The HS Code 99022306 refers to a mixture or coprecipitate of yttrium phosphate (CAS No. 13990-54-0) and cerium phosphate (CAS No. 13454-71-2). This product falls under two different subheadings: 2846.10.00 and 2846.90.80.
Yttrium phosphate and cerium phosphate are chemical compounds that have various industrial applications. Yttrium phosphate is a white crystalline powder that is commonly used as a catalyst in chemical reactions and as a phosphor in fluorescent lights. Cerium phosphate, on the other hand, is a yellowish powder that is used in the production of ceramics, glass, and phosphors.
The HS Code system is an internationally recognized classification system for traded goods. It helps in the uniform classification of products and facilitates trade by providing a common language for customs authorities, statisticians, and traders. The HS Code 99022306 specifically classifies the mixture or coprecipitate of yttrium phosphate and cerium phosphate.
When importing or exporting goods, it is important to know the HS Code of the product. This code determines the customs duty rates, trade regulations, and any special tariff preference programs that may apply to the product. In the case of HS Code 99022306, the quantity unit is not available (NA), which means that the specific unit of measurement is not specified in the code.
One important concept related to trade is the bound or MFN (Most Favored Nation) duty rate. This rate refers to the maximum customs duty that a country can levy on a particular product. However, if 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. This promotes fair and equal treatment of trading partners in international trade.
It is also worth mentioning that there may be special tariff preference programs that apply to HS Code 99022306. These programs are usually bilateral or regional trade agreements that provide preferential treatment to certain products or trading partners. Importing and exporting US states may have different regulations and requirements for this specific HS Code, so it is essential to check with the relevant authorities to ensure compliance.
HS Code 99022306 refers to a mixture or coprecipitate of yttrium phosphate and cerium phosphate. This code helps in the classification and regulation of the product for international trade. Understanding the HS Code and any associated trade regulations is crucial for importers, exporters, and customs authorities to facilitate smooth and compliant trade.