The HS Code 34031150 refers to preparations used for the treatment of leather, furskins, and other materials. These preparations are specifically formulated to contain less than 70% petroleum or bituminous mineral oils. This code is used to classify and categorize these products for international trade purposes.
When it comes to international trade, countries often impose tariffs or duties on imported goods. The bound or Most Favored Nation (MFN) duty rate for HS Code 34031150 is 1.4%. This means that every time 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.
The quantity unit for HS Code 34031150 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported products under this code.
There are several special tariff preference programs that apply to HS Code 34031150. These programs provide certain countries with preferential treatment or exemptions from import duties. The countries eligible for these special tariff preference programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products.
When it comes to importing HS Code 34031150 into the United States, the following states are involved in its import and export:
These states play a significant role in the import and export of preparations for the treatment of leather, furskins, and other materials classified under HS Code 34031150.
the HS Code 34031150 represents preparations used for the treatment of leather, furskins, and other materials. It is important to understand the specific requirements, duty rates, and special tariff preference programs associated with this code when engaging in international trade involving these products.