The HS code 29094300 refers to the monobutyl ethers of ethylene glycol or of diethylene glycol. This code is used to classify and identify these specific chemical compounds for international trade purposes. Understanding the HS code and its associated product description, duty rates, quantity units, and special tariff preference programs can help importers and exporters navigate the trade landscape more effectively.
The product description for HS code 29094300 includes monobutyl ethers of ethylene glycol or of diethylene glycol. These are organic compounds that are commonly used as solvents or additives in various industries such as paints, coatings, adhesives, and cleaning products. They are derived from ethylene glycol or diethylene glycol through a chemical reaction with butanol.
The bound / MFN (Most Favored Nation) duty rate for HS code 29094300 is 5.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 5.5% to the monobutyl ethers of ethylene glycol or of diethylene glycol from all its trading partners. This duty rate is a tariff imposed on the imported goods based on their value or quantity.
The quantity unit for HS code 29094300 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the monobutyl ethers of ethylene glycol or of diethylene glycol being imported or exported. It helps in calculating the total value of the goods and determining the appropriate customs duties.
HS code 29094300 is eligible for various special tariff preference programs. These programs offer preferential treatment in terms of duty rates for specific countries or regions. The following countries or regions have special tariff rates or duty-free treatment for the monobutyl ethers of ethylene glycol or of diethylene glycol:
These special tariff preference programs aim to promote trade, economic cooperation, and development between the countries or regions involved. Importers and exporters can take advantage of these programs to reduce their customs duties and enhance their competitiveness in the global market.
HS code 29094300 is relevant for both importing and exporting activities in the United States. Importing US states refer to the states within the US that receive shipments of the monobutyl ethers of ethylene glycol or of diethylene glycol. Exporting US states, on the other hand, are the states that produce and ship these chemical compounds to other countries.
It is important for importers and exporters to be aware of the regulations, documentation requirements, and customs procedures associated with HS code 29094300 when conducting international trade involving the monobutyl ethers of ethylene glycol or of diethylene glycol.
HS code 29094300 is used to classify and identify the monobutyl ethers of ethylene glycol or of diethylene glycol for international trade purposes. Importers and exporters should understand the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code to facilitate their trade activities and ensure compliance with customs regulations.