Homogenized or reconstituted tobacco is a specific type of tobacco that is not suitable for use as wrapper tobacco. It is primarily used in the production of cigarettes. This particular type of tobacco is classified under the HS code 24039145. In this article, we will explore various aspects related to this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS code 24039145 is "Homogenized" or "reconstituted" tobacco. This type of tobacco is not suitable for use as wrapper tobacco and is specifically intended for use in the manufacturing of cigarettes. It is important to note that this product is classified under additional US note 5 to chapter XXIV.
The bound or most-favored-nation (MFN) duty rate for HS code 24039145 is 19.9 cents per kilogram (kg). The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It is a standard rate that must be applied to the same goods or services from all trading partners of the country.
The quantity unit for HS code 24039145 is kilograms (kg). This means that the measurement and pricing of the product are based on weight in kilograms.
HS code 24039145 is eligible for various special tariff preference programs. These programs provide certain countries or regions with preferential treatment in terms of duty-free or reduced-duty importation. The following special tariff preference programs apply to this HS code:
When it comes to importing HS code 24039145, the data shows that the primary importing state is Florida, followed by Montana. On the other hand, the primary exporting states are North Carolina, Virginia, Montana, and Ohio.
HS code 24039145 represents "Homogenized" or "reconstituted" tobacco that is used in the production of cigarettes. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is crucial for importers, exporters, and policymakers involved in the tobacco industry.