Containers for compressed gases and containers used for covering or holding merchandise during transportation are essential components of the global trade industry. These containers are designed to safely store and transport a wide range of goods, including compressed gases and various merchandise. HS Code 98130045 is specifically assigned to these containers, indicating their classification in the Harmonized System (HS) for international trade.
The HS Code 98130045 covers containers that are suitable for reuse, ensuring their durability and longevity. These containers play a crucial role in facilitating efficient and secure transportation of goods across borders. Let's explore more details about this HS code and its implications in international trade.
The product description of HS Code 98130045 encompasses two primary categories: containers for compressed gases and containers for covering or holding merchandise during transportation.
Both types of containers covered by HS Code 98130045 are built to withstand the rigors of transportation and are suitable for reuse, making them cost-effective and environmentally friendly options for businesses.
The bound / MFN (Most Favored Nation) duty rate for HS Code 98130045 is free when imported under bond, as prescribed in U.S. note 1 to this subchapter. This means that no duty or tariff is imposed on these containers when they are imported, provided they meet the prescribed conditions.
The principle of MFN treatment states 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 ensures fair and non-discriminatory treatment of all trading partners.
The quantity unit for HS Code 98130045 is not available (NA). This indicates that the HS code does not specify a specific unit of measurement for the containers covered by this code. The quantity unit may vary depending on the specific type and size of the containers.
Several countries and regions offer special tariff preference programs for containers covered by HS Code 98130045. These programs provide certain countries with preferential treatment in terms of duty rates. The following are the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote economic cooperation and trade between the participating countries. By offering reduced or duty-free rates, these programs encourage the import and export of containers for compressed gases and transportation of merchandise.
While the specific importing US states for HS Code 98130045 are not mentioned in the available data, it is important to note that the use and distribution of these containers are not limited to any particular state. Containers for compressed gases and merchandise transportation are used nationwide in the United States, supporting various industries and facilitating domestic and international trade.
HS Code 98130045 plays a crucial role in the global trade of containers for compressed gases and containers used for covering or holding merchandise during transportation. These containers are essential for the safe and efficient transportation of goods across borders. Understanding the details and implications of this HS code is vital for businesses involved in international trade, ensuring compliance, and taking advantage of special tariff preference programs when applicable. By promoting sustainability, cost-effectiveness, and secure transportation, these containers contribute to the growth and success of the global trade industry.