Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 38122050: Compound Plasticizers for Rubber or Plastics

The HS Code 38122050 refers to compound plasticizers used in the production of rubber or plastics. These plasticizers do not contain any aromatic or modified aromatic substances. This article will provide an in-depth understanding of this HS code, including its product description, tariff rates, quantity unit, special tariff preference programs, and the importing and exporting US states.

Product Description

Compound plasticizers under the HS Code 38122050 are additives that are used to enhance the flexibility, durability, and processing characteristics of rubber or plastics. These plasticizers are specifically designed to not contain any aromatic or modified aromatic substances, which makes them suitable for various applications in the rubber and plastics industry.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for HS Code 38122050 is 5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 5% for the import of compound plasticizers from all its trading partners. This ensures fair and equal treatment for all countries involved in trade.

Quantity Unit

The quantity unit for HS Code 38122050 is kilograms (KG). This unit is used to measure the weight of compound plasticizers being imported or exported. It provides a standardized measurement for trade transactions and allows for accurate tracking of the quantity of plasticizers being traded.

Special Tariff Preference Programs

There are several special tariff preference programs available for imports of compound plasticizers under HS Code 38122050. These programs offer reduced or duty-free treatment for specific countries. The following programs are applicable:

• Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
• Australia Special Rate: Specific tariff rate for imports from Australia.
• Bahrain Special Rate: Specific tariff rate for imports from Bahrain.
• NAFTA for Canada: Duty-free treatment for imports from Canada under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Specific tariff rate for imports from Chile.
• Africa Growth and Opportunity Act (AGOA): Duty-free treatment for imports from eligible African countries under AGOA.
• Caribbean Basin Initiative (CBI): Duty-free treatment for imports from eligible Caribbean countries under the CBI program.
• Israel Special Rate: Specific tariff rate for imports from Israel.
• Andean Trade Preference Act (ATPA): Duty-free treatment for imports from eligible Andean countries under ATPA.
• Jordan Special Rate: Specific tariff rate for imports from Jordan.
• Morocco Special Rate: Specific tariff rate for imports from Morocco.
• NAFTA for Mexico: Duty-free treatment for imports from Mexico under NAFTA.
• Oman Special Rate: Specific tariff rate for imports from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Specific tariff rate for imports from eligible countries under the DR-CAFTA agreement.
• Peru Special Rate: Specific tariff rate for imports from Peru.
• Singapore Special Rate: Specific tariff rate for imports from Singapore.

These special tariff preference programs aim to promote trade and economic development between countries by reducing or eliminating import duties on compound plasticizers from eligible trading partners.

Importing and Exporting US States

HS Code 38122050 is imported into the following US states:

• Illinois
• New Jersey
• Oklahoma

These states have a demand for compound plasticizers and engage in trade activities related to this HS code. The importation of compound plasticizers contributes to the production and manufacturing processes in these states, supporting various industries that rely on rubber and plastics.

HS Code 38122050 refers to compound plasticizers for rubber or plastics that do not contain aromatic or modified aromatic plasticizers. This HS code has a bound duty rate of 5% and is measured in kilograms. It is eligible for various special tariff preference programs, offering reduced or duty-free treatment for imports from specific countries. The importing US states for this HS code include Illinois, New Jersey, and Oklahoma.