The HS Code 28332700 refers to the product Barium Sulfate. This code is used to classify and identify specific goods for international trade. It is an important code that helps regulate trade and ensures consistency in customs procedures across different countries.
Barium sulfate is a white crystalline solid that is commonly used in various industries such as oil and gas, paints and coatings, plastics, and pharmaceuticals. It has a wide range of applications due to its unique properties, including high density, chemical inertness, and radiopacity.
When importing or exporting goods with HS Code 28332700, it is essential to understand the associated duty rates and tariff preference programs. The bound or Most Favored Nation (MFN) duty rate for this code is 0.6%. 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 quantity unit for Barium Sulfate is kilograms (KG). This unit of measurement is universally recognized and used in international trade to determine the quantity of goods being imported or exported.
There are several special tariff preference programs available for products classified under HS Code 28332700. These programs provide specific benefits and exemptions to certain countries. Some of these programs include:
When importing Barium Sulfate into the United States, the state of Alaska is listed as one of the importing states. This information can be useful for businesses and individuals involved in the import and distribution of this product.
It is important for importers and exporters to familiarize themselves with the HS Code 28332700 and its associated regulations. By understanding the code and its implications, businesses can ensure compliance with customs procedures, take advantage of tariff preference programs, and effectively trade this particular product globally.