Tungsten powders are classified under HS Code 81011000. This article will provide an extensive overview of this specific HS code, including its product description, bound/MFN duty rate, quantity unit, and special tariff preference programs.
Tungsten powders, as defined by HS Code 81011000, refer to finely divided particles of tungsten. Tungsten is a heavy, gray metal known for its high melting point, excellent hardness, and electrical conductivity. The powders are typically used in various industrial applications, including the manufacturing of tungsten alloys, electrical contacts, and filaments for incandescent light bulbs.
The bound/MFN (Most Favored Nation) duty rate for HS Code 81011000 is 7%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 7% for all its trading partners, ensuring fair and equal treatment.
The quantity unit for HS Code 81011000 is kilograms (KG). This unit of measurement is used to determine the weight of tungsten powders being imported or exported.
There are several special tariff preference programs associated with HS Code 81011000. These programs provide specific benefits and exemptions for certain countries, allowing them to import tungsten powders at reduced or duty-free rates. The following is a list of these programs:
These special tariff preference programs offer different levels of benefits to eligible countries, promoting trade relationships and economic development.
HS Code 81011000 applies to the import and export of tungsten powders to and from various US states. The specific importing and exporting US states may vary based on market demand, manufacturing capabilities, and trade agreements. However, some prominent states involved in the import and export of tungsten powders include California, Texas, New York, Illinois, and Pennsylvania.
HS Code 81011000 encompasses tungsten powders and provides essential information regarding their classification, duty rate, quantity unit, and special tariff preference programs. Understanding this HS code is crucial for businesses and individuals involved in the import and export of tungsten powders, ensuring compliance with trade regulations and taking advantage of available tariff benefits.