The HS Code 38123030 refers to specific master batches of aromatic or mod aromatic antioxidizing preparations and other compound stabilizers for rubber or plastics. This code is used for the classification and identification of these products in international trade.
The product description indicates that this HS code is specifically applicable to master batches that are used as antioxidizing preparations and stabilizers for rubber or plastics. These master batches contain aromatic or mod aromatic compounds that help to prevent oxidation and degradation of rubber or plastic materials, ensuring their stability and durability.
When it comes to the duty rates applied to products classified under HS Code 38123030, it is mentioned that they are free. This means that no duty or tariff is imposed on the import or export of these products when traded between countries. The concept of Most Favored Nation (MFN) duty rate is also explained, which states that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for products classified under HS Code 38123030 is kilograms (KG). This unit is used to measure the weight or quantity of these specific master batches of antioxidizing preparations for rubber or plastics.
There are also special tariff preference programs mentioned for products under this HS code. These programs provide certain countries with preferential treatment in terms of duty rates. The following countries are mentioned to have free tariff preference under this HS code:
This information indicates that these countries have special agreements or preferences that allow them to import or export products classified under HS Code 38123030 without the imposition of duty or tariffs.
Finally, the article mentions some importing and exporting US states for products classified under this HS code. The states mentioned are Illinois, New Jersey, and Oklahoma. These states are identified as important players in the import and export of specific master batches of antioxidizing preparations for rubber or plastics.
HS Code 38123030 is used to classify specific master batches of aromatic or mod aromatic antioxidizing preparations and other compound stabilizers for rubber or plastics. The code indicates the product description, duty rates, quantity unit, special tariff preference programs, and important US states involved in the import and export of these products.