HS Code 28403000: Peroxoborates (perborates)
Peroxoborates, also known as perborates, are an important chemical compound with a wide range of applications. This educational article will provide an in-depth understanding of HS Code 28403000 and explore various aspects related to this product.
HS Code 28403000 is specifically assigned to peroxoborates, which are chemical compounds containing boron and oxygen atoms. These compounds are widely used in industries such as detergents, cleaning agents, and bleaching agents due to their excellent oxidizing properties.
The Bound / MFN duty rate for HS Code 28403000 is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate ensures fair trade practices and equal treatment for all trading partners.
The quantity unit for HS Code 28403000 is kilograms (KG). This unit is used to measure the weight of peroxoborates during import and export transactions. It helps in determining the quantity of the product being traded and ensures accurate records of trade volumes.
There are several special tariff preference programs associated with HS Code 28403000. These programs offer preferential treatment, such as duty-free treatment, to countries participating in them. Some of the special tariff preference programs for peroxoborates include:
1. Generalized System of Preferences (GSP): Provides duty-free treatment for eligible products.
2. Australia Special Rate: Offers a special rate for imports from Australia.
3. Bahrain Special Rate: Provides a special rate for imports from Bahrain.
4. NAFTA for Canada: Grants duty-free treatment for imports from Canada.
5. Chile Special Rate: Offers a special rate for imports from Chile.
6. Caribbean Basin Initiative (CBI): Provides preferential treatment for imports from eligible Caribbean countries.
7. Israel Special Rate: Grants duty-free treatment for imports from Israel.
8. Andean Trade Preference Act (ATPA): Offers preferential treatment for imports from eligible Andean countries.
9. Jordan Special Rate: Provides a special rate for imports from Jordan.
10. Morocco Special Rate: Offers a special rate for imports from Morocco.
11. NAFTA for Mexico: Grants duty-free treatment for imports from Mexico.
12. Oman Special Rate: Provides a special rate for imports from Oman.
13. Dominican Republic-Central American Special Rate (DR-CAFTA): Offers preferential treatment for imports from eligible countries in the DR-CAFTA region.
14. Peru Special Rate: Provides a special rate for imports from Peru.
15. Singapore Special Rate: Offers a special rate for imports from Singapore.
When it comes to the importing of peroxoborates into the United States, the state of Delaware is a significant destination. This state serves as a major hub for trade and commerce, attracting imports of various products, including peroxoborates.
On the other hand, when it comes to exporting peroxoborates from the United States, the states of Connecticut and Wyoming play a significant role. These states have a strong presence in the chemical industry and contribute to the export of peroxoborates to various countries around the world.
HS Code 28403000 is assigned to peroxoborates, which are widely used in the detergent, cleaning, and bleaching industries. This educational article provided an extensive understanding of this HS code, including its product description, duty rate, quantity unit, and special tariff preference programs. Importing US states such as Delaware and exporting US states like Connecticut and Wyoming play a vital role in the trade of peroxoborates.
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