HS 340391 Other

The Most Favored Nation (MFN) duty rate for HS code 3403.91, which covers 'Other' lubricating preparations not containing petroleum or bituminous oils, can vary. For instance, the USITC (United States International Trade Commission) may list rates such as 4.00% or 4.60% ad valorem. The UK Trade Tariff might show a rate of 6% ad valorem. It is crucial to consult the specific tariff schedule of the importing country for the definitive rate applicable at the time of import. Preferential rates under trade agreements can significantly reduce or eliminate these duties. For example, rates might be Free (0%) for countries like Australia (AU), South Korea (KR), or Singapore (SG), 3% for Japan (JP), and 25% for certain other destinations, as indicated by the provided sample rates. Always verify the origin of the goods and the applicability of any trade agreements.

The duty for HS code 3403.91 is typically calculated on an ad valorem basis, meaning it's a percentage of the declared customs value of the goods. For example, if the MFN duty rate is 4.00% and you import a shipment of lubricating preparations valued at $10,000 USD, the import duty would be calculated as: $10,000 (Value) × 0.04 (Duty Rate) = $400 USD. Some products under this code might also have specific duties based on quantity (e.g., per kilogram or liter), or a combination of ad valorem and specific duties (compound duty). Always refer to the specific tariff schedule for the exact calculation method and applicable rates.

HS code 3403.91 falls under Chapter 34, which covers soaps, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, 'dental waxes' and dental preparations with a basis of plaster. Specifically, 3403.91 covers 'Lubricating preparations, other than preparations containing petroleum or bituminous oils; other'. The key criterion is that the preparation must be designed for lubrication and must not contain significant amounts of petroleum or bituminous oils as its primary component. If the preparation is primarily based on petroleum or bituminous oils, it would likely be classified under 3403.10. The WCO (World Customs Organization) Harmonized System Explanatory Notes provide further guidance on the nature and function of lubricating preparations.

Standard import documentation for HS code 3403.91 generally includes a commercial invoice detailing the value, quantity, and description of the goods; a packing list; and a bill of lading or air waybill. Depending on the importing country and the specific product, additional documentation might be necessary. This could include a Certificate of Origin to claim preferential duty rates under trade agreements, safety data sheets (SDS) if the product is considered hazardous, or specific import licenses or permits. Importers and customs brokers should verify the exact requirements with the customs authorities of the destination country.

Several trade agreements can provide preferential duty rates for goods classified under HS 3403.91. For example, agreements like the USMCA (United States-Mexico-Canada Agreement), CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), and various bilateral agreements the US has with countries like South Korea (KORUS FTA) often grant reduced or zero duties. The EU has its own network of trade agreements, and the UK has established its own set of preferential trade arrangements post-Brexit. To benefit from these, importers must ensure the goods meet the rules of origin specified in the relevant trade agreement and possess a valid Certificate of Origin.