Anthracene and 1,4-di-(2-methylstyryl)benzene are chemical compounds that fall under HS Code 29029040. This HS code is used to classify and identify these specific substances for international trade and customs purposes. Understanding the HS code for a product is crucial as it helps in determining the applicable duty rates and any special tariff preferences that may be available.
When it comes to trade barriers and market access, countries often have to lower their restrictions and open up their markets for the same goods or services from all their trading partners. This principle is known as the Bound / MFN (Most Favored Nation) duty rate. In the case of HS Code 29029040, the bound / MFN duty rate is free, which means that there are no duties imposed on the import or export of Anthracene and 1,4-di-(2-methylstyryl)benzene.
The quantity unit for this HS code is kilograms (KG), indicating that the measurement and pricing for these substances are based on weight. It is important to note that the HS code does not provide any specific information about the properties or uses of Anthracene and 1,4-di-(2-methylstyryl)benzene. However, these compounds are commonly used in various industries such as pharmaceuticals, dyes, and organic synthesis.
Furthermore, there are special tariff preference programs available for the import and export of Anthracene and 1,4-di-(2-methylstyryl)benzene. The following countries and regions offer duty-free treatment under their respective programs:
When importing Anthracene and 1,4-di-(2-methylstyryl)benzene into the United States, certain states have been identified as major importers. These states include Montana, Utah, Wyoming, West Virginia, and Louisiana. On the other hand, the major exporting states within the US are Montana, North Dakota, Pennsylvania, Louisiana, and Texas.
HS Code 29029040 is used to classify Anthracene and 1,4-di-(2-methylstyryl)benzene for international trade purposes. Understanding the HS code helps in determining the applicable duty rates and any special tariff preferences that may be available. Importers and exporters need to be aware of the specific regulations and requirements associated with this HS code to ensure smooth and compliant trade transactions.