Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29031400: An In-depth Look at Carbon Tetrachloride

Carbon tetrachloride, classified under HS Code 29031400, is a chemical compound that has various industrial applications. In this article, we will explore the properties and uses of carbon tetrachloride, as well as its import and export information.

Product Description

Carbon tetrachloride is a colorless liquid with a sweet odor. Its chemical formula is CCl4, indicating that it consists of one carbon atom bonded to four chlorine atoms. It is non-flammable and has a high boiling point, making it suitable for use in many industries.

Importing and Exporting

When it comes to importing carbon tetrachloride into the United States, several states play a significant role. The top importing states for carbon tetrachloride are Montana, Utah, Wyoming, West Virginia, and Louisiana. These states have recognized the importance of this chemical in their respective industries and have actively engaged in its trade.

On the other hand, the top exporting states for carbon tetrachloride from the United States are Montana, North Dakota, Pennsylvania, Louisiana, and Texas. These states have established themselves as major suppliers of this chemical, catering to the global demand.

HS Code and Duty Rates

The HS Code 29031400 is specifically assigned to carbon tetrachloride. It is crucial to correctly identify the HS code for every product during international trade, as it helps in determining the applicable customs duties and regulations.

For imports of carbon tetrachloride, a bound or most-favored-nation (MFN) duty rate of 2.3% is imposed. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. It is important for importers to consider this duty rate when calculating the cost of acquiring carbon tetrachloride.

Special Tariff Preference Programs

Carbon tetrachloride benefits from various special tariff preference programs, which offer duty-free treatment for importers. These programs include:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for carbon tetrachloride imports.
• Australia Special Rate: Australia offers a special rate for the import of carbon tetrachloride.
• Bahrain Special Rate: Bahrain has a specific rate for importing carbon tetrachloride.
• NAFTA for Canada: Under the North American Free Trade Agreement, Canada provides duty-free treatment for carbon tetrachloride imports.
• Chile Special Rate: Chile offers a special rate for the import of carbon tetrachloride.
• Caribbean Basin Initiative (CBI): This program provides duty-free treatment for carbon tetrachloride imports from eligible countries in the Caribbean region.
• Israel Special Rate: Israel offers duty-free treatment for carbon tetrachloride imports.
• Andean Trade Preference Act (ATPA): Under this program, carbon tetrachloride imports from eligible Andean countries receive special rates.
• Jordan Special Rate: Jordan has a specific rate for importing carbon tetrachloride.
• Morocco Special Rate: Morocco offers a special rate for the import of carbon tetrachloride.
• NAFTA for Mexico: Similar to Canada, Mexico provides duty-free treatment for carbon tetrachloride imports under NAFTA.
• Oman Special Rate: Oman has a specific rate for importing carbon tetrachloride.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Under this program, carbon tetrachloride imports from eligible countries in the Dominican Republic and Central America receive special rates.
• Peru Special Rate: Peru offers a special rate for the import of carbon tetrachloride.
• Singapore Special Rate: Singapore provides a special rate for carbon tetrachloride imports.

Conclusion

Carbon tetrachloride, classified under HS Code 29031400, is an important chemical compound used in various industries. Understanding the specifics of its import and export, including the top importing and exporting states, duty rates, and special tariff preference programs, is crucial for businesses engaged in its trade. By considering these factors, importers and exporters can make informed decisions and ensure compliance with customs regulations.