When it comes to international trade, accurate product classification is crucial for customs authorities and importers/exporters. The Harmonized System (HS) Code is a standardized system used globally to classify and identify products for customs and statistical purposes. In this article, we will delve into the HS Code 96063040, which pertains to button blanks made of casein.
Button blanks are the raw materials used in the production of buttons. They are typically made of various materials such as plastic, metal, or natural substances like casein. Casein is a protein derived from milk and is known for its durability and versatility. Button blanks made of casein are widely used in the textile and fashion industry.
The HS Code 96063040 specifically identifies button blanks made of casein. This code enables customs authorities and traders to easily identify and categorize these products during import and export processes. It ensures clarity and consistency in international trade, facilitating smooth customs clearance procedures.
Bound/MFN (Most Favored Nation) duty rate for HS Code 96063040 is free. This means that whenever a country lowers trade barriers or opens up its market, it has to do so for the same goods or services from all its trading partners. This promotes fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 96063040 is "no units collected (X)." This indicates that the specific unit of measurement for these button blanks is not applicable or not collected. The unit may vary depending on the specific context of the trade transaction.
There are several special tariff preference programs associated with HS Code 96063040. These programs offer preferential treatment in terms of duty-free access to certain markets. The countries eligible for these special rates include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods, including button blanks made of casein. Traders can take advantage of these programs to enhance their competitiveness in international markets.
Importing US states and exporting US states are not specified for HS Code 96063040. This indicates that the classification and treatment of these button blanks remain consistent throughout the United States, regardless of the specific states involved in the import or export transactions.
HS Code 96063040 plays a vital role in the international trade of button blanks made of casein. It ensures accurate product classification, determines duty rates, and identifies eligibility for special tariff preference programs. Traders and customs authorities rely on this code to facilitate smooth and efficient trade operations, promoting fair and equal treatment among trading partners.