HS Code 47042900 refers to a specific product category known as Chemical Woodpulp. This particular HS code pertains specifically to sulfite woodpulp that is derived from semibleached or bleached nonconiferous wood. Chemical woodpulp is widely used in various industries, including paper manufacturing, textiles, and specialty chemicals.
The product description highlights that the woodpulp falls under the category of sulfite woodpulp and excludes dissolving grades. Sulfite woodpulp is produced through a chemical process using sulfite compounds to break down the wood fibers. This results in woodpulp with different properties and characteristics compared to other types of woodpulp.
When it comes to trade, the Bound / MFN (Most Favored Nation) duty rate for HS Code 47042900 is free. This means that there are no import duties or tariffs imposed on this product category when traded between countries. The principle of MFN dictates that any trade barrier reduction or market opening must apply equally to all trading partners.
The quantity unit for HS Code 47042900 is measured in tons (CTN). This unit indicates the weight or volume of the woodpulp being traded. Tons are commonly used in international trade to ensure consistent measurements across different countries and regions.
Additionally, there are special tariff preference programs that may apply to the import and export of HS Code 47042900. These programs can provide certain benefits, such as reduced or eliminated tariffs, for specific countries or regions. It is important for importers and exporters to be aware of these programs to take advantage of any available benefits.
Importing US states and exporting US states play a significant role in the trade of HS Code 47042900. Two examples of states involved in this trade are Hawaii and Maryland. These states may have specific regulations or requirements related to the import or export of chemical woodpulp. Importers and exporters operating in these states should be well-informed about any state-specific regulations to ensure compliance.
HS Code 47042900 refers to Chemical Woodpulp, specifically sulfite woodpulp derived from semibleached or bleached nonconiferous wood. This product category plays a crucial role in various industries, and its trade is subject to specific duty rates and regulations. Importers and exporters should stay updated on trade barriers, market openings, and any special tariff preference programs that may apply. Understanding the relevant regulations and requirements is essential for smooth and compliant trade operations.