Articles of stone or other mineral substances are an important category of goods that are traded globally. These articles, including carbon fibers and articles made from them, are classified under the HS Code 68159940. This code is used to identify and classify these products for import and export purposes.
Bound/MFN duty rate for this HS code is free. This means 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. This encourages free and fair trade, promoting economic growth and cooperation between nations.
The quantity unit for this HS code is measured in "no units collected (X)". This indicates that the quantity of these articles is not measured or collected in a specific unit, but rather based on other factors such as weight, volume, or value.
There are several special tariff preference programs available for the import and export of goods classified under HS Code 68159940. These programs provide certain countries with preferential treatment, including duty-free access to the respective markets. The countries eligible for these special rates include:
These special tariff preference programs aim to promote trade and economic development between countries by providing certain benefits and incentives for eligible trading partners.
When it comes to importing goods classified under HS Code 68159940, several states in the United States are involved. These states include Utah, Washington, and Wyoming. These states serve as key import hubs for articles of stone or other mineral substances, facilitating the flow of goods into the country.
HS Code 68159940 encompasses articles of stone or other mineral substances, including carbon fibers and articles made from them. This code plays a crucial role in classifying and identifying these goods for import and export purposes. The bound/MFN duty rate for this HS code is free, promoting fair and equal trade. Additionally, several special tariff preference programs provide certain countries with duty-free access to the respective markets. Importing US states such as Utah, Washington, and Wyoming play a significant role in facilitating the import of these goods. Understanding and utilizing the HS code system is essential for international trade and commerce.