Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29055990: Halogenated, sulfonated, nitrated or nitrosated derivatives of acyclic alcohols, nesoi

The Harmonized System (HS) code 29055990 refers to a specific category of chemicals known as halogenated, sulfonated, nitrated or nitrosated derivatives of acyclic alcohols, not elsewhere specified or included. This code is used to classify and identify these particular substances for international trade purposes.

When importing or exporting goods, it is crucial to accurately identify and classify them using the appropriate HS code. This ensures that the correct customs duties, taxes, and regulations are applied. The HS code 29055990 helps customs authorities and traders in classifying these derivatives of acyclic alcohols correctly.

The product description of HS code 29055990 specifies that it includes derivatives of acyclic alcohols that have been halogenated, sulfonated, nitrated, or nitrosated. These chemical modifications can alter the properties and uses of the original alcohol, making them suitable for various industrial applications.

The bound / MFN duty rate for goods classified under HS code 29055990 is 5.5%. The MFN (Most Favored Nation) duty rate is a standard rate applied to all trading partners, ensuring fair and equal treatment. 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.

The quantity unit for goods classified under HS code 29055990 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight or volume of goods being imported or exported.

There are several special tariff preference programs applicable to goods classified under HS code 29055990. These programs provide preferential treatment, including duty-free treatment, for specific trading partners. Some of these programs include:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible developing countries.
• Australia Special Rate: Offers special tariff rates for trade with Australia.
• Bahrain Special Rate: Provides special tariff rates for trade with Bahrain.
• NAFTA for Canada: Grants duty-free treatment for trade between the United States and Canada under the North American Free Trade Agreement.
• Chile Special Rate: Offers special tariff rates for trade with Chile.
• Caribbean Basin Initiative (CBI): Provides duty-free treatment for eligible countries in the Caribbean region.
• Israel Special Rate: Grants duty-free treatment for trade with Israel.
• Andean Trade Preference Act (ATPA): Provides duty-free treatment for eligible countries in the Andean region.
• Jordan Special Rate: Offers special tariff rates for trade with Jordan.
• Agreement on Trade in Pharmaceutical Products: Grants duty-free treatment for trade in pharmaceutical products.
• Morocco Special Rate: Provides special tariff rates for trade with Morocco.
• NAFTA for Mexico: Grants duty-free treatment for trade between the United States and Mexico under the North American Free Trade Agreement.
• Oman Special Rate: Offers special tariff rates for trade with Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Provides special tariff rates for trade with countries in the Dominican Republic-Central American Free Trade Agreement.
• Peru Special Rate: Offers special tariff rates for trade with Peru.
• Singapore Special Rate: Provides special tariff rates for trade with Singapore.

It is important for importers and exporters to be aware of these special tariff preference programs as they can impact the cost and competitiveness of their goods in the international market.

HS code 29055990 represents halogenated, sulfonated, nitrated or nitrosated derivatives of acyclic alcohols, not elsewhere specified or included. This code helps in the proper classification and identification of these chemical substances for international trade purposes. Understanding the applicable tariffs and special preference programs can greatly benefit importers and exporters dealing with these goods.