HS Code 96151940 refers to a specific product category: combs that are not made of hard rubber or plastics, and are valued at over $4.50 per gross. This HS code is used for international trade purposes to classify and track the import and export of these combs.
When importing or exporting goods, it is important to understand the specific HS code associated with the product. This code helps customs authorities to accurately identify and classify the goods for purposes such as determining import duties, trade statistics, and regulatory requirements.
In the case of HS Code 96151940, it indicates that the combs being traded are not made of hard rubber or plastics and have a value above $4.50 per gross. Gross, in this context, refers to a quantity unit used to measure the number of combs being traded.
Importing these combs into the United States is possible from various countries, including Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and others. These countries enjoy special tariff preference programs, such as duty-free treatment or special rates, under agreements like the Generalized System of Preferences (GSP), NAFTA, the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), and the Dominican Republic-Central American Special Rate (DR-CAFTA).
When importing HS Code 96151940 combs into the United States, specific states are involved in the trade. The District of Columbia, New York, Delaware, Florida, and Missouri are among the importing states. On the other hand, the exporting states include New York, District of Columbia, Wyoming, Florida, and Hawaii.
It is important for businesses and individuals involved in the import and export of combs falling under HS Code 96151940 to be aware of the applicable duty rates. The bound or most-favored-nation (MFN) duty rate for these combs is 28.8 cents per gross, with an additional 4.6% duty applicable whenever a country lowers a trade barrier or opens up a market for the same goods or services.
Understanding the specific details and regulations associated with HS Code 96151940 can help businesses navigate the international trade landscape more effectively. It is essential to stay updated on any changes in duty rates, tariff preference programs, and trading partners to ensure compliance and take advantage of any available benefits.