The HS Code 48043140 refers to uncoated, unbleached kraft wrapping paper in rolls or sheets, weighing 150 g/m2 or less. This article will provide an extensive overview of this particular HS code, including its product description, associated duty rates, quantity unit, and any special tariff preference programs that may be applicable.
Uncoated, unbleached kraft wrapping paper is a type of packaging material commonly used for gift wrapping, packaging, and protecting various goods during transportation. This specific HS code (48043140) pertains to the paper that is in rolls or sheets, with a maximum weight of 150 g/m2. The uncoated and unbleached nature of this paper gives it a natural appearance, often preferred for its rustic and eco-friendly appeal.
Kraft paper is made from wood pulp, typically obtained from softwood trees such as pine and spruce. It is known for its strength and durability, making it suitable for a wide range of applications. The 150 g/m2 weight limit specified in the HS code ensures that the paper is lightweight enough for wrapping and packaging purposes.
The bound or most-favored-nation (MFN) duty rate for the HS code 48043140 is free. This means that countries must eliminate any trade barriers or tariffs imposed on the import of uncoated, unbleached kraft wrapping paper in rolls or sheets weighing 150 g/m2 or less.
The principle of MFN requires that a country extends any trade concessions, such as reduced or eliminated tariffs, to all its trading partners. Therefore, when a country lowers a trade barrier or opens up a market for a particular product, they must do so for the same goods or services from all other countries they engage in trade with.
This duty rate encourages the free flow of uncoated, unbleached kraft wrapping paper across borders, facilitating trade and ensuring fair treatment for all trading partners.
The quantity unit specified for the HS code 48043140 is kilograms (KG). This means that the measurement for import or export purposes should be recorded in kilograms when dealing with uncoated, unbleached kraft wrapping paper in rolls or sheets weighing 150 g/m2 or less.
The use of a standardized quantity unit helps to streamline international trade transactions and ensures consistency in the measurement of goods. This allows for easier comparison and calculation of import or export volumes, facilitating efficient logistics and supply chain management.
Special tariff preference programs may be available for the import or export of uncoated, unbleached kraft wrapping paper under the HS code 48043140. These programs are designed to promote trade and economic development between specific countries or regions.
It is important to note that specific tariff preference programs can vary depending on the country of import or export. For example, the United States has various programs such as the Generalized System of Preferences (GSP) and the African Growth and Opportunity Act (AGOA) that provide preferential treatment for certain goods from eligible countries.
When engaging in international trade involving uncoated, unbleached kraft wrapping paper, it is advisable to research and understand the applicable special tariff preference programs. This can help importers and exporters take advantage of reduced duties or other trade benefits, enhancing competitiveness and profitability.
the HS code 48043140 pertains to uncoated, unbleached kraft wrapping paper in rolls or sheets, weighing 150 g/m2 or less. This article has provided a comprehensive overview of the product description, bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code. Understanding these details can assist businesses and individuals involved in the import or export of this type of wrapping paper, facilitating smoother trade operations and potentially benefiting from preferential trade programs.