Tobacco refuse, originating from oriental or Turkish type tobacco, refers to tobacco stems that have been cut, ground, or pulverized. This specific type of tobacco is categorized under HS Code 24013016.
When it comes to international trade, countries have the authority to impose trade barriers or open up their markets. However, when a country decides to lower a trade barrier or open up a market, it must apply the same rules to all its trading partners. This principle is known as the Most Favored Nation (MFN) duty rate, which ensures equal treatment for all countries involved in trade.
The MFN duty rate for HS Code 24013016 is currently set at free. This means that countries must eliminate any import duties or taxes imposed on this specific product when trading with other nations.
The unit of measurement for HS Code 24013016 is kilograms (KG). This unit is used to quantify the quantity of tobacco refuse being imported or exported.
In addition to the MFN duty rate, there are also special tariff preference programs available for HS Code 24013016. These programs offer specific countries preferential treatment when it comes to importing or exporting this product.
For Canada, Israel, and Mexico, the tariff preference program is free. This means that these countries can import or export tobacco refuse under HS Code 24013016 without paying any import duties or taxes.
For Australia, Bahrain, Chile, Morocco, and Oman, specific tariff rates apply. The details of these rates can be found under the respective HS codes mentioned in the data provided.
For the Dominican Republic-Central American Special Rate (DR-CAFTA), the tariff rate is set at 233.30%. This means that countries participating in the DR-CAFTA agreement can import or export tobacco refuse under HS Code 24013016, but they will be subject to a 233.30% tariff.
Peru has its own special rate for HS Code 24013016, which is set at 303.3%. This rate applies to countries trading with Peru and importing or exporting tobacco refuse.
Lastly, Singapore has its own special rate for HS Code 24013016, but the details of this rate are not provided in the given data.
When it comes to importing tobacco refuse under HS Code 24013016, the top two exporting US states are North Carolina and Virginia. These states have a significant presence in the tobacco industry, making them major contributors to the export of tobacco refuse.
HS Code 24013016 represents tobacco refuse from oriental or Turkish type tobacco, which has been cut, ground, or pulverized. This product is subject to the MFN duty rate of free, ensuring equal treatment for all trading partners. Additionally, there are special tariff preference programs available for specific countries, offering preferential treatment or imposing specific tariff rates. Importing US states for this product include North Carolina and Virginia.