When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products for import and export purposes. In this article, we will delve into the details of HS Code 28170000, which covers zinc oxide and zinc peroxide. We will explore the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states.
HS Code 28170000 encompasses zinc oxide and zinc peroxide. Zinc oxide is a white, powdery substance that is widely used in various industries, including rubber, ceramics, cosmetics, pharmaceuticals, and more. It is known for its properties such as UV protection, anti-bacterial effects, and its ability to provide color to various materials.
Zinc peroxide, on the other hand, is a compound that is commonly used as a bleaching agent and as an additive in various industries. It is known for its oxidizing properties and is used in the production of detergents, paper, textiles, and other applications.
The bound or most-favored-nation (MFN) duty rate for HS Code 28170000 is free. This means that no duty is levied on the import or export of zinc oxide and zinc peroxide. It is important to note that the bound duty rate remains the same regardless of the country of origin or destination.
This commitment to free trade is a significant aspect of international trade agreements, ensuring that all trading partners are treated equally when it comes to lowering trade barriers and opening up markets.
The unit of measurement for the quantity of zinc oxide and zinc peroxide traded under HS Code 28170000 is kilograms (KG). This standard unit allows for uniformity and ease of measurement in international trade transactions.
Under HS Code 28170000, several countries enjoy special tariff preference programs, granting them preferential treatment when it comes to importing or exporting zinc oxide and zinc peroxide. These programs include:
These special tariff preference programs aim to promote trade and strengthen economic ties between countries. They provide opportunities for duty-free or reduced-duty trade, facilitating the flow of zinc oxide and zinc peroxide across borders.
HS Code 28170000 is relevant for the import of zinc oxide and zinc peroxide into specific US states. These states include:
Importers in these states can benefit from the free trade agreements and special tariff preference programs associated with HS Code 28170000 when importing zinc oxide and zinc peroxide.
While HS Code 28170000 primarily focuses on the import of zinc oxide and zinc peroxide, it is also essential to consider the exporting US states. In the case of HS Code 28170000, the primary exporting state is Louisiana.
Exporters based in Louisiana can take advantage of the favorable trade conditions and market opportunities when trading zinc oxide and zinc peroxide under HS Code 28170000.
HS Code 28170000 covers zinc oxide and zinc peroxide, two essential substances with various applications. This code facilitates international trade by providing a standardized classification system and outlining duty rates, special tariff preference programs, and the states involved in importing and exporting these products. Understanding the details of HS Code 28170000 is crucial for businesses engaged in the trade of zinc oxide and zinc peroxide.