Cellulosic plastics materials are an essential component used in artificial kidney machines. These machines are used by hospitals or patients under the prescription and supervision of a physician. The HS Code 98100085 specifically classifies and identifies these materials for import and export purposes.
When it comes to international trade, countries often impose tariffs or trade barriers on imported goods to protect their domestic industries. However, the concept of Most Favored Nation (MFN) treatment ensures that every time a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This means that the bound/MFN duty rate for HS Code 98100085 is free, regardless of the country of origin.
The quantity unit for this HS Code is stated as "no units collected (X)," indicating that there is no specific measurement unit associated with the cellulosic plastics materials used in artificial kidney machines.
There are also special tariff preference programs in place for HS Code 98100085. These programs offer reduced or duty-free rates for certain countries. The following countries enjoy duty-free treatment for the import of these materials: Bahrain (BH), Canada (CA), Israel (IL), Jordan (JO), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), and the Dominican Republic-Central American countries (PE).
Additionally, there are two countries, Chile (CL) and Singapore (SG), that have a special rate of 1.5 percent of the fair retail value for the import of cellulosic plastics materials for artificial kidney machines.
Utah, one of the importing US states, has a demand for cellulosic plastics materials for artificial kidney machines classified under HS Code 98100085.
No specific information is provided regarding the exporting US states for cellulosic plastics materials used in artificial kidney machines under HS Code 98100085.
HS Code 98100085 represents cellulosic plastics materials used in artificial kidney machines. These materials enjoy a bound/MFN duty rate of free, ensuring equal treatment for all trading partners. Various countries benefit from duty-free treatment, while Chile and Singapore have a special rate of 1.5 percent of the fair retail value. Importing US states, such as Utah, show a demand for these materials. Overall, this HS Code plays a crucial role in facilitating the import and export of cellulosic plastics materials for artificial kidney machines.