Degras, classified under HS Code 15220000, refers to residues that are obtained from the treatment of fatty substances or animal and vegetable waxes. These residues are an important component in various industries and have multiple applications.
Residues resulting from the treatment of fatty substances or animal or vegetable waxes fall under the HS Code 15220000. These residues are obtained during the process of extracting desirable components from fatty substances or waxes. While the extraction process is focused on obtaining specific elements, the residues left behind are classified as degras.
Degras can be derived from various sources, including animal fats, vegetable oils, and waxes. These residues are usually solid or semi-solid in nature and have a wide range of properties and characteristics depending on their source. They are further used in different industries due to their unique properties.
Degras find applications in several industries, thanks to their versatile properties. Some of the key areas where degras are used include:
The wide range of applications highlights the significance of degras in various sectors and their contribution to different products we use in our daily lives.
The Bound / MFN (Most Favored Nation) duty rate for HS Code 15220000 is 3.8%. This rate applies every time a country reduces a trade barrier or opens up a market. It ensures that the same duty rate is applied to the goods or services from all trading partners of that country.
This duty rate plays a crucial role in determining the competitiveness of imported degras in the market. A lower duty rate can encourage increased imports, while a higher rate may result in reduced imports and promote domestic production.
The quantity unit for HS Code 15220000 is kilograms (KG). This unit of measurement helps in determining the quantity of degras being imported or exported.
Degras classified under HS Code 15220000 may be eligible for special tariff preference programs, offering specific benefits or exemptions. The following programs provide special rates or duty-free treatment for imports:
These special tariff preference programs aim to promote trade between countries by offering more favorable conditions for imports, depending on the specific program and country involved.
When it comes to importing and exporting degras classified under HS Code 15220000, South Carolina is listed as both an importing and exporting US state. This indicates that South Carolina plays a significant role in the trade of degras within the United States.
As an importing state, South Carolina receives degras from various sources, fulfilling the demand of local industries. As an exporting state, South Carolina has the capability to produce and supply degras to other states or countries where they are required.
HS Code 15220000 encompasses degras, which are residues resulting from the treatment of fatty substances or animal or vegetable waxes. These residues find applications in various industries, such as chemicals, cosmetics, pharmaceuticals, food, and textiles. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with the HS code is essential for businesses and traders involved in the import and export of degras. South Carolina is an important player in the trade of degras within the United States. By exploring opportunities and leveraging special tariff preference programs, businesses can enhance their competitiveness and contribute to the growth of the industry.