HS Code 4001.21.00.10
Official Classification
Grade 1
🤖 AI Analysis
HS Code 4001.21.00.10 classifies natural rubber in its raw form, specifically Grade 1, which is a high-quality product used primarily in the manufacturing of tires, industrial rubber goods, and various consumer products. This classification falls under Chapter 40, which encompasses rubber and articles thereof. Industries such as automotive, construction, and consumer goods rely heavily on this grade of rubber due to its superior elasticity and durability. The general duty rate for imports under this classification varies, which means that importers should closely monitor current tariff rates and potential trade agreements that could affect costs. Understanding these implications is crucial for businesses to accurately assess landed costs and maintain competitive pricing in their respective markets.
Frequently Asked Questions
How much is the duty for HS Code 4001.21.00.10?
The standard general duty rate for importing goods under HS Code 4001.21.00.10 into the US is 0% based on the current Harmonized Tariff Schedule.
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