If you are involved in international trade or planning to venture into it, understanding the Harmonized System (HS) codes is essential. These codes are used to classify products for customs purposes and facilitate international trade. In this article, we will explore the HS Code 24039143, which refers to "Homogenized" or "reconstituted" tobacco, not suitable for use as wrapper tobacco, to be used in products other than cigarettes.
HS Code: 24039143
The product described under this HS code is "homogenized" or "reconstituted" tobacco. It is important to note that this tobacco is not suitable for use as wrapper tobacco and is intended for use in products other than cigarettes. This could include various tobacco-related products such as cigars, pipe tobacco, and smokeless tobacco products.
The bound / MFN duty rate for HS Code 24039143 is 19.9 cents/kg. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate applies to the importation of this specific type of tobacco.
The quantity unit for HS Code 24039143 is kilograms (KG). This unit of measurement is used to quantify the amount of homogenized or reconstituted tobacco being imported or exported.
Several special tariff preference programs apply to the importation of products classified under HS Code 24039143. These programs offer reduced or duty-free treatment based on specific eligibility criteria. The programs applicable to this HS code are as follows:
These special tariff preference programs aim to promote trade and economic development between countries by providing favorable treatment to certain products.
When it comes to importing homogenized or reconstituted tobacco classified under HS Code 24039143, the data indicates that the main importing state in the United States is Florida. This information suggests that Florida receives the largest volume of imports for this specific product.
On the other hand, the exporting states within the United States vary, with North Carolina, Virginia, Montana, and Ohio being involved in the exportation of this tobacco. These states likely have production or processing facilities for homogenized or reconstituted tobacco, contributing to their export capacity.
HS Code 24039143 represents "homogenized" or "reconstituted" tobacco, not suitable for use as wrapper tobacco, to be used in products other than cigarettes. This code is essential for customs classification and facilitates international trade. Understanding the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states associated with this HS code is crucial for businesses and individuals involved in the tobacco trade.
By familiarizing yourself with the details surrounding HS Code 24039143, you can navigate the complexities of international trade more effectively and ensure compliance with customs regulations.