The HS Code 38119000 refers to prepared additives for mineral oils or other liquids used for the same purposes as mineral oils, not elsewhere specified or included. This code is used to classify and categorize these specific products for international trade purposes. It is important to understand the details of this HS code, including the product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 38119000 includes prepared additives for mineral oils or other liquids used for the same purposes as mineral oils. This code covers various additives that are specifically formulated and prepared to enhance the performance and properties of mineral oils or similar liquids. These additives can be used in applications such as lubricants, fuels, hydraulic fluids, and other industrial and automotive fluids.
The bound or most-favored-nation (MFN) duty rate for HS Code 38119000 is 6.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same 6.5% duty rate for the import of prepared additives for mineral oils from all its trading partners. This duty rate is applicable to all countries unless specific tariff preference programs are in place.
The quantity unit for HS Code 38119000 is kilograms (KG). This means that the measurement and trading of prepared additives for mineral oils or similar liquids are based on the weight in kilograms. This quantity unit is universally recognized and used in international trade to facilitate accurate and standardized measurements.
HS Code 38119000 has several special tariff preference programs that offer preferential duty rates or duty-free treatment for imports. These programs are designed to promote trade and economic cooperation between specific countries. The special tariff preference programs applicable to HS Code 38119000 are as follows:
HS Code 38119000 involves imports and exports between various US states. The following US states are involved in the import and export of prepared additives for mineral oils or similar liquids classified under HS Code 38119000:
These states play a significant role in the trade and distribution of prepared additives for mineral oils within the United States.
HS Code 38119000 represents prepared additives for mineral oils or other liquids used for the same purposes as mineral oils. This code provides a standardized classification for these products in international trade. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with HS Code 38119000 is essential for importers, exporters, and traders involved in the global trade of these additives.