Newsprint, in rolls or sheets, falls under the HS Code 48010000. This code is used to classify and identify this specific type of paper product in international trade. The HS (Harmonized System) Code is a standardized system of product classification used globally.
Newsprint is a low-cost, uncoated paper primarily used for printing newspapers. It is typically made from mechanical pulps and contains a high percentage of recycled fiber. Newsprint is characterized by its lightweight and ability to absorb ink quickly, making it ideal for high-speed printing processes.
Bound / MFN Duty Rate: The bound or MFN (Most Favored Nation) duty rate for HS Code 48010000 is free. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. Therefore, there are no additional import duties or tariffs imposed on newsprint under this HS code.
Quantity Unit: The quantity unit for newsprint under HS Code 48010000 is metric tons (T). This unit is used to measure the weight or quantity of newsprint being imported or exported.
Special Tariff Preference Programs: Newsprint under HS Code 48010000 may be eligible for special tariff preference programs. These programs are established between countries to promote trade and provide preferential treatment to specific goods. For example, countries may have preferential trade agreements that reduce or eliminate import duties on newsprint, making it more affordable for importers.
Importing US States: Newsprint under HS Code 48010000 can be imported to various states in the United States. The specific states where newsprint is imported may vary depending on market demand and distribution networks. Some of the major importing states for newsprint in the US include California, New York, Texas, Illinois, and Pennsylvania.
Exporting US States: The United States exports newsprint under HS Code 48010000 to different countries worldwide. The specific states involved in newsprint exports may vary, but some of the major exporting states in the US include Washington, Wisconsin, Oregon, Georgia, and Alabama.
HS Code 48010000 refers to newsprint, a widely used paper product primarily for newspaper printing. This code helps in identifying and classifying newsprint for international trade purposes. Importers and exporters need to adhere to the associated regulations and consider any special tariff preference programs that may apply when trading newsprint under this HS code.