Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 32041740: Pigments and Preparations Based on Isoindoline Red Pigment

The HS Code 32041740 refers to pigments and preparations based on isoindoline red pigment, specifically pigment red 242, 245, and pigment yellow 155, 183, not elsewhere specified. This article will provide an extensive overview of the HS Code 32041740, including its product description, quantity unit, bound/MFN duty rate, and special tariff preference programs.

Product Description

Pigments and preparations based on isoindoline red pigment fall under HS Code 32041740. This code encompasses various pigments, including pigment red 242 and 245, as well as pigment yellow 155 and 183. These pigments are commonly used in various industries, including paints, coatings, plastics, inks, and textiles.

Bound / MFN Duty Rate

The bound/MFN duty rate for HS Code 32041740 is free. This means that there are no tariffs or duties imposed when importing or exporting products classified under this HS Code. It is important to note that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.

Quantity Unit

The quantity unit for HS Code 32041740 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported pigments and preparations based on isoindoline red pigment. It provides a standardized measure for trading purposes and ensures consistency in international trade transactions.

Special Tariff Preference Programs

HS Code 32041740 is eligible for various special tariff preference programs. These programs offer preferential treatment in terms of duty rates for specific countries. The following are the special tariff preference programs applicable to this HS Code:

• Free: Imports from least-developed beneficiary developing countries eligible for GSP under that subheading receive duty-free treatment.
• Australia Special Rate: Australia offers a special rate for imports classified under this HS Code.
• Bahrain Special Rate: Bahrain offers a special rate for imports classified under this HS Code.
• NAFTA for Canada: Imports from Canada classified under this HS Code receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Chile offers a special rate for imports classified under this HS Code.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible African countries classified under this HS Code receive duty-free treatment under AGOA.
• Caribbean Basin Initiative (CBI): Imports from eligible countries in the Caribbean Basin classified under this HS Code receive duty-free treatment under CBI.
• Israel Special Rate: Israel offers a special rate for imports classified under this HS Code.
• Andean Trade Preference Act (ATPA): Imports from eligible Andean countries classified under this HS Code receive duty-free treatment under ATPA.
• Jordan Special Rate: Jordan offers a special rate for imports classified under this HS Code.
• Morocco Special Rate: Morocco offers a special rate for imports classified under this HS Code.
• NAFTA for Mexico: Imports from Mexico classified under this HS Code receive duty-free treatment under NAFTA.
• Oman Special Rate: Oman offers a special rate for imports classified under this HS Code.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible countries in the Dominican Republic-Central America region classified under this HS Code receive duty-free treatment under DR-CAFTA.
• Peru Special Rate: Peru offers a special rate for imports classified under this HS Code.
• 1%: Singapore offers a special rate of 1% for imports classified under this HS Code.

These special tariff preference programs aim to promote trade, economic development, and cooperation between countries by providing favorable duty rates for specific products.

HS Code 32041740 represents pigments and preparations based on isoindoline red pigment, including pigment red 242, 245, and pigment yellow 155, 183. It is important to consider the bound/MFN duty rate, quantity unit, and special tariff preference programs when importing or exporting products under this HS Code. Understanding these details can help businesses navigate international trade and take advantage of preferential treatment in various markets.