When it comes to waste and scrap of primary cells, primary batteries, and electric storage batteries, the HS Code 85481025 is the designated code. This code is used to classify and categorize these specific products for international trade purposes. It provides a standardized system for identifying and tracking these goods, ensuring smooth and efficient global commerce.
The product description for HS Code 85481025 is "Waste and scrap of primary cells, primary batteries, and electric storage batteries, entered for recovery of lead." This description highlights that the main purpose of importing these goods is to recover lead from them. Recycling and recovering valuable materials from waste products is an essential aspect of sustainable resource management.
Importing countries impose different duties and tariffs on goods, depending on their HS code classification. In the case of HS Code 85481025, the bound/MFN (Most Favored Nation) duty rate is free. This means that there are no duties or tariffs imposed on these goods when they are imported. This encourages trade and facilitates the recovery of lead from waste batteries in a cost-effective manner.
Furthermore, there are special tariff preference programs in place for HS Code 85481025. These programs provide additional benefits and exemptions for certain countries, promoting trade relationships and cooperation. The countries that enjoy special tariff preferences for this HS code include:
These special tariff preference programs aim to promote economic cooperation and provide incentives for countries to engage in trade. By offering preferential treatment to certain nations, it encourages them to import waste and scrap of primary cells, primary batteries, and electric storage batteries for lead recovery.
The quantity unit for HS Code 85481025 is "number" (NO), indicating that the measurement unit for these goods is based on the number of items or units being imported. This allows for accurate tracking and valuation of the waste and scrap being traded.
Importing US states for HS Code 85481025 include Idaho, Pennsylvania, and Wisconsin. These states have a demand for waste and scrap of primary cells, primary batteries, and electric storage batteries for lead recovery. By importing these goods, they contribute to the recycling and sustainable management of valuable resources.
HS Code 85481025 plays a crucial role in classifying and facilitating the trade of waste and scrap of primary cells, primary batteries, and electric storage batteries for lead recovery. It enables countries to import these goods without imposing duties or tariffs, while also providing special tariff preferences for certain nations. This promotes sustainable resource management and encourages international trade relationships.