HS Code 25151220 refers to a specific product category in international trade, namely, Travertine blocks or slabs of a rectangular shape. 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. We will also highlight the importing and exporting US states associated with this HS code.
Travertine, as defined by HS Code 25151220, refers to a type of natural stone that is commonly used in construction and interior design. It is a sedimentary rock formed by the precipitation of calcium carbonate from mineral-rich water sources, such as hot springs or limestone caves.
The product covered under this HS code is specifically limited to Travertine that has been cut into blocks or slabs of a rectangular shape. This includes both square and non-square rectangular shapes. The cutting process helps to enhance the usability of Travertine in various applications, such as flooring, wall cladding, countertops, and decorative elements.
The bound or Most Favored Nation (MFN) duty rate for HS Code 25151220 is 3%. The MFN duty rate is the standard rate applied to imports from all trading partners, regardless of any preferential trade agreements or special tariff programs.
It is important to note that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This principle of non-discrimination ensures fair trade practices and equal treatment for all countries involved.
The quantity unit for HS Code 25151220 is metric tons (T). This unit of measurement is commonly used in international trade to quantify the weight or volume of goods being imported or exported. It provides a standardized approach for calculating and comparing quantities across different countries and markets.
Travertine blocks or slabs classified under HS Code 25151220 may be eligible for special tariff preference programs in certain countries. These programs provide trade benefits, such as reduced or eliminated duty rates, to promote economic cooperation and facilitate international commerce.
The following special tariff preference programs apply to HS Code 25151220:
For HS Code 25151220, the importing US state associated with this product is Louisiana. This means that Louisiana is a significant destination for the import of Travertine blocks or slabs classified under this HS code.
On the other hand, the exporting US states associated with HS Code 25151220 include:
These states are actively involved in exporting Travertine blocks or slabs to international markets.
HS Code 25151220 represents Travertine blocks or slabs of a rectangular shape in international trade. Understanding the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs, is essential for importers, exporters, and trade professionals. By staying informed about HS codes, businesses can navigate the complexities of international trade and leverage opportunities for growth and success.