HS Code 32041420 refers to Direct Black 51 and other specified basic dyes and preparations based thereon. This code is used to classify and regulate the import and export of these particular dyes. Understanding the details of this HS code is essential for businesses involved in the trade of these products.
The bound or Most Favored Nation (MFN) duty rate for HS Code 32041420 is 6.5%. The MFN duty rate is the rate applied to imports or exports when a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment.
The quantity unit for this HS code is kilograms (KG). This means that the measurement of the product, whether imported or exported, will be calculated in kilograms.
There are several special tariff preference programs applicable to HS Code 32041420. These programs provide certain benefits and exemptions to eligible countries. The following countries or regions have specific tariff rates or duty-free treatment for this HS code:
These special tariff preference programs aim to encourage trade and economic development between the participating countries. Importers and exporters need to be aware of the specific requirements and eligibility criteria of each program to take advantage of the benefits.
In the United States, HS Code 32041420 is imported primarily into the state of Louisiana. However, it is also exported from the states of Florida, Idaho, and Wyoming. These states play a significant role in the trade of Direct Black 51 and other specified basic dyes.
HS Code 32041420 is crucial for businesses engaged in the import and export of Direct Black 51 and other specified basic dyes. Understanding the duty rates, quantity units, and special tariff preference programs associated with this HS code is essential for successful trade operations. Importers and exporters should stay updated with any changes or amendments to the regulations governing this HS code to ensure compliance and maximize trade opportunities.