The HS Code 28299040 refers to products classified under the category of Perchlorates, Perbromates, Iodates, Periodates, specifically those made of potassium. This code is used for international trade purposes to classify and identify specific goods during import and export transactions.
Perchlorates, perbromates, iodates, and periodates are chemical compounds that contain different combinations of oxygen and halogens such as chlorine, bromine, iodine, and periodic acid. These compounds are commonly used in various industries for a wide range of applications.
The HS Code 28299040 covers products that fall under the category of Perchlorates, Perbromates, Iodates, Periodates, made specifically from potassium. Potassium-based compounds are widely used in the manufacturing of fireworks, explosives, matches, and other pyrotechnic devices. They are also utilized in the production of certain pharmaceuticals, laboratory reagents, and oxidation reactions in chemical synthesis.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 28299040 is 3.1%. This duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring that the same goods or services receive equal treatment from all trading partners. Importers and exporters need to consider this duty rate when engaging in international trade of potassium-based perchlorates, perbromates, iodates, and periodates.
The quantity unit for products classified under HS Code 28299040 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported potassium-based compounds. Importers and exporters should specify the quantity in kilograms when dealing with these products.
Products classified under HS Code 28299040 may be eligible for special tariff preference programs, providing certain countries with preferential treatment or duty-free access. The following countries have special tariff rates or duty-free treatment for these products:
Importers and exporters engaging in trade with these countries should consider the special tariff preference programs available to potentially benefit from reduced or eliminated duties when dealing with potassium-based perchlorates, perbromates, iodates, and periodates.
The specific US state listed for importing products classified under HS Code 28299040 is Maine. Importers based in Maine should be aware of the regulations and requirements for importing potassium-based perchlorates, perbromates, iodates, and periodates.
No specific US state is mentioned for exporting products classified under HS Code 28299040. Exporters from any US state can engage in international trade of potassium-based perchlorates, perbromates, iodates, and periodates, provided they comply with the relevant regulations and requirements.
the HS Code 28299040 represents potassium-based perchlorates, perbromates, iodates, and periodates. Importers and exporters dealing with these products should be familiar with the duty rates, quantity unit, and special tariff preference programs available to them. Understanding the specific regulations and requirements of the importing and exporting countries is crucial to ensure smooth international trade operations.