Lead, powders and flakes fall under HS Code 78042000. This educational article will provide extensive information about this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 78042000 represents lead in the form of powders and flakes. Lead is a heavy metal that has been used for various purposes throughout history. It is known for its high density, low melting point, and corrosion resistance. Lead powders and flakes are commonly used in industries such as battery manufacturing, ammunition production, and radiation shielding.
The bound or Most Favored Nation (MFN) duty rate for HS Code 78042000 is free. This means that there are no tariffs imposed when importing or exporting lead powders and flakes. The duty-free treatment applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for all trading partners.
The quantity unit for HS Code 78042000 is kilograms (KG). This unit of measurement is used to determine the weight of lead powders and flakes during import and export processes. It allows for accurate and standardized calculations for customs purposes.
HS Code 78042000 is eligible for various special tariff preference programs, which provide additional benefits or exemptions from duties. The following countries or regions have special rates or duty-free treatment for lead powders and flakes:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating tariffs on specific goods. Importers and exporters can take advantage of these programs to benefit from preferential treatment when dealing with lead powders and flakes.
When it comes to importing HS Code 78042000 into the United States, the state of Maryland is actively involved. Maryland serves as a hub for international trade and has ports and customs facilities that handle the importation of various goods, including lead powders and flakes.
While specific exporting US states for HS Code 78042000 are not mentioned in the provided data, it is important to note that the United States is a major exporter of lead and lead products. Various states, such as Missouri, Idaho, and Alaska, are known for their lead mining and processing activities, which contribute to the export of lead powders and flakes.
HS Code 78042000 refers to lead powders and flakes. This article has provided extensive information about this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. Understanding these details is crucial for importers, exporters, and anyone involved in the trade of lead powders and flakes.