The HS Code 29035930 refers to chlorinated derivatives of cyclanic, cyclenic, or cycloterpenic hydrocarbons that are not otherwise halogenated. This code is used to classify these specific chemical compounds for import and export purposes. In this article, we will delve into the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states for HS Code 29035930.
The product description for HS Code 29035930 is "Chlorinated, but not otherwise halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons, nesoi." This means that the code encompasses chlorinated compounds derived from cyclic hydrocarbons, such as cycloalkanes, cycloalkenes, or cycloalkenes containing terpenes.
The term "nesoi" stands for "not elsewhere specified or included" and indicates that the specific chlorinated derivatives covered by this code are not further classified under any other HS code.
The bound / MFN duty rate for HS Code 29035930 is 5.5%. The Most Favored Nation (MFN) duty rate is the rate that a country applies to imports from its trading partners, which are members of the World Trade Organization (WTO). This rate ensures that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
For example, if a country reduces the duty rate for chlorinated derivatives of cyclanic, cyclenic, or cycloterpenic hydrocarbons to 5.5%, it must apply this rate to imports from all its trading partners.
The quantity unit for HS Code 29035930 is kilograms (KG). This means that the measurement and trading of these chlorinated derivatives are specified in kilograms.
HS Code 29035930 is eligible for various special tariff preference programs. These programs offer reduced or duty-free treatment for imports under certain conditions. The following are the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable treatment for certain goods.
HS Code 29035930 has been imported and exported by various US states. However, based on the provided data, the state of Louisiana appears to be the only state involved in both importing and exporting this specific HS code.
It is worth noting that the information provided in this article is based on the given data and may not represent the complete picture of import and export activities related to HS Code 29035930. Additional data and research would be required to provide a comprehensive overview.