Lead ores and concentrates fall under the HS code 26070000. This code is used to classify and identify this specific product for trade and customs purposes. Understanding the HS code is important for importers, exporters, and regulatory authorities as it helps facilitate international trade and ensures accurate classification of goods.
The product description for HS code 26070000 is "Lead ores and concentrates." This code is used to identify and classify any goods falling under this specific category. It is essential to use the correct HS code to avoid any confusion or misclassification during trade transactions.
Bound/Most Favored Nation (MFN) duty rate for HS code 26070000 is 1.1 cents/kg on lead content. The MFN duty rate indicates the amount of duty or tax imposed on the goods when traded between countries. It ensures that trade barriers are lowered or market access is opened up uniformly for all trading partners.
The quantity unit for HS code 26070000 is not available (NA). The absence of a specific quantity unit implies that the measure of the product is not defined by a standard unit of measurement. This could be due to variations in the form or presentation of lead ores and concentrates.
There are several special tariff preference programs applicable to HS code 26070000. These programs provide specific benefits and trade preferences to certain countries. The countries eligible for these programs include Australia (A*), Austria (AU), Bahrain (BH), Canada (CA), Chile (CL), European Union (E), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), Singapore (SG), and others.
Under these special tariff preference programs, the duty rate for lead ores and concentrates is either duty-free or subject to a reduced rate. For example, certain countries are excluded from the Generalized System of Preferences (GSP) eligibility, which provides duty-free treatment for goods under a specific HTS (Harmonized Tariff Schedule) subheading. Other special rates are applicable under specific trade agreements like NAFTA, Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), Dominican Republic-Central American Special Rate (DR-CAFTA), etc.
Importing US states for HS code 26070000 include Louisiana. This implies that lead ores and concentrates are commonly imported into the state of Louisiana. It could be due to various factors such as industrial demand, availability of processing facilities, or specific market requirements.
Exporting US states for HS code 26070000 include Alaska, Idaho, and Missouri. These states have a significant presence in the export of lead ores and concentrates. This could be attributed to the presence of lead mines or mining operations, favorable transportation infrastructure, or access to international markets.
HS code 26070000 represents lead ores and concentrates. It is important for traders, importers, and exporters to correctly identify and classify goods using the HS code to ensure compliance with customs regulations and facilitate international trade. The bound/MFN duty rate, special tariff preference programs, and importing/exporting US states provide additional information that helps understand the trade dynamics and market preferences for lead ores and concentrates.