HS Code 28419030: Potassium Stannate
Potassium stannate is a chemical compound that falls under HS Code 28419030. This code is used to classify and identify this specific product in international trade. In this article, we will explore the details of this HS code, its product description, duty rates, quantity unit, and special tariff preference programs.
Product Description:
Potassium stannate is a compound that consists of potassium and stannate ions. It is commonly used in various industries, including the manufacturing of ceramics, glass, and pigments. Its chemical formula is K2SnO3, and it appears as a white crystalline solid.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for potassium stannate is 3.1%. 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. The duty rate is applied to the value of the imported goods and is collected by the customs authorities of the importing country.
Quantity Unit:
The quantity unit for potassium stannate is kilograms (KG). This unit is used to measure the weight or mass of the product during international trade transactions. It is important for importers and exporters to accurately specify the quantity of potassium stannate in kilograms to ensure proper documentation and compliance with trade regulations.
Special Tariff Preference Programs:
Potassium stannate enjoys special tariff preference programs in several countries. These programs provide certain benefits and exemptions to encourage trade and economic cooperation. The following countries offer special tariff rates for potassium stannate:
1. Australia (AU) - Special Rate: Australia provides duty-free treatment for potassium stannate under the Generalized System of Preferences (GSP).
2. Bahrain (BH) - Special Rate: Bahrain offers a special rate for importing potassium stannate.
3. Canada (CA) - NAFTA: Under the North American Free Trade Agreement (NAFTA), Canada provides duty-free treatment for potassium stannate.
4. Chile (CL) - Special Rate: Chile offers a special rate for importing potassium stannate.
5. European Union (E) - Generalized System of Preferences (GSP): The European Union provides duty-free treatment for potassium stannate under the GSP.
6. Israel (IL) - Special Rate: Israel provides duty-free treatment for potassium stannate.
7. Japan (J) - Special Rate: Japan offers a special rate for importing potassium stannate.
8. Jordan (JO) - Special Rate: Jordan provides a special rate for potassium stannate imports.
9. Morocco (MA) - Special Rate: Morocco offers a special rate for importing potassium stannate.
10. Mexico (MX) - NAFTA: Under NAFTA, Mexico provides duty-free treatment for potassium stannate.
11. Oman (OM) - Special Rate: Oman offers a special rate for importing potassium stannate.
12. Peru (P) - Special Rate: Peru provides a special rate for potassium stannate imports.
13. Singapore (SG) - Special Rate: Singapore offers a special rate for importing potassium stannate.
It is important for importers and exporters to be aware of these special tariff preference programs to take advantage of the benefits they offer and ensure compliance with trade regulations.
Importing US States and Exporting US States:
Potassium stannate can be imported to and exported from various US states. The specific states involved in the import and export of potassium stannate may vary depending on market demand and trade relationships. It is advisable for businesses to research and identify the US states that are actively involved in the import and export of this product to establish trade partnerships and explore market opportunities.
HS Code 28419030 is used to classify and identify potassium stannate in international trade. This code provides important information about the product, including its description, duty rates, quantity unit, and special tariff preference programs. Potassium stannate is a versatile chemical compound with various applications in different industries. Understanding the details of this HS code is crucial for importers, exporters, and other stakeholders involved in international trade.
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