Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29042040: Aromatic Derivatives of Hydrocarbons Containing Nitro or Nitroso Groups

The HS Code 29042040 refers to aromatic derivatives of hydrocarbons that contain either nitro or nitroso groups. This code is described in additional U.S. note 3 to section VI of the Harmonized System, which is an international nomenclature for the classification of products traded in international commerce.

These aromatic derivatives are commonly used in various industries for their unique properties. They can be found in the production of dyes, pigments, pharmaceuticals, and other chemical compounds. The presence of nitro or nitroso groups in these derivatives imparts specific characteristics and reactivity to the compounds.

When importing or exporting goods classified under HS Code 29042040, it is essential to be aware of the associated duty rates. The bound / MFN (Most Favored Nation) duty rate for this HS code is 5.5%. It means that every time 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, ensuring fair and equal treatment.

The quantity unit for these aromatic derivatives is kilograms (KG). This unit of measurement helps in accurately determining the quantity of the goods being traded.

Furthermore, there are several special tariff preference programs associated with HS Code 29042040. These programs provide specific benefits and preferential treatment to importers and exporters of these goods. Some of the notable programs include:

• Free Trade Agreement (A+, AU, BH, CA, CL, D, E, IL, J, JO, MA, MX, OM, P, PE, SG): Under this program, imports from least-developed beneficiary developing countries are eligible for duty-free treatment.
• Australia Special Rate: This program provides a special rate for imports from Australia, resulting in reduced or eliminated duties.
• Bahrain Special Rate: Similar to the Australia Special Rate, this program offers a preferential rate for imports from Bahrain.
• NAFTA for Canada and Mexico: The North American Free Trade Agreement (NAFTA) provides duty-free treatment for imports from Canada and Mexico.
• Chile Special Rate: This program offers preferential treatment for imports from Chile.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible countries in Africa receive duty-free treatment under this program.
• Caribbean Basin Initiative (CBI): Imports from eligible countries in the Caribbean Basin receive duty-free treatment under this program.
• Israel Special Rate: Imports from Israel are eligible for duty-free treatment under this program.
• Andean Trade Preference Act (ATPA): Imports from eligible countries in the Andean region receive duty-free treatment under this program.
• Jordan Special Rate: Imports from Jordan receive preferential treatment under this program.
• Morocco Special Rate: Imports from Morocco are eligible for preferential treatment under this program.
• Oman Special Rate: Imports from Oman receive preferential treatment under this program.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible countries in the Dominican Republic and Central America receive preferential treatment under this program.
• Peru Special Rate: Imports from Peru receive preferential treatment under this program.
• Singapore Special Rate: Imports from Singapore receive preferential treatment under this program.

When importing goods classified under HS Code 29042040 into the United States, it is important to consider the exporting states. Different states in the U.S. may have specific regulations and requirements for the importation of these goods. Similarly, when exporting these goods from the United States, it is crucial to comply with the regulations of the destination country.

Overall, HS Code 29042040 represents aromatic derivatives of hydrocarbons containing nitro or nitroso groups. Understanding the associated duty rates and special tariff preference programs can help importers and exporters make informed decisions and benefit from potential cost savings.