Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 28432100: A Comprehensive Guide to Silver Nitrate

Silver nitrate is a chemical compound with the HS Code 28432100. This article aims to provide an extensive overview of this product, including its description, duty rates, quantity unit, special tariff preference programs, and information about importing and exporting to and from the United States.

Product Description: Silver Nitrate

Silver nitrate is a versatile chemical compound widely used in various industries and applications. It is an inorganic compound with the chemical formula AgNO3. This compound appears as a white crystalline solid and is highly soluble in water.

Silver nitrate has numerous applications, including:

• Photography: It is used in the production of photographic films and papers, playing a crucial role in capturing and developing images.
• Medicine: Silver nitrate is utilized in various medical procedures, such as cauterizing wounds, treating eye infections, and as an antiseptic.
• Chemical Reagent: It acts as an important reagent in various chemical reactions and synthesis processes.
• Electronics: Silver nitrate is used in the manufacturing of electronic components, such as capacitors and conductive inks.
• Art and Stained Glass: It finds application in art and stained glass production, where it can create unique and striking effects.

HS Code 28432100: Duty Rates and Special Tariff Preference Programs

The HS Code 28432100 is assigned to silver nitrate. Understanding the duty rates and special tariff preference programs associated with this HS code is crucial for importers and exporters.

The bound/MFN (most-favored-nation) duty rate for silver nitrate is 3.7%. This rate applies every time a country lowers a trade barrier or opens up a market, ensuring consistency in trade regulations for the same goods or services from all trading partners.

However, there are several special tariff preference programs available for silver nitrate, offering duty-free treatment or reduced duty rates for specific countries. These programs include:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible developing countries.
• Australia Special Rate: Offers special duty rates for imports from Australia.
• Bahrain Special Rate: Provides reduced duty rates for imports from Bahrain.
• NAFTA for Canada: Grants duty-free treatment for imports from Canada under the North American Free Trade Agreement.
• Chile Special Rate: Offers special duty rates for imports from Chile.
• Caribbean Basin Initiative (CBI): Provides duty-free treatment for eligible countries in the Caribbean region.
• Israel Special Rate: Grants duty-free treatment for imports from Israel.
• Andean Trade Preference Act (ATPA): Offers duty-free treatment for imports from eligible Andean countries.
• Jordan Special Rate: Provides reduced duty rates for imports from Jordan.
• Morocco Special Rate: Offers special duty rates for imports from Morocco.
• NAFTA for Mexico: Grants duty-free treatment for imports from Mexico under the North American Free Trade Agreement.
• Oman Special Rate: Provides reduced duty rates for imports from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Offers special duty rates for imports from eligible Central American countries and the Dominican Republic.
• Peru Special Rate: Grants special duty rates for imports from Peru.
• Singapore Special Rate: Provides reduced duty rates for imports from Singapore.

Quantity Unit: Kilograms (KG)

The quantity unit for silver nitrate is kilograms (KG). This unit is commonly used to measure the weight or mass of the product during import and export transactions.

Importing and Exporting Silver Nitrate to and from the United States

When importing silver nitrate into the United States, it is essential to comply with customs regulations and procedures. Importers should correctly classify the product under the HS Code 28432100 and ensure accurate documentation, including invoices and shipping details.

For exporters shipping silver nitrate from the United States to other countries, similar procedures and documentation requirements apply. Proper classification, adherence to trade agreements, and knowledge of destination country regulations are crucial for successful export transactions.

It is important to note that the information provided in this article is subject to change. Importers and exporters should consult the official customs authorities and trade agreements for the most up-to-date and accurate information regarding HS Code 28432100 and its associated regulations.

silver nitrate, classified under HS Code 28432100, is a versatile chemical compound with various applications. Understanding its product description, duty rates, special tariff preference programs, and importing/exporting procedures is vital for businesses involved in international trade.