The HS Code 28469020 refers to mixtures of rare-earth oxides or rare-earth chlorides. This code is used to classify and categorize these specific products for international trade purposes. In this article, we will explore the details and implications of this HS code, along with additional relevant information.
Bound / MFN Duty Rate: Free
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. This means that the bound or most-favored-nation (MFN) duty rate for products classified under HS Code 28469020 is free. This encourages the free flow of trade and supports international commerce.
Quantity Unit: Kilograms (KG)
The quantity unit for products classified under HS Code 28469020 is kilograms (KG). This measurement is used to determine the weight or quantity of the rare-earth oxide or rare-earth chloride mixtures being imported or exported.
Special Tariff Preference Programs: Free
There are several special tariff preference programs that offer duty-free treatment for products classified under HS Code 28469020. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by eliminating or reducing import duties on specific goods, including mixtures of rare-earth oxides or rare-earth chlorides.
Importing US States and Exporting US States
Products classified under HS Code 28469020 can be imported into and exported from various US states. The specific states involved in the import and export of these products may vary depending on market demand, manufacturing capabilities, and trade agreements. It is important for businesses and individuals involved in the trade of mixtures of rare-earth oxides or rare-earth chlorides to stay informed about the importing and exporting states to effectively engage in international commerce.
HS Code 28469020 is used to classify mixtures of rare-earth oxides or rare-earth chlorides for international trade purposes. The code indicates that these products have a bound or MFN duty rate of free, encouraging trade and market openness. The quantity unit for these products is kilograms (KG), and there are several special tariff preference programs that offer duty-free treatment for imports and exports of these products. It is important for businesses and individuals involved in this trade to stay updated on the importing and exporting states to effectively participate in international commerce.