Pitch, obtained from coal tar or other mineral tars, is a product that falls under the HS Code 27081000. This code is used to classify and identify specific goods in international trade. Understanding the HS Code and its associated product description is essential for businesses and governments involved in import and export activities.
Pitch is a dark, thick, and viscous substance that is derived from the distillation of coal tar or other mineral tars. It is commonly used in various industries, including the production of aluminum, steel, and carbon electrodes. The HS Code 27081000 specifically refers to pitch obtained from coal tar or other mineral tars.
When it comes to trade, countries often impose duties or tariffs on imported goods. However, the MFN (Most-Favored Nation) principle states that every time 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. In the case of HS Code 27081000, the bound or MFN duty rate is free. This means that countries applying this HS Code can import pitch without paying any duties.
The quantity unit for pitch, as specified by the HS Code 27081000, is kilograms (KG). This unit helps in accurately measuring and tracking the amount of pitch being imported or exported.
There are also special tariff preference programs that apply to HS Code 27081000. These programs provide specific countries with preferential treatment or exemptions from duties. The following countries benefit from these special tariff preference programs for pitch:
When importing pitch into the United States, the following states are commonly involved:
On the other hand, the following states are known for exporting pitch from the United States:
Understanding the HS Code 27081000 and its associated information is crucial for businesses, customs authorities, and trade organizations involved in the import and export of pitch. It helps in proper classification, documentation, and compliance with trade regulations and requirements.