The HS Code 96089940 refers to parts of pens, mechanical pencils, and similar writing instruments. These parts are specifically provided for in HS Codes 9608.10, 9608.31, and 9608.39, with the exception of balls for ballpoint pens.
When it comes to international trade, countries often use Harmonized System (HS) codes to classify products. This standardized system enables efficient communication and understanding between trading partners. The HS Code 96089940 helps identify and categorize the specific parts used in pens and mechanical pencils.
Under the World Trade Organization (WTO), countries are required to treat all their trading partners equally. This means that whenever 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 bound or most-favored-nation (MFN) duty rate for HS Code 96089940 is free.
This means that countries applying the MFN principle will not impose any customs duties on the importation of these parts. This encourages international trade and ensures fair treatment for all trading partners.
The quantity unit for HS Code 96089940 is measured in numbers (NO). This indicates that the quantity is counted based on the number of parts being imported or exported.
Several special tariff preference programs offer benefits for the importation of parts falling under HS Code 96089940. These programs provide reduced or duty-free treatment, promoting trade and economic cooperation between countries. Below are some notable programs and the corresponding rates:
These special rates and programs aim to foster economic relationships and incentivize trade between countries. Importers and exporters should be aware of these programs to take advantage of the benefits they offer.
HS Code 96089940 applies to the importation and exportation of parts for pens and mechanical pencils in the United States. Importing US states are the states within the US where these parts are being brought into the country. Exporting US states are the states from which these parts are being sent to other countries.
It is important for businesses and individuals involved in the import and export of these parts to comply with the relevant regulations and documentation required by the US government. This ensures smooth and legal trade transactions.
HS Code 96089940 represents parts of pens, mechanical pencils, and similar writing instruments. Understanding the specifics of this HS code, its duty rates, and the available special tariff preference programs can greatly benefit importers and exporters involved in the trade of these parts. Compliance with regulations and taking advantage of favorable trade programs contribute to a thriving international trade environment.