When it comes to international trade, it is essential to have a standardized system for classifying and identifying goods. The Harmonized System (HS) Code is a globally recognized system that allows countries to classify products in a consistent and uniform manner. In this article, we will explore the HS Code 28309015, which refers to zinc sulfide excluding luminescent grade.
Zinc sulfide is a compound that is commonly used in various industries due to its unique properties. It is often used as a pigment in the production of paints, ceramics, and plastics. Additionally, zinc sulfide is also used in the manufacturing of phosphors for cathode-ray tubes and fluorescent lights. However, it is important to note that HS Code 28309015 specifically excludes the luminescent grade of zinc sulfide.
The HS Code 28309015 is assigned to zinc sulfide that does not possess luminescent properties. This means that it is not used for applications that require phosphorescent or fluorescent properties. The exclusion of the luminescent grade in this HS Code is significant as it helps differentiate between different types of zinc sulfide and ensures accurate classification for trade purposes.
When it comes to international trade, countries often impose duties on imported goods to protect domestic industries or generate revenue. The bound or most-favored-nation (MFN) duty rate for HS Code 28309015 is 2.8%. It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market. This principle ensures that the same goods or services from all trading partners receive equal treatment.
The quantity unit for HS Code 28309015 is kilograms (KG). This unit of measurement allows for precise quantification and tracking of the imported or exported zinc sulfide. It is important for both importers and exporters to accurately report the quantity of goods to ensure compliance with trade regulations.
Furthermore, HS Code 28309015 is eligible for special tariff preference programs in several countries. These programs aim to promote trade and economic cooperation by providing preferential treatment for certain goods. For zinc sulfide excluding luminescent grade, the following countries offer special tariff rates:
These special tariff preference programs enable importers and exporters of zinc sulfide to benefit from reduced or duty-free rates, thereby facilitating trade and encouraging economic cooperation between countries.
HS Code 28309015 represents zinc sulfide excluding luminescent grade. This HS Code allows for accurate classification and identification of the product in international trade. Understanding the HS Code and its associated details, such as the duty rate, quantity unit, and special tariff preference programs, is crucial for importers and exporters to effectively navigate the global market and optimize their trading activities.