Cigarette paper in rolls of a width not exceeding 5 cm falls under the HS Code 48132000. This code is used to classify and identify this specific product in international trade. In this article, we will delve into the details of this HS code, including its description, duty rates, quantity units, and special tariff preference programs. So, let's explore everything you need to know about HS Code 48132000.
The product categorized under HS Code 48132000 is cigarette paper in rolls with a width not exceeding 5 cm. This code specifically covers the paper used to manufacture cigarettes, ensuring its accurate identification during international trade transactions. It is important to note that this code is applicable only to cigarette paper in roll form and not other types of paper or cigarettes themselves.
The bound or most-favored-nation (MFN) duty rate for HS Code 48132000 is free. This means that no duty is levied when importing or exporting cigarette paper in rolls with a width not exceeding 5 cm. The MFN principle ensures that every time 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.
The quantity unit for HS Code 48132000 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported cigarette paper in rolls. It is crucial to accurately measure and report the weight of the product to comply with trade regulations and facilitate customs clearance.
Currently, there are no known special tariff preference programs specifically applicable to HS Code 48132000. However, it is always advisable to stay updated with the latest trade agreements, bilateral or multilateral, as they may introduce preferential tariff rates or exemptions for certain products. Regularly reviewing such programs can help importers and exporters take advantage of any available benefits.
When it comes to importing cigarette paper in rolls of a width not exceeding 5 cm into the United States, one of the states known for such imports is Vermont. Vermont has a notable market for tobacco-related products, making it a potential destination for exporters dealing with HS Code 48132000.
Regarding the exporting US states, specific information about the states engaged in exporting cigarette paper under HS Code 48132000 is not available. However, considering the global demand for cigarettes, it is likely that various US states engage in exporting this product to different countries.
HS Code 48132000 represents cigarette paper in rolls with a width not exceeding 5 cm. This code enables easy identification and classification of the product during international trade. It is crucial for importers, exporters, and customs authorities to understand the details of this HS code to ensure compliance with trade regulations and facilitate smooth transactions.