HS Code 38123070: Bis (1,2,2,6,6-pentamethyl-4-piperidinyl)sebacate

The HS Code 38123070 refers to the product Bis (1,2,2,6,6-pentamethyl-4-piperidinyl)sebacate. This educational article will provide an extensive overview of this product, including its description, quantity unit, special tariff preference programs, and the US states involved in importing and exporting.

Product Description

Bis (1,2,2,6,6-pentamethyl-4-piperidinyl)sebacate is a chemical compound used in various industries. It is commonly used as a light stabilizer and antioxidant in polymers, coatings, and plastics. This compound helps to protect these materials from degradation caused by UV radiation, heat, and other environmental factors.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for HS Code 38123070 is free. This means that there are no import duties imposed on this product when it is traded between countries. The principle of MFN treatment ensures that when 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.

Quantity Unit

The quantity unit for HS Code 38123070 is kilograms (KG). This unit of measurement is used to determine the weight of the product being traded. It provides a standardized measure for international trade transactions and ensures consistency in calculating import and export volumes.

Special Tariff Preference Programs

HS Code 38123070 is eligible for several special tariff preference programs, which provide duty-free treatment or specific rate reductions for importers and exporters. The following programs apply to this HS Code:

Generalized System of Preferences (GSP) - Provides duty-free treatment
Australia Special Rate - Specific rate reduction for Australia
Bahrain Special Rate - Specific rate reduction for Bahrain
NAFTA for Canada - Duty-free treatment under the North American Free Trade Agreement
Chile Special Rate - Specific rate reduction for Chile
Caribbean Basin Initiative (CBI) - Duty-free treatment for eligible countries in the Caribbean region
Israel Special Rate - Duty-free treatment for Israel
Andean Trade Preference Act (ATPA) - Duty-free treatment for eligible countries in the Andean region
Jordan Special Rate - Specific rate reduction for Jordan
Morocco Special Rate - Specific rate reduction for Morocco
NAFTA for Mexico - Duty-free treatment under the North American Free Trade Agreement
Oman Special Rate - Specific rate reduction for Oman
Dominican Republic-Central American Special Rate (DR-CAFTA) - Duty-free treatment for eligible countries in the Dominican Republic and Central America
Peru Special Rate - Specific rate reduction for Peru
Singapore Special Rate - Specific rate reduction for Singapore

Importing US States

The following US states are involved in importing HS Code 38123070:

Illinois
New Jersey
Oklahoma

Exporting US States

While the specific exporting US states for HS Code 38123070 are not mentioned in the provided data, it is important to note that the product can be exported from any state in the United States. The exporting states may vary depending on the demand and supply chain dynamics of the industry using this product.

HS Code 38123070 represents Bis (1,2,2,6,6-pentamethyl-4-piperidinyl)sebacate, a chemical compound used as a light stabilizer and antioxidant. It is traded in kilograms (KG) and enjoys duty-free treatment under various special tariff preference programs. Importing US states include Illinois, New Jersey, and Oklahoma. This article provides a comprehensive overview of the HS Code and its related information.