The HS Code 27139000 refers to residues, excluding petroleum coke or petroleum bitumen, that are derived from petroleum oils or oils obtained from bituminous materials. This code is used to classify and regulate the import and export of these specific residues.
The product description for HS Code 27139000 includes residues that are left over after the refining process of petroleum oils or oils obtained from bituminous materials. It specifically excludes petroleum coke or petroleum bitumen. These residues can be in various forms, such as solid or semi-solid materials.
The bound / MFN (Most Favored Nation) duty rate for HS Code 27139000 is free. This means that countries do not impose any import duties or tariffs on these residues when they are imported. The purpose of the MFN principle is to ensure that any trade barrier reduction or market opening is applied equally to all trading partners.
The quantity unit for HS Code 27139000 is metric tons (T). This indicates that the measurement and trade of these residues are typically done in metric tons.
There is no specific mention of any special tariff preference programs associated with HS Code 27139000. However, countries may have their own individual trade agreements or preferential programs that could impact the import or export of these residues.
The above lists represent the importing and exporting US states associated with HS Code 27139000. These states engage in the trade of these petroleum oil or bituminous material residues.
It is important for importers and exporters to comply with the regulations and requirements related to HS Code 27139000 when engaging in the trade of these residues. Understanding the product description, duty rates, quantity unit, and any special tariff preference programs can help facilitate smooth trade operations.