Light oil produced from the distillation of high-temperature coal tar, where the weight of aromatic compounds exceeds that of non-aromatic compounds, falls under the HS Code 27079910. This code is used to classify and identify this specific type of oil for international trade purposes.
When it comes to trade barriers, countries often have to make adjustments to foster fair trade practices. The MFN (Most Favored Nation) duty rate for HS Code 27079910 is free, which means that whenever a country reduces a trade barrier or opens up its market, it must do so for all its trading partners. This ensures equal treatment and opportunities for all countries involved in international trade.
The quantity unit for measuring light oil under HS Code 27079910 is liters (L). This is the standard unit for measuring liquid volumes in international trade.
There are also special tariff preference programs that may be applicable to the import and export of light oil under this HS Code. These programs are designed to promote economic cooperation and development between specific countries or regions. However, further information is needed to determine if any specific programs apply to HS Code 27079910.
When it comes to importing light oil under HS Code 27079910, the following US states have been identified:
These states have been identified based on their involvement in the importation of light oil under this specific HS Code. It is important to note that this list may not be exhaustive, and other states may also engage in this trade.
On the other hand, the following US states are involved in the exportation of light oil classified under HS Code 27079910:
These states are actively involved in exporting light oil under this HS Code. Again, it is important to note that this list may not be exhaustive, and other states may also engage in this trade.
HS Code 27079910 plays a crucial role in classifying and regulating the international trade of light oil produced from the distillation of high-temperature coal tar. Understanding this code and its implications is essential for importers, exporters, and those involved in international trade.