The HS Code 48115140 refers to bleached paper and paperboard that is coated, impregnated, or covered with plastics. This specific product falls under the category of paper and paperboard materials that are suitable for various applications. In order to be classified under this HS Code, the paper or paperboard must have a weight exceeding 150 g/m2 and a thickness of less than 0.3 mm. Additionally, the product must be in certain size strips, rolls, or sheets.
When it comes to international trade, the Harmonized System (HS) Codes are used to classify goods and products. These codes are essential for customs authorities and traders as they provide a uniform and internationally recognized system for product classification. HS Codes are used to determine the import and export duties, as well as to track trade statistics.
The HS Code 48115140 is important for importers and exporters as it helps in accurately identifying and classifying the product. This code ensures that the product is properly categorized and subject to the correct import duties and regulations. It also helps in streamlining the customs clearance process and ensures compliance with international trade laws.
One of the key aspects of the HS Code 48115140 is that it is associated with a specific duty rate. The bound or Most Favored Nation (MFN) duty rate for this product is free. This means that there are no import duties imposed on this product when it is traded between countries that have MFN status with each other. The MFN principle ensures that any trade barrier or market opening is applied equally to all trading partners.
The quantity unit for the HS Code 48115140 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight of goods. It provides a standardized unit that is universally understood and facilitates accurate calculations and comparisons.
In terms of special tariff preference programs, there may be additional benefits or exemptions available for the import or export of products classified under HS Code 48115140. These programs are designed to promote trade and economic development between countries. However, specific details regarding these programs should be obtained from the respective customs authorities or trade organizations.
As for the importing and exporting US states associated with HS Code 48115140, Vermont is listed as an importing state. This means that there is a demand for this product in Vermont, and it is being imported from other states or countries. On the other hand, Arkansas and Idaho are listed as exporting states, indicating that they have the capacity to produce and export this product to other states or countries.
HS Code 48115140 represents bleached paper and paperboard that is coated, impregnated, or covered with plastics. This code is used for the accurate classification, import duties, and regulation of this specific product. The associated duty rate is free under the MFN principle, and the quantity unit is kilograms. Understanding the HS Code and its implications is crucial for importers, exporters, and customs authorities involved in international trade.