The HS Code 25221000 refers to a specific product called quicklime. This code is used to classify and identify this particular type of quicklime for international trade purposes. Quicklime is a chemical compound that is used in various industries for its numerous applications. It is distinct from calcium oxide and hydroxide, which are classified under a different HS code (2825).
Quicklime is a highly versatile product that finds extensive use in industries such as construction, agriculture, chemical manufacturing, and environmental remediation. It is produced by heating limestone or calcium carbonate to a high temperature, resulting in the release of carbon dioxide and the formation of calcium oxide or quicklime.
The HS Code 25221000 is important for international trade as it helps customs authorities and businesses in different countries to accurately classify and track the import and export of quicklime. By using this code, countries can ensure that the correct customs duties, taxes, and regulations are applied to the trade of this product.
When importing or exporting quicklime, it is crucial to be aware of the bound or MFN (Most Favored Nation) duty rate. The bound duty rate refers to the maximum tariff rate that a country can impose on the import of a specific product. The MFN duty rate, on the other hand, is the actual tariff rate applied to the import of quicklime in a specific country. It is important to note that the MFN duty rate can be lower than the bound duty rate.
Under special tariff preference programs, certain countries may offer preferential tariff rates or exemptions for the import of quicklime. These programs aim to promote trade between specific countries by reducing or eliminating import duties. Businesses involved in the import and export of quicklime should explore these programs to take advantage of any cost-saving opportunities.
The quantity unit for quicklime under HS Code 25221000 is kilograms (KG). This means that the weight of quicklime being imported or exported is measured in kilograms. It is essential for businesses to accurately report the quantity of quicklime being traded to ensure compliance with customs regulations and to facilitate proper documentation.
When it comes to the United States, the importing and exporting of quicklime under HS Code 25221000 can vary among different states. For example, the state of Montana may have specific regulations or requirements for the import of quicklime, while other states may have different rules. It is essential for businesses to familiarize themselves with the specific regulations of both importing and exporting states to ensure smooth and compliant trade operations.
the HS Code 25221000 is used to classify and identify quicklime (other than calcium oxide and hydroxide) for international trade purposes. Quicklime is a versatile product with various applications in industries such as construction, agriculture, and chemical manufacturing. It is important for businesses involved in the import and export of quicklime to be aware of the bound and MFN duty rates, special tariff preference programs, and the quantity unit of kilograms. Additionally, understanding the regulations of importing and exporting states, such as Montana in the case of the United States, is crucial for successful trade operations.