Tantalum is a versatile and highly sought-after metal that is used in various industries, including electronics, aerospace, and medical. It is known for its exceptional corrosion resistance, high melting point, and ability to store and release electrical charge. Tantalum finds its application in capacitors, surgical implants, chemical processing equipment, and more.
HS Code 81039000 specifically refers to "Tantalum, articles nesoi." The term "nesoi" stands for "not elsewhere specified or included," indicating that this HS code encompasses various articles made from tantalum that are not covered by other specific HS codes.
When it comes to international trade, countries often impose duties or tariffs on imported goods to protect their domestic industries or generate revenue. The bound or most favored nation (MFN) duty rate for HS Code 81039000 is 4.4%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same tantalum articles from all its trading partners.
The unit of measurement for quantity in trade is kilograms (KG). This is the standard unit used to determine the weight of tantalum articles being imported or exported.
However, there are special tariff preference programs in place for HS Code 81039000. These programs allow certain countries to import tantalum articles under preferential tariff rates or even duty-free. The countries that currently enjoy special tariff preference for this HS code include:
These special tariff preference programs aim to promote economic cooperation and trade between countries by reducing or eliminating import duties on tantalum articles.
Importing and exporting tantalum articles under HS Code 81039000 is not limited to any specific US states. Companies across the United States can engage in trade involving tantalum articles, regardless of their location. Similarly, when exporting tantalum articles from the US, there are no restrictions on the states from which the goods can be shipped.
HS Code 81039000 covers tantalum articles not specified elsewhere. This highly versatile metal finds its application in various industries, and its international trade is facilitated through the use of special tariff preference programs. Importing or exporting tantalum articles under this HS code can benefit from reduced or duty-free treatment, depending on the country of origin and destination.