Chemical mixtures are an essential part of various industries, ranging from pharmaceuticals to manufacturing. HS Code 38249028 specifically refers to chemical mixtures not elsewhere specified, containing 5% or more by weight of aromatic or modified aromatic substances. In this article, we will delve into the details of this HS code and explore its implications in international trade.
Under the World Customs Organization (WCO) Harmonized System (HS), every product is assigned a unique HS code to facilitate international trade. The HS code 38249028 classifies chemical mixtures that meet the specified criteria. This code is vital for importers, exporters, and customs authorities to accurately identify and classify these goods.
Product Description: Chemical mixtures nesoi, containing 5% or more by weight of aromatic or modified aromatic substance(s), nesoi.
The product description provides a concise overview of the goods covered by HS code 38249028. It specifies that the chemical mixtures included in this code must contain at least 5% by weight of aromatic or modified aromatic substances. The term "nesoi" stands for "not elsewhere specified or included," indicating that this code covers mixtures that do not fall under more specific HS codes.
Bound / MFN Duty Rate: 6.5%
The bound or most-favored-nation (MFN) duty rate for HS code 38249028 is set at 6.5%. This rate represents the maximum tariff that a country can apply to imports of these chemical mixtures. However, it is important to note that countries often negotiate preferential trade agreements, which may result in lower or even duty-free rates for specific trading partners.
Quantity Unit: Kilograms (KG)
The quantity unit for HS code 38249028 is kilograms (KG). This unit of measurement is used to determine the weight of the chemical mixtures being imported or exported.
Special Tariff Preference Programs:
HS code 38249028 is eligible for various special tariff preference programs, providing benefits and exemptions to importers and exporters. These programs aim to promote trade, economic development, and cooperation between countries. Here are some of the special tariff preference programs applicable to this HS code:
These special tariff preference programs allow eligible countries or regions to enjoy reduced or duty-free rates when importing or exporting chemical mixtures covered by HS code 38249028. It is crucial for businesses to stay updated on the specific requirements and conditions of these programs to take advantage of the available benefits.
Importing US States: [List of importing US states]
The importing US states refer to the states within the United States that receive shipments of chemical mixtures classified under HS code 38249028. The specific list of importing states may vary based on market demand, manufacturing capabilities, and other factors.
Exporting US States: [List of exporting US states]
The exporting US states represent the states within the United States that produce and ship chemical mixtures classified under HS code 38249028 to other countries. The exporting states may differ from the importing states, depending on the distribution networks, production facilities, and trade relationships established by businesses.
HS code 38249028 plays a crucial role in identifying and classifying chemical mixtures containing aromatic substances in international trade. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is essential for importers, exporters, and customs authorities to facilitate smooth and compliant trade operations. By leveraging the benefits offered by special tariff preference programs, businesses can enhance their competitiveness and expand their market reach.