When it comes to international trade, products are classified using Harmonized System (HS) codes. These codes are used worldwide to standardize the classification of goods for customs purposes. One such HS code is 48115960, which refers to bleached or non-bleached paper and paperboard that is coated, impregnated, or covered with plastics. This article will provide a comprehensive overview of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS code 48115960 is "Bleached nesoi/non-bleached paper & paperboard, coated/impregnated/covered with plastics, in rolls n/o 15 cm wide or rectangular sheets nesoi." This means that the paper and paperboard covered by this HS code can be either bleached or non-bleached and is coated, impregnated, or covered with plastics. The product can be in the form of rolls that are not wider than 15 cm or rectangular sheets.
The bound or most-favored-nation (MFN) duty rate is the rate of duty that a country agrees to impose on imported goods. For HS code 48115960, the bound or MFN duty rate is free. This means that there are no additional duties or taxes applied to the import of bleached or non-bleached paper and paperboard with plastic coating covered by this HS code.
It is important to note that the duty rate mentioned here is the bound or MFN rate. Some countries may apply different preferential duty rates under special tariff preference programs, which will be discussed in the next section.
The quantity unit for HS code 48115960 is kilograms (KG). This means that the weight of the imported or exported goods covered by this HS code is measured in kilograms.
Special tariff preference programs are trade agreements or arrangements between countries that provide preferential duty rates for certain goods. These programs aim to promote trade and economic cooperation between participating countries. While specific programs may vary, here is a list of some common special tariff preference programs:
It is important for importers and exporters to be aware of any special tariff preference programs that may apply to their products. These programs can significantly reduce the cost of importing or exporting goods by granting preferential duty rates.
While the specific importing and exporting US states for HS code 48115960 are not provided in the given data, it is worth mentioning that the import and export of goods are regulated at the federal level in the United States. However, individual states may have certain regulations or requirements that apply to specific goods or industries.
For example, Vermont is known for its stringent environmental regulations, and businesses importing or exporting paper and paperboard with plastic coating covered by HS code 48115960 may need to comply with specific state-level environmental standards or certifications.
HS code 48115960 represents bleached or non-bleached paper and paperboard that is coated, impregnated, or covered with plastics. The bound or MFN duty rate for this HS code is free, and the quantity unit is kilograms. Importers and exporters should also consider special tariff preference programs that may offer preferential duty rates. Additionally, it is important to be aware of any state-level regulations or requirements when importing or exporting goods covered by this HS code.