In this educational article, we will explore the HS Code 48115120, which refers to bleached paper and paperboard that is coated, impregnated, or covered with plastics. This article will provide a detailed description of the product, discuss the bound/MFN duty rate, quantity unit, and special tariff preference programs associated with this HS Code.
The HS Code 48115120 covers bleached paper and paperboard that is coated, impregnated, or covered with plastics. To fall under this HS Code, the product needs to have a weight exceeding 150g/m2 and a thickness of 0.3mm or more. Furthermore, it must be in the form of certain size strips, rolls, or sheets.
This HS Code is specifically designed to classify and regulate the import and export of this specific type of paper and paperboard. The inclusion of the weight, thickness, and form criteria ensures that only relevant products are grouped under this code.
The bound/MFN duty rate refers to the customs duty or tax imposed on the import or export of goods. For the HS Code 48115120, there is no specific duty rate mentioned. However, it is important to note that every country must apply the same trade barriers or market openings to all its trading partners for the same goods or services. This principle ensures fair and equal treatment in international trade.
In the case of the HS Code 48115120, countries importing or exporting this product should adhere to the rules and regulations set by the World Trade Organization (WTO) or other trade agreements they are a part of. These regulations aim to promote fair trade practices and prevent unfair advantages for specific countries or industries.
The quantity unit for the HS Code 48115120 is kilograms (KG). This means that the weight of the imported or exported product is measured in kilograms. Using a standardized quantity unit allows for consistency and ease of trade across different countries and markets.
When determining the quantity of bleached paper and paperboard coated, impregnated, or covered with plastics, the weight in kilograms serves as a reliable metric. It allows for accurate measurements and facilitates trade transactions between buyers and sellers.
Special tariff preference programs are trade agreements or arrangements that provide certain benefits or incentives to countries exporting or importing specific goods. These programs aim to promote economic cooperation, reduce trade barriers, and stimulate international trade.
For the HS Code 48115120, there may be special tariff preference programs available depending on the countries involved in the trade. These programs can include preferential duty rates, exemptions, or other advantages that encourage trade between specific countries.
While the HS Code 48115120 applies to international trade, it is also relevant to understand its implications within the United States. The following US states are known for importing or exporting products classified under this HS Code:
These states have been identified as active participants in the import and export of bleached paper and paperboard coated, impregnated, or covered with plastics. The inclusion of these states highlights the importance of this HS Code within the US market.
the HS Code 48115120 classifies bleached paper and paperboard coated, impregnated, or covered with plastics. It provides a standardized system for regulating the import and export of this specific product. Understanding the product description, bound/MFN duty rate, quantity unit, and special tariff preference programs associated with this HS Code is crucial for businesses and individuals involved in international trade.