The HS Code 31054000 refers to Ammonium dihydrogenorthophosphate (Monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (Diammonium phosphate). This article provides an extensive overview of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. Additionally, it highlights the importing and exporting US states associated with this HS code.
Ammonium dihydrogenorthophosphate, commonly known as Monoammonium phosphate, is a chemical compound that consists of ammonium and phosphate ions. It is often used as a fertilizer due to its high phosphorus content, which promotes plant growth. The mixture of monoammonium phosphate with diammonium hydrogenorthophosphate, known as diammonium phosphate, provides a balanced ratio of nitrogen and phosphorus for agricultural applications.
The bound or Most-Favored-Nation (MFN) duty rate for HS Code 31054000 is free. This means that whenever a country reduces a trade barrier or opens up a market, it must apply the same duty-free treatment to the import of monoammonium phosphate and its mixtures with diammonium phosphate from all its trading partners. This helps promote fair and equal trade practices among countries.
The quantity unit for HS Code 31054000 is metric tons (T). This unit of measurement is commonly used in the international trade of bulk commodities, including fertilizers. It allows for standardized calculations and facilitates efficient handling and transportation of goods.
Special tariff preference programs may be available for importers of Ammonium dihydrogenorthophosphate and its mixtures with diammonium hydrogenorthophosphate. These programs aim to provide certain benefits, such as reduced duty rates or exemptions, to eligible importers. It is advisable for importers to explore and take advantage of these programs to enhance their competitiveness in the market.
HS Code 31054000 represents Ammonium dihydrogenorthophosphate (Monoammonium phosphate) and its mixtures with diammonium hydrogenorthophosphate (Diammonium phosphate). This chemical compound is widely used as a fertilizer, and its trade is facilitated through international standards, duty-free treatment, and special tariff preference programs. Importers should consider the benefits provided by these programs, while the associated US states play a role in both import and export activities related to this HS code.