Chlorosulfuric acid, classified under HS Code 28062000, is a chemical compound used in various industrial applications. In this article, we will delve into the details of this product, its properties, and its trade dynamics.
Chlorosulfuric acid is a strong acid with the chemical formula HSO3Cl. It is a colorless to yellowish liquid that has a pungent odor. This compound is highly reactive and corrosive, making it suitable for specific industrial purposes.
HS Code 28062000 is the Harmonized System code used to classify chlorosulfuric acid in international trade. The HS code is a standardized system developed by the World Customs Organization (WCO) to harmonize the classification of goods for customs purposes.
By assigning a unique HS code to each product, it becomes easier for customs authorities and traders to identify and classify goods during import and export processes. The HS code 28062000 specifically pertains to chlorosulfuric acid.
The bound or most-favored-nation (MFN) duty rate for chlorosulfuric acid is 4.2%. This duty rate applies whenever a country lowers a trade barrier or opens up a market, and it must be applied consistently to the same goods or services from all trading partners.
Trade barriers, such as tariffs, are implemented to protect domestic industries or regulate imports. The MFN principle ensures that any tariff reductions or market openings are extended to all trading partners on an equal basis.
The unit of measurement for chlorosulfuric acid in trade is kilograms (KG). This standardized unit allows for accurate measurement and comparison of quantities during import and export processes.
Chlorosulfuric acid enjoys special tariff preference programs in various countries. These programs provide preferential treatment, often in the form of duty-free or reduced-duty access, to promote trade and economic cooperation.
For HS Code 28062000, the following countries offer special tariff preference programs:
These special tariff preference programs aim to foster economic partnerships and incentivize trade between countries.
Chlorosulfuric acid is imported and exported by various states within the United States. The specific states engaged in the trade of this product may vary depending on market demand and industrial needs.
When importing chlorosulfuric acid into the United States, it is crucial to comply with applicable regulations, including customs requirements and safety standards. Similarly, exporters should ensure adherence to regulations in the destination country.
HS Code 28062000 encompasses chlorosulfuric acid, a versatile chemical compound used in numerous industrial applications. Understanding the HS code, bound duty rates, and special tariff preference programs associated with this product is essential for importers, exporters, and customs authorities.
By promoting trade facilitation and providing valuable information, the HS code system plays a crucial role in international commerce. Chlorosulfuric acid, classified under HS Code 28062000, continues to contribute to various industries worldwide.