Tobacco refuse, classified under HS Code 24013025, refers to the byproducts of tobacco production that do not meet the standards for use in cigarettes. This includes tobacco stems, as well as tobacco that has been cut, ground, or pulverized. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 24013025 is "Tobacco refuse, from other tobacco, other than for cigarettes, tobacco stems, cut, ground or pulverized." This means that it encompasses various forms of tobacco waste that are not suitable for use in cigarette manufacturing.
The bound/MFN (Most Favored Nation) duty rate for HS Code 24013025 is 97 cents per kilogram (KG). The bound duty rate is the maximum tariff rate that a country can impose on a particular product. It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for all trading partners.
The quantity unit for HS Code 24013025 is kilograms (KG). This means that the measurement and pricing of this product are based on its weight in kilograms.
HS Code 24013025 is eligible for various special tariff preference programs that provide reduced or duty-free treatment for imports. These programs aim to promote trade and economic development. The following are the special tariff preference programs applicable to this HS code:
When it comes to HS Code 24013025, some of the major importing and exporting US states include North Carolina and Virginia. These states have a significant tobacco industry, and therefore, they play a crucial role in the import and export of tobacco refuse.
HS Code 24013025 covers tobacco refuse from other tobacco, excluding cigarettes, as well as tobacco stems that are cut, ground, or pulverized. It has a bound duty rate of 97 cents/kg and is measured in kilograms (KG). Additionally, there are several special tariff preference programs applicable to this HS code, providing duty-free or reduced duty treatment for eligible imports. Understanding the details of HS Code 24013025 is essential for importers, exporters, and industry professionals involved in the tobacco trade.