When it comes to international trade, it is essential to have a standardized system for classifying and categorizing products. The Harmonized System (HS) Code is a globally recognized system that assigns a unique code to each product, making it easier to track and regulate trade. In this article, we will explore the HS Code 38151900 and delve into its product description, duty rates, quantity units, and special tariff preference programs.
The HS Code 38151900 refers to supported catalysts that do not contain nickel or precious metal compounds as the active substance. Catalysts are substances that facilitate chemical reactions without being consumed themselves. They play a crucial role in various industries, including petroleum refining, chemical manufacturing, and environmental protection.
Supported catalysts are those that have been immobilized or supported on a solid material, such as a porous carrier. These catalysts offer improved stability, higher activity, and better selectivity compared to their unsupported counterparts.
The bound or most-favored-nation (MFN) duty rate is the maximum tariff rate that a country can impose on imports. It represents the commitment made by a country under the World Trade Organization (WTO) agreement. The HS Code 38151900 does not specify a bound or MFN duty rate, indicating that countries have the flexibility to set their own tariff rates for this product.
It is worth noting that whenever 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. This principle of non-discrimination ensures fair and equitable treatment for all countries involved in international trade.
The HS Code 38151900 measures the quantity of supported catalysts in kilograms (KG). This unit of measurement is widely used in the international trade of various goods, including chemicals and raw materials.
Several special tariff preference programs exist for imports classified under HS Code 38151900. These programs offer preferential treatment in terms of duty rates to eligible countries. Let's explore some of these programs:
The following US states are involved in the import and export of products classified under HS Code 38151900:
These states play a significant role in facilitating the trade of supported catalysts without nickel or precious metal compounds, contributing to the overall economy and industrial growth of the United States.
the HS Code 38151900 pertains to supported catalysts that do not contain nickel or precious metal compounds. This code helps standardize international trade and enables countries to implement specific duty rates and preferential programs. Understanding the HS Code and its associated information is crucial for businesses, policymakers, and trade professionals involved in the import and export of supported catalysts.