Yttrium oxides with a purity of at least 99.9% (CAS No. 1314 36 9) fall under the HS Code 99020221. This specific HS code is used to classify and identify this particular product for international trade purposes. Understanding the details and implications of this HS code is crucial for both importers and exporters.
Yttrium oxide is a chemical compound that consists of yttrium and oxygen. It is widely used in various industries due to its unique properties and applications. The high purity requirement of at least 99.9% ensures that the product meets specific quality standards and is suitable for specific uses.
The bound or most-favored-nation (MFN) duty rate for HS Code 99020221 is free. This means that no import duty or tariff is applied when importing this product. The concept of bound duty rate implies that a country must offer the same trade benefits to all its trading partners. Therefore, if a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
This duty rate encourages trade and facilitates the import and export of yttrium oxides with high purity. It helps to eliminate trade barriers and promote fair and equal treatment for all trading partners.
In the provided data, the quantity unit for HS Code 99020221 is not available (NA). The absence of a specific quantity unit indicates that the measurement or trade volume of this product is not specified or standardized. Importers and exporters dealing with this product should refer to other relevant documents or regulations to determine the appropriate quantity unit for trade transactions.
Special tariff preference programs can play a significant role in international trade. However, the provided data does not mention any specific special tariff preference programs related to HS Code 99020221. Importers and exporters should research and consult with relevant authorities to determine if any special programs or benefits apply to their specific trade transactions involving yttrium oxides with a purity of at least 99.9%.
The information regarding the importing and exporting US states for HS Code 99020221 is not provided in the given data. However, it is important to note that the United States is a major player in international trade and has specific regulations and requirements for importing and exporting various products.
Importers and exporters dealing with yttrium oxides with a purity of at least 99.9% under HS Code 99020221 should consult with the relevant US authorities, such as the U.S. International Trade Commission (USITC) or the U.S. Customs and Border Protection (CBP), to ensure compliance with all applicable regulations, documentation requirements, and any specific state-level import/export restrictions.
understanding the details and implications of HS Code 99020221 is essential for importers and exporters of yttrium oxides with a purity of at least 99.9%. The provided information highlights the duty rate, absence of a specific quantity unit, and the importance of researching special tariff preference programs and complying with relevant regulations when engaging in international trade involving this specific product.