The HS Code 68051000 refers to natural or artificial abrasive powder or grain that is applied on a base of woven textile fabric. This code is used to classify and identify specific products for international trade purposes. By assigning a unique HS code to a product, it becomes easier for customs authorities and trade organizations to track and regulate the import and export of goods.
The product description indicates that the abrasive powder or grain is either natural or artificial in nature and is affixed to a woven textile fabric. This combination provides a versatile and durable material that can be used in various industries such as manufacturing, construction, and automotive.
When it comes to trade barriers and market access, the bound or Most Favored Nation (MFN) duty rate for HS Code 68051000 is free. This means that whenever a country lowers a trade barrier or opens up a market, it must offer the same treatment to all its trading partners for this particular product. This encourages fair and equal trade practices among nations.
The quantity unit for HS Code 68051000 is kilograms (KG), which indicates that the product is measured and traded in weight. This is a common unit of measurement for various goods, including abrasive materials.
There are also special tariff preference programs available for HS Code 68051000. These programs offer duty-free treatment to eligible countries. The countries that currently enjoy this special rate include:
These special tariff preference programs aim to promote economic cooperation and development among participating countries by reducing trade barriers and facilitating the exchange of goods.
When importing HS Code 68051000 into the United States, there are no specific restrictions regarding the exporting states. However, it is important to comply with all relevant customs regulations and documentation requirements to ensure a smooth and legal import process.
HS Code 68051000 represents natural or artificial abrasive powder or grain on a base of woven textile fabric. This versatile material is used in various industries and is subject to free trade and special tariff preference programs in many countries. Understanding the HS code and its associated regulations is essential for businesses engaged in international trade.