When it comes to international trade, the Harmonized System (HS) plays a crucial role in classifying goods. Each product is assigned a unique HS code, which helps in identifying and tracking them across borders. In this article, we will delve into the details of HS Code 28259075, specifically focusing on its product description, duty rates, quantity unit, and special tariff preference programs.
HS Code 28259075 represents Cadmium Oxide, a compound composed of the elements cadmium and oxygen. It is commonly used in various industries, including electronics, ceramics, and pigments production. Cadmium Oxide is known for its unique properties, such as high refractive index, excellent electrical conductivity, and resistance to corrosion.
The Bound or Most Favored Nation (MFN) duty rate for HS Code 28259075 is free. This means that when a country lowers a trade barrier or opens up a market, it must apply the same duty rate of zero for Cadmium Oxide from all its trading partners. This encourages fair and equal trade opportunities, ensuring that no country is disadvantaged in terms of import duties.
It is important to note that duty rates may vary for different countries and are subject to change. Importers and exporters should stay updated with the latest tariff schedules and regulations to ensure compliance with customs requirements.
The quantity unit for HS Code 28259075 is kilograms (KG). This measurement unit is commonly used in international trade to determine the weight of goods being imported or exported. When dealing with Cadmium Oxide, the quantity is specified in kilograms to accurately calculate the amount being traded.
Special tariff preference programs provide certain benefits and incentives to countries importing or exporting specific goods. While HS Code 28259075 does not have specific information regarding such programs mentioned, it is essential to keep an eye on applicable trade agreements and preferences that may affect the duty rates or trade conditions for Cadmium Oxide.
For instance, the United States has various trade agreements, such as the Generalized System of Preferences (GSP) and Free Trade Agreements (FTAs), which may offer tariff reductions or exemptions for certain products based on the country of origin or other qualifying criteria.
HS Code 28259075 represents Cadmium Oxide, a versatile compound used in multiple industries. Its duty rate is free, promoting fair trade practices among countries. The quantity unit for this HS code is kilograms, allowing accurate measurement of the amount being traded. While no specific special tariff preference programs are mentioned, it is crucial to stay updated with trade agreements and regulations that may impact the import or export of Cadmium Oxide.
Understanding the details of HS Code 28259075 is vital for importers, exporters, and businesses involved in international trade. By adhering to the correct classification and staying informed about duty rates and trade preferences, one can navigate the global market more effectively and efficiently.