Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 28276020: Iodide and Iodide Oxide of Potassium

The HS Code 28276020 represents a specific product category in international trade, namely, iodide and iodide oxide of potassium. This code is used to classify and track the import and export of this particular product worldwide.

Iodide and iodide oxide of potassium are chemical compounds that find various applications in different industries. They are primarily used in the pharmaceutical, chemical, and laboratory sectors. These compounds are known for their antiseptic, disinfectant, and therapeutic properties.

The Bound / MFN duty rate for HS Code 28276020 is 2.8%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The duty rate is applied to the value of the imported product, and it serves as a source of revenue for the importing country.

The quantity unit for measuring iodide and iodide oxide of potassium is kilograms (KG). This unit is used universally to quantify the weight or mass of goods in international trade. It provides a standardized measurement that facilitates accurate tracking and comparison of imports and exports.

There are various special tariff preference programs associated with HS Code 28276020. These programs offer specific benefits and exemptions to certain countries in terms of duty rates. The following countries enjoy special tariff preferences for this product:

• Australia (Free): Generalized System of Preferences (GSP) provides duty-free treatment for imports of iodide and iodide oxide of potassium from Australia.
• Bahrain (Free): Bahrain enjoys a special rate for this product.
• Canada (Free): NAFTA provides duty-free treatment for imports of this product from Canada.
• Chile (Free): Chile benefits from a special rate for iodide and iodide oxide of potassium.
• Caribbean Basin Initiative (Free): This initiative offers duty-free treatment for imports from eligible Caribbean countries.
• Israel (Free): Imports of this product from Israel receive duty-free treatment.
• Andean Trade Preference Act (Free): Countries eligible for ATPA enjoy duty-free treatment for iodide and iodide oxide of potassium.
• Jordan (Free): Jordan benefits from a special rate for this product.
• Morocco (Free): Morocco enjoys a special rate for iodide and iodide oxide of potassium.
• Mexico (Free): NAFTA provides duty-free treatment for imports of this product from Mexico.
• Oman (Free): Oman receives a special rate for iodide and iodide oxide of potassium.
• Dominican Republic-Central American Special Rate (Free): DR-CAFTA offers duty-free treatment for imports from eligible Central American countries.
• Peru (Free): Peru benefits from a special rate for this product.
• Singapore (Free): Imports of iodide and iodide oxide of potassium from Singapore receive duty-free treatment.

The importing and exporting of iodide and iodide oxide of potassium under HS Code 28276020 involve various countries and regions. The specific importing and exporting states within the United States may vary depending on the trade dynamics and market demand. Similarly, the exporting states within the United States may differ based on the production capabilities and availability of iodide and iodide oxide of potassium.

HS Code 28276020 represents the category of iodide and iodide oxide of potassium in international trade. This code is used to classify and track the import and export of this product worldwide. Understanding the HS code and its associated information is essential for businesses, importers, exporters, and policymakers involved in the trade of iodide and iodide oxide of potassium.