The HS Code 28254000 refers to the product description of Nickel Oxides and Hydroxides. This code is used to classify and identify these specific materials for international trade purposes. Understanding the HS code and its associated information is essential for importers, exporters, and customs officials to ensure accurate classification and appropriate duty rates.
Nickel oxides and hydroxides are compounds of nickel that have various applications in industries such as electronics, ceramics, catalysts, and batteries. These materials are commonly used in the production of rechargeable batteries, electroplating, and as catalysts in chemical reactions.
The bound / MFN duty rate for HS Code 28254000 is free. This means that countries must lower their trade barriers or open up their markets for the same goods or services from all their trading partners. The free duty rate encourages international trade and ensures fair competition among countries.
The quantity unit for HS Code 28254000 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of nickel oxides and hydroxides being imported or exported.
HS Code 28254000 is eligible for various special tariff preference programs. These programs provide specific rates or exemptions from duties for importing or exporting countries. The following special tariff preference programs apply to Nickel Oxides and Hydroxides:
These special tariff preference programs aim to promote trade between countries and provide economic benefits to the parties involved. Importers and exporters should be aware of these programs to take advantage of the reduced duty rates or exemptions.
For HS Code 28254000, the following US states are involved in importing and exporting:
These states play a significant role in the trade of Nickel Oxides and Hydroxides, either as importers or exporters. Understanding the locations involved in the trade can help businesses in planning logistics and supply chain management efficiently.
HS Code 28254000 represents Nickel Oxides and Hydroxides in international trade. This code is essential for accurate classification, determining duty rates, and accessing special tariff preference programs. Importers, exporters, and customs officials should be familiar with the HS code and its associated information to facilitate smooth trade operations.