HS Code 34049010: Artificial Waxes and Prepared Waxes Containing Bleached Beeswax
Artificial waxes and prepared waxes containing bleached beeswax fall under HS Code 34049010. This HS code is used to classify and regulate the import and export of these specific products. In this article, we will delve into the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and information about the importing and exporting US states.
Product Description: The HS code 34049010 refers to artificial waxes and prepared waxes that contain bleached beeswax. These waxes are commonly used in various industries, such as cosmetics, pharmaceuticals, and food packaging. They provide a range of properties, including gloss, water repellency, and protection against moisture and oxidation.
Bound / MFN Duty Rate: The bound or most-favored-nation (MFN) duty rate for HS Code 34049010 is free. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty-free treatment for the importation of artificial waxes and prepared waxes containing bleached beeswax from all its trading partners.
Quantity Unit: The quantity unit for HS Code 34049010 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported products.
Special Tariff Preference Programs: There are several special tariff preference programs applicable to HS Code 34049010. These programs provide specific benefits and duty-free treatment for imports from certain countries. The programs include:
- Free: Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
- Australia Special Rate
- Bahrain Special Rate
- NAFTA for Canada: Duty-free treatment
- Chile Special Rate
- Africa Growth and Opportunity Act (AGOA): Duty-free treatment
- Caribbean Basin Initiative (CBI)
- Israel Special Rate: Duty-free treatment
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
- Singapore Special Rate
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved.
Importing US States: The following US states are known for importing artificial waxes and prepared waxes containing bleached beeswax under the HS Code 34049010:
- West Virginia
- Ohio
- Delaware
These states have recognized the importance and applications of these products in their respective industries and have established trade relationships for their importation.
Exporting US States: The specific US states that export artificial waxes and prepared waxes containing bleached beeswax under HS Code 34049010 are not mentioned in the available data.
HS Code 34049010 encompasses artificial waxes and prepared waxes containing bleached beeswax. This code helps classify and regulate the import and export of these products. Understanding the details of HS codes is crucial for businesses involved in international trade, as it ensures compliance with applicable regulations and helps facilitate smooth import and export processes.
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