The HS Code 40012200 refers to technically specified natural rubber (TSNR) in primary forms. This article will provide an extensive overview of this product, including its description, quantity unit, special tariff preference programs, and the importing and exporting states in the United States.
Technically specified natural rubber (TSNR) is a type of natural rubber that has undergone certain processing and refining methods to improve its quality and consistency. It is produced from the latex of rubber trees through a process called coagulation, followed by drying and processing into various forms. TSNR is widely used in the manufacturing of various products, including tires, rubber gloves, conveyor belts, and many more.
The HS Code 40012200 specifically categorizes TSNR in primary forms. The quantity unit for this product is kilograms (KG). This unit of measurement is used to determine the weight or quantity of TSNR being imported or exported.
The bound or most-favored-nation (MFN) duty rate for TSNR under HS Code 40012200 is free. This means that there are no import duties imposed on this product when it enters a country. It is important to note that every time 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, ensuring fair and equal treatment.
TSNR under HS Code 40012200 is eligible for various special tariff preference programs. These programs provide duty-free treatment for the importation of TSNR from specific countries. The following programs offer special rates for TSNR:
These special tariff preference programs aim to promote trade and strengthen economic relationships between countries by providing favorable conditions for the importation of TSNR.
When it comes to importing TSNR under HS Code 40012200, the following US states are involved:
Importing States:
Exporting States:
These states play a significant role in the importation and exportation of TSNR, contributing to the overall trade of this product within the United States.
HS Code 40012200 represents technically specified natural rubber (TSNR) in primary forms. This article has provided a comprehensive overview of this product, including its description, quantity unit, special tariff preference programs, and the importing and exporting states in the United States. Understanding the HS code and related information is crucial for businesses involved in the trade of TSNR, as it helps ensure compliance with regulations and take advantage of special tariff programs.