Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29089925: Nitrophenols, except p-nitrophenol

Nitrophenols, except p-nitrophenol, fall under the HS Code 29089925. This code is used to classify and identify specific goods for international trade purposes. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.

Product Description

The product description for HS Code 29089925 is "Nitrophenols, except p-nitrophenol." Nitrophenols are a group of chemical compounds that consist of a phenolic ring with one or more nitro groups attached. These compounds are commonly used in various industries, including pharmaceuticals, dyes, and pesticides.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for HS Code 29089925 is 5.5%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to the import of nitrophenols from all its trading partners. The duty rate is a percentage of the product's declared value and is paid by the importer at the time of importation.

Quantity Unit

The quantity unit for HS Code 29089925 is kilograms (KG). This unit of measurement is used to quantify the weight of nitrophenols being imported or exported. It provides a standardized measurement for trade transactions and allows for accurate record-keeping and trade statistics.

Special Tariff Preference Programs

There are several special tariff preference programs associated with HS Code 29089925. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty rates for the import of nitrophenols. The following are some of the special tariff preference programs applicable to this HS code:

• Free: Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
• Australia Special Rate: Australia has a special rate for the import of nitrophenols.
• Bahrain Special Rate: Bahrain has a special rate for the import of nitrophenols.
• NAFTA for Canada: Canada enjoys duty-free treatment for the import of nitrophenols under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Chile has a special rate for the import of nitrophenols.
• Africa Growth and Opportunity Act (AGOA): Eligible countries under AGOA receive duty-free treatment for the import of nitrophenols.
• Caribbean Basin Initiative (CBI): Countries in the Caribbean Basin region receive duty-free treatment for the import of nitrophenols under the CBI.
• Israel Special Rate: Israel has a special rate for the import of nitrophenols.
• Andean Trade Preference Act (ATPA): Countries in the Andean region receive duty-free treatment for the import of nitrophenols under the ATPA.
• Jordan Special Rate: Jordan has a special rate for the import of nitrophenols.
• Agreement on Trade in Pharmaceutical Products: Nitrophenols used for pharmaceutical purposes receive duty-free treatment under this agreement.
• Morocco Special Rate: Morocco has a special rate for the import of nitrophenols.
• NAFTA for Mexico: Mexico enjoys duty-free treatment for the import of nitrophenols under NAFTA.
• Oman Special Rate: Oman has a special rate for the import of nitrophenols.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Countries in Central America, as well as the Dominican Republic, have a special rate for the import of nitrophenols under DR-CAFTA.
• Peru Special Rate: Peru has a special rate for the import of nitrophenols.
• Singapore Special Rate: Singapore has a special rate for the import of nitrophenols.

Importing and Exporting US States

While the data provided does not mention specific importing or exporting US states, it is worth noting that HS Code 29089925 applies to trade transactions involving nitrophenols across all US states. The import and export of these chemicals contribute to various industries and support economic growth and development.

HS Code 29089925 represents nitrophenols, except p-nitrophenol. This article has provided an overview of the product description, duty rates, quantity unit, special tariff preference programs, and the potential involvement of different US states in the import and export of nitrophenols. Understanding HS codes and their associated information is crucial for effective international trade and compliance with trade regulations.