When it comes to international trade, it is essential to have a standardized system for classifying products. One such system is the Harmonized System (HS) code, which is used by over 200 countries worldwide. The HS code 38247990 specifically refers to mixtures of halogenated hydrocarbons other than chlorinated only, NESOI. Let's take a closer look at this HS code and the information associated with it.
Product Description: The product description for HS code 38247990 is mixtures of halogenated hydrocarbons other than chlorinated only, NESOI. This means that it includes a combination of hydrocarbons that contain halogen elements (such as fluorine, bromine, or iodine) but does not exclusively consist of chlorinated hydrocarbons. The "NESOI" abbreviation stands for "Not Elsewhere Specified or Included," indicating that this HS code covers mixtures that do not fall under any other specific category within the HS system.
Bound / MFN Duty Rate: The bound or most-favored nation (MFN) duty rate for HS code 38247990 is 3.7%. The MFN duty rate is the rate applied to imports from all trading partners when a country lowers a trade barrier or opens up a market. This means that regardless of the country of origin, products classified under this HS code will have a duty rate of 3.7% when imported.
Quantity Unit: The quantity unit for HS code 38247990 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported products. It helps in accurate calculation of customs duties, transportation costs, and other logistics-related factors.
Special Tariff Preference Programs: Several special tariff preference programs are applicable to imports classified under HS code 38247990. These programs provide preferential treatment in terms of duty rates for specific countries. The following programs apply to this HS code:
Importing US States: The following US states import products classified under HS code 38247990:
Exporting US States: The following US states export products classified under HS code 38247990:
This comprehensive article has provided an overview of HS code 38247990. It includes the product description, bound / MFN duty rate, quantity unit, special tariff preference programs, and information about importing and exporting US states. Understanding this HS code is crucial for businesses involved in the import and export of mixtures of halogenated hydrocarbons. Compliance with the appropriate duty rates and eligibility for special tariff preference programs can help businesses navigate international trade successfully.