HS Code 68141000: Agglomerated or Reconstituted Mica
Agglomerated or reconstituted mica, classified under HS Code 68141000, refers to mica that has been processed into plates, sheets, or strips, with or without support. This article will provide an extensive overview of this product, including its description, quantity unit, duty rates, and special tariff preference programs.
Product Description:
Agglomerated or reconstituted mica is a manufactured form of mica that is commonly used in various industries. Mica is a naturally occurring mineral known for its heat resistance, electrical properties, and transparency. However, raw mica is often fragile and difficult to handle in its natural form. To overcome these challenges, mica is agglomerated or reconstituted into solid forms such as plates, sheets, or strips.
These processed mica products offer improved structural integrity and ease of use in a wide range of applications. Agglomerated or reconstituted mica can be found in electrical insulators, thermal insulating materials, gaskets, spark plugs, capacitors, and many other products where its unique properties are required.
Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for HS Code 68141000 is 2.7%. The MFN duty rate is the standard rate applied to imports unless a country has a specific trade agreement or a special tariff preference program in place. It ensures that when a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners.
Quantity Unit:
The quantity unit for HS Code 68141000 is kilograms (KG). This unit of measurement is commonly used to determine the weight of the imported or exported agglomerated or reconstituted mica products.
Special Tariff Preference Programs:
Agglomerated or reconstituted mica classified under HS Code 68141000 may be eligible for special tariff preference programs, which provide duty-free treatment or reduced duty rates for imports. The following special tariff preference programs apply to this HS code:
- Generalized System of Preferences (GSP): Certain countries, including A, AU, B, BH, CA, CL, E, IL, J, JO, MA, MX, OM, P, PE, and SG, offer duty-free treatment under the GSP program.
- Australia Special Rate: Australia provides duty-free treatment for agglomerated or reconstituted mica under the Automotive Products Trade Act (APTA).
- Bahrain Special Rate: Bahrain offers duty-free treatment for this product.
- NAFTA for Canada: Agglomerated or reconstituted mica imports from Canada enjoy duty-free treatment under the North American Free Trade Agreement (NAFTA).
- Chile Special Rate: Chile provides a special rate for this product.
- Caribbean Basin Initiative (CBI): Agglomerated or reconstituted mica is eligible for duty-free treatment under the CBI program.
- Israel Special Rate: Israel offers duty-free treatment for this product.
- Andean Trade Preference Act (ATPA): Agglomerated or reconstituted mica imports from countries covered by ATPA, such as Colombia, Ecuador, and Peru, receive a special rate.
- Jordan Special Rate: Jordan provides a special rate for this product.
- Morocco Special Rate: Morocco offers a special rate for agglomerated or reconstituted mica.
- NAFTA for Mexico: Similar to Canada, agglomerated or reconstituted mica imports from Mexico enjoy duty-free treatment under NAFTA.
- Oman Special Rate: Oman provides a special rate for this product.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Agglomerated or reconstituted mica imports from DR-CAFTA member countries receive a special rate.
- Peru Special Rate: Peru offers a special rate for this product.
- Singapore Special Rate: Singapore provides a special rate for agglomerated or reconstituted mica.
Importing and Exporting US States:
Agglomerated or reconstituted mica classified under HS Code 68141000 can be imported into and exported from various US states. The specific states involved in the import and export of this product may vary depending on market demand and trade activities.
HS Code 68141000 represents agglomerated or reconstituted mica in plates, sheets, and strips. This manufactured form of mica offers enhanced structural integrity and ease of use in various industries. Importers and exporters of this product should be aware of the bound duty rate, quantity unit, and special tariff preference programs available to them. By understanding these details, businesses can make informed decisions regarding the import and export of agglomerated or reconstituted mica.
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