HS Code 28046950: Silicon with Less Than 99% Silicon Content
Silicon is a chemical element widely used in various industries due to its unique properties. HS Code 28046950 specifically refers to silicon products containing less than 99 percent silicon by weight. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. Additionally, we will discuss the importing and exporting US states for this particular product.
Product Description:
HS Code 28046950 covers silicon products that have a silicon content of less than 99 percent by weight. This classification is important for trade purposes as it helps identify and categorize the specific type of silicon being imported or exported. Silicon is a crucial component in various industries, including electronics, construction, automotive, and solar energy.
Bound / MFN Duty Rate:
The bound / MFN (Most Favored Nation) duty rate for HS Code 28046950 is 5.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 5.5% for all goods or services falling under this HS code. The duty rate is typically imposed on the declared customs value of the imported or exported silicon products.
Quantity Unit:
The quantity unit for HS Code 28046950 is kilograms (KG). This unit of measurement helps standardize the quantity of silicon being traded internationally. By using kilograms, it becomes easier for importers, exporters, and customs authorities to accurately determine the weight of the silicon products involved in a trade transaction.
Special Tariff Preference Programs:
HS Code 28046950 is eligible for several special tariff preference programs. These programs provide certain countries or regions with preferential treatment, including duty-free or reduced-duty access to the respective markets. The following programs apply to imports falling under this HS code:
- Free: Imports from least-developed beneficiary developing countries eligible for GSP under that subheading receive duty-free treatment.
- Australia Special Rate
- Bahrain Special Rate
- NAFTA for Canada: Duty-free treatment
- Chile Special Rate
- Caribbean Basin Initiative (CBI)
- Israel Special Rate: Duty-free treatment
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
- Singapore Special Rate
Importing US States:
The following US states are known for importing silicon products falling under HS Code 28046950:
- Puerto Rico
- Hawaii
- Idaho
- Maine
- Montana
- North Dakota
- Puerto Rico
- South Dakota
- Vermont
- Washington
- Wisconsin
- Virgin Islands
- Wyoming
- Illinois
- Iowa
- Massachusetts
- Minnesota
- Montana
- New York
- Vermont
- Washington
- New Hampshire
- West Virginia
- Maine
- Minnesota
- New Hampshire
- Vermont
Exporting US States:
On the other hand, the following US states are known for exporting silicon products falling under HS Code 28046950:
- Louisiana
- Maryland
- Pennsylvania
- Texas
- Washington
- Wyoming
- North Dakota
- Texas
- Washington
- Arizona
- Maine
- Michigan
- Nebraska
- New York
- North Dakota
- Texas
- Delaware
- Louisiana
- Mississippi
- Wyoming
- Louisiana
- Washington
- Wyoming
- Michigan
- Montana
HS Code 28046950 represents silicon products containing less than 99 percent silicon by weight. This HS code is important for trade purposes as it helps categorize and regulate the import and export of silicon. The bound duty rate for this HS code is 5.5%, and the quantity unit is kilograms (KG). Additionally, there are several special tariff preference programs that provide preferential treatment for imports falling under this HS code. Understanding the importing and exporting US states for this product can help identify potential trading partners and market opportunities.
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