The HS code 27079920 refers to a specific product called Picolines, which are derived from the distillation of the high-temperature coal tar. These picolines have a higher weight of aromatic compounds compared to non-aromatic compounds.
When it comes to international trade, the HS code plays a crucial role in classifying products for customs purposes. Each product is assigned a unique HS code, which is used by countries to determine import and export duties, tariffs, and other trade regulations.
Picolines, as described by the HS code 27079920, are organic compounds that are obtained during the distillation process of high-temperature coal tar. These compounds consist of three different isomers, namely, 2-methylpyridine, 3-methylpyridine, and 4-methylpyridine. The composition of picolines includes a higher concentration of aromatic compounds than non-aromatic compounds.
The bound or Most Favored Nation (MFN) duty rate is the maximum tariff rate that a country can impose on a specific product. The HS code 27079920 does not specify a specific duty rate, indicating that the product can be imported duty-free under certain circumstances.
It is important to note that the duty rates can vary depending on the country of import and any existing trade agreements or special tariff preference programs.
Special tariff preference programs are trade agreements or arrangements between countries that provide certain benefits, such as reduced or eliminated import duties, for specific products. These programs aim to promote trade and economic cooperation between participating countries.
While the available data does not mention any specific special tariff preference programs for the HS code 27079920, it is worth noting that such programs can exist between countries. Importers and exporters should always be aware of any applicable trade agreements or preferential tariff schemes that may affect the import or export of picolines.
The quantity unit for the HS code 27079920 is kilograms (KG). This means that the measurement and pricing of picolines for import or export purposes are typically done in kilograms.
Based on the data provided, the following US states are known for importing picolines (HS code 27079920):
The following US states are known for exporting picolines (HS code 27079920):
These states play a significant role in the import and export of picolines, contributing to the global trade of this specific product.
the HS code 27079920 represents picolines derived from the distillation of high-temperature coal tar. This article has provided a detailed description of the product, its duty rates, quantity unit, and the importing and exporting US states. Understanding the HS code and its associated data is essential for businesses and individuals involved in international trade.