The HS Code 98010040 refers to articles that are returned after temporary export for exhibition, examination, or experimentation, specifically for scientific or educational purposes. This code is used to classify and track these types of goods for customs and trade purposes.
When goods are temporarily exported for exhibition, examination, or experimentation, they are typically intended for display or study in another country. These goods are not intended for sale or commercial use, but rather for scientific or educational purposes.
The bound or Most Favored Nation (MFN) duty rate for HS Code 98010040 is free. This means that when 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. This promotes fair and equal treatment in international trade.
The quantity unit for HS Code 98010040 is not available (NA). This means that the specific quantity of goods being returned after temporary export may vary and is not specified under this code.
There are special tariff preference programs that apply to HS Code 98010040. These programs allow for preferential treatment in terms of duty rates for certain countries. The following countries have been granted special tariff preference for goods classified under HS Code 98010040: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic-Central American countries (under DR-CAFTA), Peru, and Singapore.
When importing goods classified under HS Code 98010040 into the United States, the exporting US states may vary. Similarly, when exporting goods classified under this code from the United States, the importing US states may vary. The specific states involved in the import or export process are not specified under this code.
HS Code 98010040 is used to classify and track articles that are returned after temporary export for exhibition, examination, or experimentation, specifically for scientific or educational purposes. The code indicates that the bound or MFN duty rate is free, and there are special tariff preference programs in place for certain countries. The specific quantity unit is not available (NA), and the importing and exporting US states may vary.