The HS Code 13019040 refers to turpentine gum, which is an oleoresinous exudate obtained from living trees. This article will provide an extensive overview of this product, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Turpentine gum is a natural resinous substance that is extracted from living trees. It is commonly used in various industries, including pharmaceuticals, paints and coatings, and fragrance manufacturing. The gum has a distinct odor and is known for its solvent properties.
The bound or most-favored-nation (MFN) duty rate for HS Code 13019040 is 1.3%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 1.3% for the import of turpentine gum from all its trading partners.
The quantity unit for turpentine gum is kilograms (KG). This unit is used to measure the weight of the product during import and export transactions.
Turpentine gum, classified under HS Code 13019040, is eligible for various special tariff preference programs. These programs provide preferential treatment and may result in duty-free imports. The following programs are applicable to this product:
The importing US states for turpentine gum under HS Code 13019040 include Oregon, Utah, and Washington. These states are involved in the importation of this product for various industries and applications.
It is important for businesses and traders to be aware of the specific HS Code and its related details when importing or exporting turpentine gum. Understanding the duty rates, quantity unit, special tariff preference programs, and the regions involved in trade can help streamline the import-export process and ensure compliance with regulations.