The HS Code 68138900 pertains to friction materials and articles thereof, which have a basis of mineral substances (other than asbestos) or cellulose. This code is used to classify and categorize these specific products for trade and customs purposes.
Friction materials are essential components used in various industries, including automotive, manufacturing, and construction. They are designed to create resistance or friction between two surfaces, often to control motion or prevent slippage. Friction materials can be found in brake pads, clutch discs, and other applications where controlled friction is required.
It is important to note that the products falling under HS Code 68138900 do not contain asbestos. Asbestos, once commonly used in friction materials, has been found to have harmful health effects and is now banned in many countries. The exclusion of asbestos in this HS Code ensures the safety and compliance of the products.
When it comes to trade, the bound or most-favored-nation (MFN) duty rate for products under HS Code 68138900 is free. This means that no import duties or tariffs are imposed on these products when they enter a country. This promotes trade and encourages the importation of friction materials from various trading partners.
Additionally, there are special tariff preference programs that offer duty-free treatment for products under HS Code 68138900. These programs include:
These special tariff preference programs provide additional benefits and incentives for countries to import friction materials under HS Code 68138900, further promoting international trade and cooperation.
It is important to note that the quantity unit for products under HS Code 68138900 is "no units collected (X)." This indicates that the collection of quantity data for these products may not be applicable or available.
HS Code 68138900 represents friction materials and articles thereof with a basis of mineral substances (other than asbestos) or cellulose. It is a crucial code for classifying and regulating the trade of these products. With a free bound duty rate and various special tariff preference programs, importing countries can benefit from the importation of friction materials under this HS Code.