The HS Code 28249050 refers to a specific product: Lead Oxides, nesoi. This code is used to classify and categorize goods for international trade purposes. It helps facilitate smooth trade between countries by providing a standardized system for identifying and classifying products.
Lead Oxides are compounds that contain lead and oxygen. They are commonly used in various industries for their unique properties. Lead Oxides can be found in different forms and compositions, depending on their specific applications.
The bound or MFN (Most Favored Nation) duty rate for products under HS Code 28249050 is 4.8%. This means that every time 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 helps promote fair and equal trade practices among nations.
The quantity unit for products under HS Code 28249050 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of Lead Oxides being imported or exported.
There are also special tariff preference programs available for products under HS Code 28249050. These programs provide certain countries with preferential treatment or duty-free access to the market. The countries eligible for these special tariff preference programs include:
These special tariff preference programs, such as the Generalized System of Preferences (GSP) and various bilateral agreements, aim to promote economic cooperation and development between countries by reducing trade barriers and promoting trade.
When it comes to importing Lead Oxides under HS Code 28249050, certain US states are more active in this trade. The states that import Lead Oxides include Idaho, North Dakota, Wyoming, and Louisiana. These states have a demand for Lead Oxides due to their specific industrial needs.
On the other hand, Louisiana is also an exporting state for Lead Oxides under HS Code 28249050. This indicates that Louisiana not only imports but also produces and exports Lead Oxides, showcasing its active participation in the global trade of this product.
It is important for businesses and traders involved in the import and export of Lead Oxides to be familiar with the HS Code 28249050 and its associated regulations. This code helps ensure proper classification, documentation, and compliance with trade laws and regulations.
the HS Code 28249050 represents Lead Oxides, nesoi. It is used for classifying and identifying this product for international trade purposes. The code is accompanied by a bound duty rate, special tariff preference programs, and specific importing and exporting states. Understanding and adhering to these regulations is crucial for businesses engaged in the trade of Lead Oxides.