Pigments and preparations based on titanium dioxide are classified under the Harmonized System (HS) code 32061900. This code is used to identify and categorize these specific products for international trade purposes. In this article, we will explore the details of this HS code and its significance in the global market.
The HS code 32061900 refers to pigments and preparations based on titanium dioxide, not elsewhere specified or included (nesoi). Titanium dioxide is a white pigment commonly used in various industries, including paint, coatings, plastics, and cosmetics. It provides brightness, opacity, and UV protection to the end products. This code helps in identifying and tracking the trade of these specific products.
The bound / MFN (Most Favored Nation) duty rate for HS code 32061900 is 6%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 6% for the import or export of pigments and preparations based on titanium dioxide from all its trading partners. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS code 32061900 is kilograms (KG). This unit of measurement is used to quantify the weight of pigments and preparations based on titanium dioxide being imported or exported. It helps in determining the volume and value of these products during trade transactions.
Several special tariff preference programs grant preferential treatment to the import or export of pigments and preparations based on titanium dioxide under HS code 32061900. These programs include:
These special tariff preference programs aim to encourage trade and enhance economic cooperation between countries by reducing or eliminating import duties on pigments and preparations based on titanium dioxide.
The import and export of pigments and preparations based on titanium dioxide under HS code 32061900 involve various US states. Some of the US states that import these products include Mississippi and Tennessee. These states play a significant role in the trade of pigments and preparations based on titanium dioxide within the United States.
HS code 32061900 represents pigments and preparations based on titanium dioxide, nesoi. This code helps in identifying and classifying these products for international trade purposes. The associated duty rates, quantity unit, and special tariff preference programs further facilitate the import and export of these products. Understanding the HS code system is essential for businesses and governments involved in global trade to ensure compliance and efficient trade operations.