The Harmonized System (HS) code for Durex condoms, specifically falling under the category of sheath contraceptives, is 40141010. This precise numerical classification is essential for global trade, customs clearance, and market analysis.
Understanding the HS Code for Durex Condoms
The Harmonized System (HS) is an internationally standardized system of names and numbers for classifying traded products. Developed and maintained by the World Customs Organization (WCO), it is used by customs authorities worldwide to identify products for the assessment of duties and taxes, and for statistical purposes.
For Durex condoms, the HS code 40141010 breaks down as follows:
- Chapter 40: Rubber and articles thereof. This broad category encompasses various products made from rubber.
- Heading 4014: Hygienic or pharmaceutical articles (including teats), of vulcanized rubber other than hard rubber. This narrows down the category to rubber products used for health or hygiene.
- Subheading 401410: Sheath contraceptives (condoms). This specifically identifies the product as condoms.
- National Subheading 40141010: This further detailed classification often refers to specific national or regional variations within the HS system, precisely identifying condoms for export or import purposes.
Significance of HS Code 40141010 for Trade
This specific HS code is critical for various aspects of international trade involving Durex condoms:
- Customs Clearance: It ensures proper classification, which determines applicable tariffs, duties, and taxes in both exporting and importing countries.
- Market Analysis: The use of HS code 40141010 for Durex condom export data allows traders and analysts to:
- Track and analyze pricing trends in the global market.
- Monitor the production volumes of condoms.
- Identify leading exporters of these products, particularly in regions like India.
- Understand supply and demand dynamics, aiding strategic business decisions.
- Trade Statistics: Governments and trade organizations use these codes to collect and publish data on the global movement of goods, providing insights into trade flows and economic trends.
- Regulatory Compliance: It helps ensure that products meet specific import/export regulations, health standards, and safety requirements of different countries.
Key Details for Durex Condoms
| Product Category | Specific Product | HS Code | Description (Harmonized System) |
|---|---|---|---|
| Hygienic Articles | Durex Condoms | 40141010 | Sheath contraceptives (condoms) of vulcanized rubber |
Understanding and correctly applying the HS code for products like Durex condoms is fundamental for seamless international logistics and informed business operations. Businesses rely on this classification to comply with international trade laws and gain competitive insights into global markets. For more general information about the Harmonized System, you can refer to resources from the World Customs Organization.
