HS Code 4202.92.20.00
Official Classification
Other (870)
🤖 AI Analysis
HS Code 4202.92.20.00 pertains to specific types of bags, wallets, and similar accessories made of materials such as leather or textile, which do not fall under other more specific categories. This classification typically includes items like small handbags, pouches, and coin cases that are designed to carry personal belongings. Industries such as fashion, retail, and travel frequently utilize these products, catering to consumer needs for convenience and style. Importers should be aware that this category is subject to a general duty rate of 5.7%, which can impact overall costs and pricing strategies. Proper classification under this HS code is essential for compliance and to avoid potential penalties, while also ensuring accurate calculation of duties upon importation.
Frequently Asked Questions
How much is the duty for HS Code 4202.92.20.00?
The standard general duty rate for importing goods under HS Code 4202.92.20.00 into the US is 5.7000% based on the current Harmonized Tariff Schedule.
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