Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 28332910: Cobalt Sulfate

Cobalt sulfate is classified under HS Code 28332910. This educational article will provide an extensive overview of Cobalt sulfate, including its product description, duty rates, quantity unit, and special tariff preference programs. It will also explore the importing and exporting of Cobalt sulfate in the United States.

Product Description

Cobalt sulfate is a chemical compound with the formula CoSO₄. It is a reddish crystalline powder that is soluble in water. Cobalt sulfate is primarily used in various industries, including agriculture, electroplating, and the production of pigments and batteries. It is an essential source of cobalt, which is a vital element for many industrial applications.

Bound / MFN Duty Rate

The bound / MFN duty rate for Cobalt sulfate is 1.4%. The MFN (Most Favored Nation) duty rate is the rate applied to imports from all trading partners. It ensures that when 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. Therefore, regardless of the country of origin, Cobalt sulfate imports will be subject to a 1.4% duty rate.

Quantity Unit

The quantity unit for Cobalt sulfate is kilograms (KG). This means that the measurement and trading of Cobalt sulfate are based on weight. Importers and exporters deal with Cobalt sulfate in kilograms, which allows for precise measurement and consistent trade practices.

Special Tariff Preference Programs

Cobalt sulfate is eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty rates, making imports of Cobalt sulfate more affordable or duty-free. The following programs apply to Cobalt sulfate:

• Generalized System of Preferences (GSP) - Provides duty-free treatment
• Australia Special Rate - Provides special tariff rate for Australia
• Bahrain Special Rate - Provides special tariff rate for Bahrain
• NAFTA for Canada - Provides duty-free treatment under the North American Free Trade Agreement
• Chile Special Rate - Provides special tariff rate for Chile
• Caribbean Basin Initiative (CBI) - Provides duty-free treatment for eligible countries in the Caribbean region
• Israel Special Rate - Provides duty-free treatment for Israel
• Andean Trade Preference Act (ATPA) - Provides special tariff rate for countries in the Andean region
• Jordan Special Rate - Provides special tariff rate for Jordan
• Morocco Special Rate - Provides special tariff rate for Morocco
• NAFTA for Mexico - Provides duty-free treatment under the North American Free Trade Agreement
• Oman Special Rate - Provides special tariff rate for Oman
• Dominican Republic-Central American Special Rate (DR-CAFTA) - Provides special tariff rate for countries in the DR-CAFTA region
• Peru Special Rate - Provides special tariff rate for Peru
• Singapore Special Rate - Provides special tariff rate for Singapore

Importing and Exporting in the United States

In the United States, Cobalt sulfate can be imported from any country. However, it is essential to comply with customs regulations and pay the applicable duty rates. Currently, Cobalt sulfate imports to the United States are reported in the state of Alaska.

As for exporting, the data does not specify the US states engaged in the export of Cobalt sulfate. It is likely that Cobalt sulfate is exported from various states across the country. Exporters must adhere to export regulations and requirements imposed by the destination country.

HS Code 28332910 represents Cobalt sulfate, a versatile chemical compound used in several industries. Importers and exporters should be aware of the duty rates, quantity unit, and special tariff preference programs associated with Cobalt sulfate. Understanding the regulations and trade practices is crucial for efficient and compliant trade operations.