When it comes to international trade, there are various codes and regulations in place to ensure smooth operations. One such code is the HS Code 99035301, which specifically pertains to Canada softwood lumber products from Manitoba, Ontario, Quebec, or Saskatchewan. In this article, we will explore this HS code in detail, discussing its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 99035301 is Canada softwood lumber products described in U.S. note 13 to subchapter 9903. This means that the code encompasses different types of softwood lumber, such as pine, spruce, or fir, originating from the provinces of Manitoba, Ontario, Quebec, or Saskatchewan.
The bound / MFN (Most Favored Nation) duty rate for HS Code 99035301 is 10%. This means that whenever a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. Therefore, any softwood lumber products falling under this HS code will be subject to a 10% duty rate.
The quantity unit for HS Code 99035301 is not available (NA). This implies that the specific unit of measurement for the softwood lumber products is not specified or standardized. It could vary based on the specific product and its packaging.
There is a special tariff preference program applicable to HS Code 99035301, which offers a duty rate of 10% for Canadian softwood lumber products. This program is known as NAFTA (North American Free Trade Agreement) for Canada and provides duty-free treatment for these products.
NAFTA, which includes Canada, the United States, and Mexico, aims to promote trade and economic cooperation between the member countries. Under NAFTA, Canadian softwood lumber products falling under HS Code 99035301 can be imported into the United States with a reduced duty rate of 10%.
HS Code 99035301 applies to softwood lumber products imported into the United States from the Canadian provinces of Manitoba, Ontario, Quebec, or Saskatchewan. These products can be imported by various states across the United States.
On the exporting side, the specific states in Canada that export softwood lumber products falling under HS Code 99035301 to the United States are Manitoba, Ontario, Quebec, and Saskatchewan.
HS Code 99035301 encompasses Canada softwood lumber products from Manitoba, Ontario, Quebec, or Saskatchewan. This HS code is subject to a bound / MFN duty rate of 10% and falls under the special tariff preference program of NAFTA for Canada, offering duty-free treatment. Importing US states can receive softwood lumber products from these Canadian provinces, contributing to trade between the two countries.