The HS Code 48059240 refers to uncoated paper and paperboard that is not elsewhere specified or included (nesoi). This includes paper and paperboard that weighs more than 150 grams per square meter (g/m2) but less than 225 g/m2. The product can be in the form of rolls or sheets and should not have undergone any further processing beyond what is stated in note 3 to chapter 48.
Uncoated paper and paperboard are versatile materials used in various industries and applications. They are commonly used for packaging, printing, writing, and many other purposes. The HS Code helps classify and identify these products for trade purposes, ensuring consistency and accurate documentation.
The bound or most-favored-nation (MFN) duty rate for HS Code 48059240 is free. This means that when 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. This promotes fair and equal trade practices among countries.
By setting the duty rate as free, it encourages the import and export of uncoated paper and paperboard, making it more accessible and affordable for businesses and consumers alike. This can stimulate economic growth and encourage international cooperation.
The quantity unit for HS Code 48059240 is kilograms (KG). This means that the weight of the imported or exported uncoated paper and paperboard is measured in kilograms. This standard unit of measurement allows for consistency and uniformity in trade transactions.
Using kilograms as the quantity unit ensures that both importers and exporters have a clear understanding of the weight of the products being traded. It simplifies calculations, logistics, and documentation processes, making it easier for businesses to engage in international trade.
There may be special tariff preference programs available for uncoated paper and paperboard under HS Code 48059240. These programs provide certain benefits or advantages to eligible importers or exporters, such as reduced or exempted tariffs.
One example of a special tariff preference program is the Generalized System of Preferences (GSP), which grants preferential treatment to products originating from developing countries. Under the GSP, eligible uncoated paper and paperboard imports from qualified countries may enjoy lower or zero tariffs when entering certain markets.
It is important for importers and exporters to familiarize themselves with these special tariff preference programs to take advantage of potential cost savings and competitive advantages.
HS Code 48059240 is applicable to all importing and exporting US states. This means that uncoated paper and paperboard falling under this HS Code can be traded between any state within the United States.
However, it is worth noting that the volume and frequency of trade may vary between states depending on factors such as local demand, production capabilities, and transportation infrastructure. Some US states may have a higher concentration of paper and paperboard manufacturing facilities, while others may have greater demand for these products.
For example, Maine is known for its thriving paper and forest products industry. It is one of the leading states in the United States in terms of paper production and exports. Therefore, it is not surprising to see Maine listed multiple times as both an importing and exporting state for HS Code 48059240.
Overall, HS Code 48059240 plays a crucial role in classifying uncoated paper and paperboard for international trade purposes. It helps facilitate trade negotiations, ensures fair and equal treatment among trading partners, and promotes transparency in global commerce.