Part #: 8503009100
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8503009100 Product Specifications
General Information: The 8503009100 is a specialized product designed for specific applications in the realm of international trade. This product is crucial for customs classification and tariff determination purposes, ensuring compliance with trade regulations and facilitating smooth cross-border transactions.
Specifications
- Classification: Categorized under the Harmonized System (HS) code 8503009100, this product falls under a specific tariff classification for international trade purposes, aiding in the identification and taxation of goods.
- Description: The product description associated with 8503009100 provides essential details about the nature, composition, and intended use of the item, assisting customs authorities and traders in accurately assessing its classification.
- Importance: The correct classification of products under codes like 8503009100 is vital for determining applicable duties, taxes, and trade restrictions, impacting the cost and feasibility of international trade transactions.
Applications
- Customs Clearance: Essential for customs clearance processes, the 8503009100 code streamlines the assessment of duties and taxes on imported goods, ensuring compliance with international trade regulations.
- Trade Documentation: The inclusion of the 8503009100 code in trade documentation simplifies the communication of product details between trading partners and regulatory authorities, facilitating efficient trade operations.
Compliance
Trade Regulations: Products classified under 8503009100 adhere to specific trade regulations and standards, ensuring consistency in customs procedures and promoting transparency in international trade.
Identification
The code 8503009100 serves as a unique identifier for the product, enabling accurate classification, documentation, and taxation of goods in international trade, contributing to the smooth flow of goods across borders.
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