Boron carbide is a highly versatile and valuable material that is classified under HS Code 28499010. This article will provide an extensive overview of this product, including its description, quantity unit, and special tariff preference programs. Understanding the various aspects of this HS code is essential for importers and exporters who deal with boron carbide.
Boron carbide is a compound composed of boron and carbon atoms. It is a black crystalline powder that is known for its exceptional hardness and high melting point. With a Mohs hardness of 9.3, boron carbide is one of the hardest materials known to man, making it suitable for a wide range of applications.
Boron carbide is widely used in industries such as ceramics, abrasives, nuclear reactors, ballistic armor, and wear-resistant coatings. Its exceptional hardness and lightweight properties make it an ideal material for armor plating, where it provides excellent protection against high-velocity projectiles.
The bound / MFN (Most Favored Nation) duty rate for boron carbide under HS Code 28499010 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. Importers should consider this duty rate when calculating the overall cost of importing boron carbide.
The quantity unit for boron carbide is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of goods being imported or exported. Importers and exporters should ensure accurate measurement and documentation of the quantity of boron carbide to comply with customs regulations.
Boron carbide under HS Code 28499010 is eligible for various special tariff preference programs. These programs offer preferential treatment, including duty-free or reduced-duty rates, for importers and exporters. The following countries have special tariff preference programs for boron carbide:
Importers and exporters from these countries can take advantage of the special tariff preference programs to reduce or eliminate the duty costs associated with boron carbide trade.
Boron carbide under HS Code 28499010 can be imported into and exported from various US states. The specific states involved in the import and export of this product may vary based on market demand, manufacturing capabilities, and trade agreements. Importers and exporters should consult with customs authorities and trade partners to determine the relevant importing and exporting US states for boron carbide.
HS Code 28499010 represents boron carbide, a highly valuable material used in various industries. Importers and exporters should familiarize themselves with the product description, quantity unit, bound / MFN duty rate, and special tariff preference programs associated with this HS code. By understanding these details, businesses can effectively navigate the international trade of boron carbide and optimize their trading activities.