When it comes to international trade, it is crucial to have a standardized system of product classification. This is where the Harmonized System (HS) Code comes into play. The HS Code 28291901 specifically refers to other chlorates and perchlorates, excluding sodium. In this article, we will delve deeper into the details of this HS Code and explore its implications in international trade.
The HS Code 28291901 encompasses various chlorates and perchlorates, with the exception of sodium. Chlorates and perchlorates are chemical compounds that are widely used in different industries. They have applications in the manufacturing of fireworks, explosives, matches, and disinfectants, among others.
The bound / MFN (Most Favored Nation) duty rate for HS Code 28291901 is 3.3%. 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 serves as a measure to protect domestic industries and regulate international trade.
The quantity unit for HS Code 28291901 is kilograms (KG). This unit of measurement helps in determining the volume or weight of the chlorates and perchlorates being imported or exported.
Several special tariff preference programs apply to HS Code 28291901. These programs provide benefits and exemptions to certain countries when trading this particular product. Some of the programs and countries associated with this HS Code are:
These special tariff preference programs aim to promote trade, encourage economic growth, and strengthen diplomatic relations between countries.
While specific data about exporting US states is not available for HS Code 28291901, it is worth mentioning that the state of Maine is known for its importation of chlorates and perchlorates. The availability of these chemicals in Maine suggests their usage in various industries within the state.
the HS Code 28291901 plays a crucial role in international trade by providing a standardized classification for other chlorates and perchlorates, excluding sodium. Understanding this HS Code helps facilitate trade negotiations, determine duty rates, and identify relevant tariff preference programs. Whether you are involved in the import or export of these chemicals, being well-versed in the details of HS Code 28291901 is essential for successful international trade.