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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 28273500: A Comprehensive Guide to Nickel Chloride

Nickel chloride is a chemical compound with the HS (Harmonized System) code 28273500. In this article, we will explore the various aspects of this product, including its description, duty rates, quantity unit, and special tariff preference programs. Let's dive in!

Product Description: Nickel Chloride

Nickel chloride is a vital chemical compound that is widely used in various industries, including electroplating, catalyst manufacturing, and chemical synthesis. It is an inorganic compound with the chemical formula NiCl2, where nickel is in the +2 oxidation state.

As a green crystalline solid, nickel chloride is highly soluble in water and has a variety of applications. It is commonly employed as a precursor for the production of nickel-based catalysts, which play a crucial role in a range of chemical reactions.

HS Code 28273500: Understanding the Code

The HS code 28273500 is an internationally recognized code that classifies nickel chloride for import and export purposes. This code is used by customs authorities worldwide to identify and categorize products during trade transactions.

The HS code 28273500 specifically refers to nickel chloride, ensuring a standardized identification of the product regardless of its origin or destination. By using this code, traders and customs officials can easily identify and track the movement of nickel chloride across borders.

Duty Rates and Trade Barriers

When it comes to international trade, duty rates play a significant role in determining the cost of importing or exporting goods. In the case of nickel chloride (HS code 28273500), the bound or MFN (Most Favored Nation) duty rate stands at 3.7%.

It is worth noting that the bound duty rate remains constant for all trading partners. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate for nickel chloride from all its trading partners. This principle ensures fair and non-discriminatory trade practices.

Quantity Unit: Kilograms (KG)

The quantity unit for nickel chloride (HS code 28273500) is kilograms (KG). This unit of measurement is universally accepted and allows for accurate and standardized quantification of the product during international trade.

Whether you are importing or exporting nickel chloride, the quantity will be measured in kilograms to ensure consistency and ease of documentation. This standardized unit facilitates efficient logistics and enables precise calculation of costs associated with transportation and storage.

Special Tariff Preference Programs

Several countries participate in special tariff preference programs that offer specific benefits for the import and export of nickel chloride (HS code 28273500). Let's take a closer look at some of these programs:

These special tariff preference programs aim to promote trade, strengthen economic ties between countries, and provide incentives for the import and export of nickel chloride.

Conclusion

HS code 28273500 represents nickel chloride, a chemical compound with significant applications in various industries. Understanding this code is crucial for traders, customs officials, and anyone involved in international trade.

By knowing the product description, duty rates, quantity unit, and special tariff preference programs associated with HS code 28273500, individuals can navigate the import and export of nickel chloride with confidence and comply with international trade regulations.

Whether you are a chemical manufacturer, a trader, or a consumer, the knowledge of HS code 28273500 empowers you to engage in global trade, harnessing the benefits of this essential chemical compound.



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