HS Code 38112100 refers to additives for lubricating oils that contain petroleum oils or oils obtained from bituminous minerals. These additives are used to enhance the performance and quality of lubricating oils, ensuring smooth operation and protection for various machinery and equipment.
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. The bound/MFN (Most Favored Nation) duty rate for HS Code 38112100 is 6.5%, which is applicable every time a country reduces trade barriers or opens up its market.
The quantity unit for this HS Code is kilograms (KG). This unit is used to measure the quantity of additives being imported or exported.
There are several special tariff preference programs available for imports of products classified under HS Code 38112100. These programs offer preferential treatment in terms of duty rates. Here are some of the special tariff preference programs applicable to this HS Code:
HS Code 38112100 is imported by various states in the United States. Some of the importing US states for this HS Code include:
HS Code 38112100 covers additives for lubricating oils that contain petroleum oils or oils obtained from bituminous minerals. These additives play a crucial role in improving the performance and quality of lubricating oils. Importers and exporters of this HS Code can benefit from special tariff preference programs, which offer preferential treatment in terms of duty rates. Various US states, including Illinois and New Jersey, import products classified under this HS Code.