In international trade, accurately identifying a product’s Harmonized System (HS) code and its associated details is critical for importers and exporters. Take the HS code 9617001990 as an example—it classifies "other vacuum flasks" under Chapter 96, which covers miscellaneous manufactured articles.
Clear understanding of a product’s description and corresponding HS code helps prevent misunderstandings and disputes during trade transactions. However, the information for 9617001990 was last updated on December 30, 2018, making it essential to verify the latest tariff rates and regulatory conditions.
Exporters and importers must carefully review applicable duty rates, including export tariffs, value-added taxes, and import levies. Notably, 9617001990 benefits from a Most-Favored-Nation (MFN) tariff rate of 0%, offering a competitive advantage in global markets. Furthermore, under free trade agreements with ASEAN, Chile, New Zealand, and other regions, this product enjoys duty-free treatment, reflecting favorable market access conditions.
In terms of regulatory compliance, 9617001990 faces no special inspection or quarantine requirements, reducing clearance costs and simplifying cross-border transactions. This streamlined process enables businesses to optimize their market-entry strategies and capitalize on emerging opportunities.
As globalization continues to deepen, mastering such granular trade details provides a competitive edge. Whether expanding into new markets or forging partnerships, a firm grasp of HS code classifications remains an indispensable asset for trade professionals.