The HS Code 28042900 refers to rare gases, specifically those other than argon. In this article, we will explore the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states related to this HS code.
Rare gases are a group of chemical elements that are characterized by their low abundance in the Earth's atmosphere. The HS Code 28042900 specifically excludes argon, which falls under a different HS code. Rare gases, such as helium, neon, krypton, and xenon, have various applications in industries such as lighting, cryogenics, and electronics.
The bound or MFN (Most Favored Nation) duty rate for HS Code 28042900 is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate ensures fair trade practices and equal treatment for all trading partners.
The quantity unit for HS Code 28042900 is kilograms per cubic meter (KM3). This unit of measurement indicates the density of the rare gases being imported or exported. It helps in accurately measuring and calculating the quantity of rare gases involved in international trade transactions.
Various special tariff preference programs are available for HS Code 28042900. These programs offer preferential treatment in terms of reduced or duty-free rates for certain countries. Here are some of the special tariff preference programs applicable:
When it comes to importing HS Code 28042900 to the United States, the following states are involved:
For exporting HS Code 28042900 from the United States, the following states are involved:
HS Code 28042900 pertains to rare gases other than argon. These gases have diverse applications in various industries. The duty rate, quantity unit, special tariff preference programs, and the involvement of specific US states in importing and exporting rare gases provide a comprehensive understanding of this HS code.