Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 81129240: Niobium (Columbium), Unwrought; Niobium Powders

The HS Code 81129240 is used to classify the product description of Niobium (Columbium), Unwrought; Niobium Powders. This code is an internationally recognized system for classifying traded products, ensuring uniformity and consistency in global trade.

Niobium, also known as columbium, is a chemical element with the symbol Nb and atomic number 41. It is a soft, grey, ductile metal that is commonly used in the production of high-strength, low-alloy steels and superalloys. Niobium powders are also used in various applications, including the production of capacitors, superconducting magnets, and electronic devices.

The bound or Most Favored Nation (MFN) duty rate for HS Code 81129240 is 4.9%. 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. The duty rate is applied to the value of the imported niobium and is payable by the importer.

The quantity unit for HS Code 81129240 is kilograms (KG). This unit is used to measure the weight of the imported niobium. It is important to accurately declare the quantity of niobium being imported to ensure compliance with customs regulations.

There are also special tariff preference programs available for imports of niobium under HS Code 81129240. These programs provide preferential treatment in terms of duty rates for specific countries. The following countries have special tariff rates for niobium imports:

• A+ (Least-developed beneficiary developing countries eligible for GSP under that subheading)
• AU (Australia)
• BH (Bahrain)
• CA (Canada) - NAFTA (North American Free Trade Agreement) for Canada (duty-free treatment)
• CL (Chile)
• D (Africa Growth and Opportunity Act - AGOA) - Duty-free treatment for eligible countries under AGOA
• E (Caribbean Basin Initiative - CBI) - Duty-free treatment for eligible countries under CBI
• IL (Israel)
• J (Andean Trade Preference Act - ATPA) - Duty-free treatment for eligible countries under ATPA
• JO (Jordan)
• MA (Morocco)
• MX (Mexico) - NAFTA (North American Free Trade Agreement) for Mexico
• OM (Oman)
• P (Dominican Republic-Central American Special Rate - DR-CAFTA) - Duty-free treatment for eligible countries under DR-CAFTA
• PE (Peru)
• SG (Singapore)

These special tariff preference programs allow for reduced or duty-free rates for niobium imports from specific countries, promoting trade and economic cooperation.

When importing niobium under HS Code 81129240, it is essential to consider the specific regulations and requirements of both the importing and exporting US states. Each state may have its own rules and regulations regarding the importation of niobium, including licensing requirements, documentation, and customs procedures.

Overall, HS Code 81129240 provides a standardized classification system for niobium (columbium), unwrought; niobium powders, ensuring transparency and efficiency in international trade. The special tariff preference programs further facilitate trade by providing preferential treatment for niobium imports from specific countries.