HS Code 48059110 refers to uncoated multi-ply paper and paperboard. This specific type of paper is bibulous and used for wrapping purposes. It is classified under this HS code when it weighs 150 grams per square meter or less and is in the form of rolls or sheets. The paper should not have undergone any further processing beyond what is mentioned in note 3 of the HS code.
When it comes to trade, countries often have certain duties or tariffs imposed on imported goods. However, with the Bound/Most Favored Nation (MFN) duty rate, countries agree to offer the same trade barriers or market access opportunities to all their trading partners. This means that when a country lowers a trade barrier or opens up its market, it has to do so for the same goods or services from all its trading partners, including goods classified under HS Code 48059110.
The quantity unit for this HS code is kilograms (KG). This means that the measurement of the paper or paperboard will be done in kilograms when calculating the import or export quantities.
In addition to regular trade, there are special tariff preference programs that may apply to products classified under HS Code 48059110. These programs are designed to promote trade and economic cooperation between specific countries. The details of these programs may vary depending on the countries involved and the specific agreements in place.
When importing goods classified under HS Code 48059110 to the United States, it is important to understand the requirements and regulations of the individual states. Different states may have different rules and procedures for importing goods, including paper and paperboard products. Similarly, when exporting such goods from the United States, it is essential to comply with the regulations of the destination country.
HS Code 48059110 plays a crucial role in international trade, specifically for uncoated multi-ply paper and paperboard used for bibulous and wrapping purposes. Understanding the details and implications of this HS code can help businesses and individuals navigate the import and export process more effectively and ensure compliance with the relevant regulations.