The HS Code 98100055 refers to patterns and models that are exclusively used for exhibition or educational purposes at any public or nonprofit institution. These items are specifically designed to provide visual aids and hands-on learning experiences in various educational settings.
When it comes to international trade, understanding the HS Code is essential as it helps classify and identify different products for customs and trade purposes. The HS Code 98100055 specifically categorizes patterns and models for exhibition or educational use, ensuring that they are properly identified and regulated during import and export processes.
Bound/MFN Duty Rate: Free
The Bound/MFN (Most Favored Nation) duty rate for HS Code 98100055 is free. 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. As a result, there are no additional duties or tariffs imposed on patterns and models intended for exhibition or educational use.
Quantity Unit: No Units Collected (X)
Since patterns and models are not measured or sold by quantity, the quantity unit for HS Code 98100055 is stated as "no units collected" (X). This signifies that the value of these items lies in their educational or exhibition purposes rather than a specific quantity or measurement.
Special Tariff Preference Programs
There may be special tariff preference programs available for patterns and models under HS Code 98100055. These programs offer certain benefits or exemptions to eligible importers or exporters, depending on the specific trade agreements or policies in place.
Importing US States and Exporting US States
The HS Code 98100055 applies to patterns and models imported into and exported from various US states. As patterns and models for exhibition or educational use are required by public or nonprofit institutions across the country, this HS Code is relevant for trade activities involving these items in all US states.
HS Code 98100055 classifies patterns and models exclusively used for exhibition or educational purposes. It allows for smooth international trade by providing a specific code for customs and trade regulations. With a bound/MFN duty rate of free and no specific quantity unit, this HS Code ensures that patterns and models for educational or exhibition use can be imported and exported without additional tariffs or measurement requirements.