HS Code 39011050: Polyethylene with Specific Gravity of Less than 0.94, in Primary Forms
Polyethylene is a versatile and widely used plastic material that has numerous applications in various industries. It is classified under HS Code 39011050, which specifically refers to polyethylene having a specific gravity of less than 0.94 and is in primary forms, not elsewhere specified or included.
HS codes are internationally recognized codes used to classify and identify specific products for customs and trade purposes. They are crucial for the smooth flow of goods across borders, providing a standardized system for classifying products and determining applicable duty rates and trade regulations.
Under HS Code 39011050, the bound or most-favored-nation (MFN) duty rate is 6.5%. The MFN duty rate signifies that whenever a country reduces trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. This ensures fair and equitable trade practices among nations.
The quantity unit for products classified under HS Code 39011050 is kilograms (KG). This unit of measurement is universally accepted and facilitates accurate tracking and reporting of trade statistics.
In addition to the general duty rate, certain special tariff preference programs apply to products falling under HS Code 39011050. These programs provide preferential treatment or exemptions from duties for eligible importing and exporting countries. The countries that currently enjoy special tariff preferences for this HS code include:
- Australia (AU): Generalized System of Preferences (GSP) provides duty-free treatment.
- Bahrain (BH): Special rate applies.
- Canada (CA): North American Free Trade Agreement (NAFTA) provides duty-free treatment.
- Chile (CL): Special rate applies.
- European Union (E): Specific details not available.
- Israel (IL): Special rate applies, with duty-free treatment.
- Japan (J): Specific details not available.
- Jordan (JO): Special rate applies.
- Morocco (MA): Special rate applies.
- Mexico (MX): NAFTA provides duty-free treatment.
- Oman (OM): Special rate applies.
- Peru (PE): Special rate applies.
- Singapore (SG): Special rate applies.
These special tariff preference programs aim to promote trade and strengthen economic ties between participating countries by facilitating the movement of goods across borders with reduced or eliminated duties.
It is worth noting that the United States is both an importing and exporting country for products classified under HS Code 39011050. Some of the states involved in the import and export of these polyethylene products include Louisiana and Texas.
In summary, HS Code 39011050 represents polyethylene with a specific gravity of less than 0.94, in primary forms. It is subject to a bound or MFN duty rate of 6.5%. Special tariff preference programs, such as the GSP, NAFTA, and country-specific arrangements, provide duty-free treatment or special rates for eligible importing and exporting countries. This HS code is commonly used in international trade and plays a crucial role in customs clearance and trade facilitation processes.
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