The HS Code 28399050 refers to a specific product category known as "Other alkali metal silicates nesoi." This code is used to classify and identify this particular type of product for trade and customs purposes.
Alkali metal silicates are compounds made up of alkali metals (such as potassium or sodium) and silicate ions. They are commonly used in various industries, including glass manufacturing, ceramics, and detergents. While this HS code specifically refers to alkali metal silicates that do not fall under any other designated category, it is important to note that there are different types and variations of alkali metal silicates.
When it comes to trade, the HS code plays a crucial role in facilitating international commerce. It allows customs authorities to identify and classify imported and exported goods accurately. Additionally, it helps in determining the applicable customs duties and tariffs, ensuring fair and consistent trade practices between countries.
The bound or MFN (Most Favored Nation) duty rate for HS Code 28399050 is 3.1%. 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 a percentage of the product's value and is payable by the importer.
The quantity unit for this HS code is kilograms (KG). This unit of measurement is used to determine the weight or mass of the product being imported or exported. It is essential for calculating shipping costs, logistics, and compliance with regulatory requirements.
There are also special tariff preference programs associated with HS Code 28399050. These programs offer specific benefits or exemptions from customs duties for eligible countries. The following countries enjoy free trade under these programs:
These countries have special trade agreements or preferential treatment with the United States, allowing for duty-free or reduced-duty imports of products falling under HS Code 28399050.
Importing US states associated with this HS code include Delaware. This means that businesses or individuals in Delaware may engage in the importation of products classified under this HS code. On the other hand, the exporting US states related to this code are Connecticut and Wyoming.
Overall, HS Code 28399050 plays a crucial role in classifying, identifying, and regulating the trade of "Other alkali metal silicates nesoi." It helps in determining customs duties, facilitating fair trade practices, and ensuring compliance with international trade regulations.