The HS Code 68029130 refers to the classification of monumental or building stone and arts thereof, specifically made of alabaster, which has undergone further work beyond simply being cut or sawn. This code is used to identify and categorize this specific type of stone and art in international trade.
When it comes to international trade, countries often have different trade barriers and market regulations. However, the concept of Most Favored Nation (MFN) duty rate ensures that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. In the case of HS Code 68029130, the bound/MFN duty rate is 4.7%, which applies to all countries.
The quantity unit for the import and export of goods classified under HS Code 68029130 is metric tons (T). This unit of measurement helps standardize the trade volume of monumental or building stone and arts made of alabaster.
There are also special tariff preference programs in place for HS Code 68029130. Some countries have established free trade agreements or preferential treatment for imports and exports of these goods. The following countries enjoy special tariff rates for this particular HS Code:
These special tariff preference programs aim to promote trade between the countries involved and facilitate the movement of goods classified under HS Code 68029130.
Importing and exporting of goods classified under HS Code 68029130 can occur between various US states. The specific importing and exporting US states for this HS Code would depend on the trade activities and preferences of businesses and individuals.
HS Code 68029130 represents monumental or building stone and arts made of alabaster that have undergone further work beyond cutting or sawing. It is important to understand the special tariff preference programs and trade regulations associated with this HS Code to facilitate international trade and ensure compliance with customs duties and regulations.