Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 27101945: A Comprehensive Guide

The HS Code 27101945 refers to a specific product description - a mixture of hydrocarbons from petro oils and bitumen, with a minimum or preparation of 70% by weight from petroleum oils. This code covers products that do not fall under any other specific HS code, as long as no single hydrocarbon makes up more than 50% of the mixture.

When it comes to international trade, the HS code plays a crucial role in classifying and identifying products for customs and tariff purposes. In this article, we will delve into the details of HS Code 27101945, including its product description, duty rates, quantity unit, special tariff preference programs, and the US states involved in importing and exporting this product.

Product Description

The product covered under HS Code 27101945 is a mixture of hydrocarbons derived from petro oils and bitumen. It must have a minimum of 70% by weight originating from petroleum oils, and no single hydrocarbon should exceed 50% of the mixture. This code is used for products that do not fall under any other specific HS code but still meet the aforementioned criteria.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for HS Code 27101945 is 10.5 cents per barrel (BBL). The MFN duty rate is a standard duty applied to imports from all trading partners, ensuring equal treatment for goods and services. 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.

Quantity Unit

The quantity unit for HS Code 27101945 is barrels (BBL). Barrels are a common unit of measurement used in the petroleum industry to quantify the volume of oil or petroleum products.

Special Tariff Preference Programs

HS Code 27101945 is eligible for various special tariff preference programs, offering specific benefits and duty treatments. Here are some of the programs applicable to this HS code:

• Free (A+, AU, BH, CA, CL, D, IL, J+, JO, MA, MX, OM, P, PE, R, SG): This program grants duty-free treatment for imports from least-developed beneficiary developing countries eligible for the Generalized System of Preferences (GSP) under this subheading.
• Australia Special Rate: Australia offers a special rate for imports falling under this HS code.
• Bahrain Special Rate: Bahrain provides a special rate for imports covered by HS Code 27101945.
• NAFTA for Canada: Imports from Canada under this HS code receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Chile offers a special rate for products classified under this HS code.
• Africa Growth and Opportunity Act (AGOA): Eligible imports from beneficiary countries under AGOA receive duty-free treatment.
• Israel Special Rate: Imports falling under this HS code enjoy duty-free treatment when entering Israel.
• Andean Trade Promotion and Drug Eradication Act (ATPDEA): This program grants duty-free treatment to imports from ATPDEA beneficiary countries.
• Jordan Special Rate: Jordan provides a special rate for imports classified under HS Code 27101945.
• Morocco Special Rate: Morocco offers a special rate for products falling under this HS code.
• NAFTA for Mexico: Imports from Mexico under this HS code receive duty-free treatment under NAFTA.
• Oman Special Rate: Oman provides a special rate for imports covered by HS Code 27101945.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program grants duty-free treatment for imports from DR-CAFTA beneficiary countries.
• Peru Special Rate: Peru offers a special rate for products classified under this HS code.
• Caribbean Basin Trade Partnership Act (CBTPA): Eligible imports from CBTPA beneficiary countries receive duty-free treatment.
• Singapore Special Rate: Singapore provides a special rate for imports falling under HS Code 27101945.

Importing US States

Several US states are involved in importing products classified under HS Code 27101945. These states include:

• Alaska
• California
• Connecticut
• Delaware
• Florida
• Hawaii
• Idaho
• Louisiana
• Maine
• Massachusetts
• Mississippi
• Montana
• New Hampshire
• New Jersey
• New York
• North Dakota
• Puerto Rico
• Texas
• Vermont
• Virgin Islands
• Washington
• Wyoming

Exporting US States

On the other hand, the US states involved in exporting products classified under HS Code 27101945 are:

• Alabama
• Alaska
• California
• Connecticut
• Delaware
• Hawaii
• Louisiana
• Mississippi
• New Jersey
• New York
• Oklahoma
• Pennsylvania
• Puerto Rico
• Texas
• Virgin Islands
• Washington
• West Virginia

Having a clear understanding of HS Code 27101945 is essential for importers, exporters, and customs officials involved in international trade. This comprehensive guide provides valuable information on the product, duty rates, quantity units, special tariff preference programs, and the US states associated with importing and exporting this HS code. Stay informed and ensure compliance with relevant regulations and requirements for a smooth trade experience.