The HS Code 79012000 refers to zinc alloy in its unwrought form. This code is used to classify and identify this particular product for international trade purposes. Understanding the HS code system is important for businesses engaged in global trade, as it helps in determining the customs duties, regulations, and requirements associated with importing and exporting goods.
Zinc alloys are widely used in various industries due to their desirable properties, such as corrosion resistance, low melting point, and high ductility. Unwrought zinc alloy refers to the material that has not been processed or manufactured into specific shapes or products. It is typically in the form of ingots or bars.
When importing zinc alloy under the HS code 79012000, the bound or most-favored-nation (MFN) duty rate is 3%. The MFN duty rate applies to all countries that lower trade barriers or open up their markets. This principle ensures equal treatment for the same goods or services from all trading partners of a country.
The quantity unit for zinc alloy under this HS code is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported zinc alloy.
There are several special tariff preference programs that offer duty-free treatment for zinc alloy under HS code 79012000. These programs include:
When it comes to importing zinc alloy under the HS code 79012000 to the United States, the available data indicates that it is being imported into the following states:
These states serve as entry points for zinc alloy imports into the United States. The demand for zinc alloy may vary across different regions, and these states may have specific industries or manufacturing sectors that rely on zinc alloys for their production processes.
Understanding the HS code 79012000 and its associated data is essential for businesses involved in importing or exporting zinc alloy. It helps in determining the applicable duty rates, accessing duty-free treatment under special tariff preference programs, and complying with the regulations and requirements of international trade.