The HS Code 81129260 refers to unwrought Germanium, which is a product that falls under the category of non-ferrous metals. In this article, we will explore the details of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product described by HS Code 81129260 is Germanium in its unwrought form. Germanium is a chemical element with the symbol Ge and atomic number 32. It is a lustrous, hard, grayish-white metalloid in the carbon group, chemically similar to its group neighbors silicon and tin. Germanium is primarily used in the production of semiconductor devices, infrared optics, and solar cells.
The bound / MFN (Most Favored Nation) duty rate for HS Code 81129260 is 2.6%. 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 Germanium, and it serves as a measure to protect domestic industries and regulate international trade.
The quantity unit for HS Code 81129260 is kilograms (KG). This means that the weight of the Germanium being imported or exported is measured in kilograms. The quantity unit is essential for accurately determining the volume and value of the traded Germanium.
Several special tariff preference programs apply to HS Code 81129260, offering specific benefits for certain countries. The following countries or regions have special tariff rates or duty-free treatment for unwrought Germanium:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and the listed countries or regions. They provide various incentives, such as reduced or eliminated import duties, to encourage the importation of unwrought Germanium from these countries.
HS Code 81129260 is relevant for both importing and exporting Germanium in the United States. The importing US states may vary depending on the demand for Germanium and the presence of industries that utilize it. Similarly, the exporting US states will depend on the production capacity and availability of Germanium within the country.
HS Code 81129260 represents unwrought Germanium, a valuable material used in various industries. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS Code is crucial for businesses engaged in international trade involving Germanium.