Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 38249034: Chemical Mixtures of Inorganic Compounds of Molybdenum

Chemical mixtures are an integral part of various industries, as they serve a wide range of purposes. The HS Code 38249034 specifically refers to chemical mixtures composed of two or more inorganic compounds of molybdenum. This code is used to classify and identify these mixtures for import and export purposes.

HS codes are a standardized system used globally to classify and categorize products for international trade. Each code represents a specific product or group of products, making it easier for customs authorities and traders to identify and classify goods accurately.

The HS Code 38249034 falls under Chapter 38 of the Harmonized System (HS), which pertains to miscellaneous chemical products. This chapter includes a wide range of chemical substances, mixtures, and preparations used in various industries.

When importing or exporting chemical mixtures of molybdenum, it is essential to understand the details provided by the HS Code 38249034. Let's explore some key information related to this HS Code:

• Product Description: The HS Code 38249034 refers to chemical mixtures composed of two or more inorganic compounds of molybdenum. These mixtures may have various applications in industries such as manufacturing, metallurgy, and research.
• Bound / MFN Duty Rate: The bound or Most Favored Nation (MFN) duty rate for the HS Code 38249034 is 2.8%. This means that, regardless of the trading partner, the importing country must levy a duty rate of 2.8% on these chemical mixtures. However, countries may have special tariff preference programs that grant duty-free treatment for specific trading partners.
• Quantity Unit: The quantity unit for the HS Code 38249034 is kilograms (KG). This unit is used to measure the weight or quantity of the chemical mixtures being imported or exported.
• Special Tariff Preference Programs: While the bound duty rate for the HS Code 38249034 is 2.8%, several countries have special tariff preference programs that provide duty-free treatment for these chemical mixtures. Some of the countries included in these programs are Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and the United States. These programs promote trade and economic cooperation between countries.
• Importing US States / Exporting US States: The HS Code 38249034 applies to chemical mixtures being imported into or exported from the United States. The specific states involved in the import or export process may vary depending on the trading partners and the demand for these mixtures.

The HS Code 38249034 is crucial for accurately identifying and classifying chemical mixtures of inorganic compounds of molybdenum. Understanding the details provided by this code helps ensure smooth international trade, efficient customs procedures, and compliance with applicable duties and tariff preferences.

Whether you are involved in the manufacturing, metallurgical, or research industry, the HS Code 38249034 plays a significant role in managing the import and export of chemical mixtures. By adhering to the specific regulations and guidelines associated with this code, you can ensure a seamless and compliant trade process.