countries.
- Peru Special Rate: Provides a special duty rate for importing from Peru.
- Singapore Special Rate: Offers a special duty rate for importing from Singapore.
Importing US States and Exporting US States:
HS Code 96034040 applies to the import and export of paint, distemper, varnish, or similar brushes and paint pads in the United States. This code is used to track and classify the movement of these products between different states.
Conclusion:
HS Code 96034040 is crucial for the accurate classification and identification of paint, distemper, varnish, or similar brushes and paint pads in international trade. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS Code is essential for businesses, customs authorities, and traders involved in the import and export of these products.
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