Aromatic alcohol peroxides, ether peroxides, ketone peroxides, and their halogenated, sulfonated, nitrated, or nitrosated derivatives are classified under HS Code 29096020. This HS code is used to identify and classify these specific chemical compounds for international trade purposes.
When importing or exporting goods classified under HS Code 29096020, it is essential to understand the product description, duty rates, quantity units, and any special tariff preference programs that may be applicable.
The product description for HS Code 29096020 includes aromatic alcohol peroxides, ether peroxides, ketone peroxides, and their halogenated, sulfonated, nitrated, or nitrosated derivatives. These compounds are used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing.
Aromatic alcohol peroxides are organic compounds that contain both an aromatic group and a peroxide functional group. Ether peroxides are similar compounds, but with an ether functional group. Ketone peroxides, on the other hand, contain a ketone group and a peroxide functional group.
The derivatives of these peroxides may undergo various chemical modifications, including halogenation, sulfonation, nitration, or nitrosation. These modifications can alter the properties and reactivity of the compounds, making them suitable for specific applications.
The bound / Most Favored Nation (MFN) duty rate for HS Code 29096020 is 5.5%. The MFN duty rate is the rate applied to imports from all trading partners, including countries that do not have preferential trade agreements with the importing country.
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. This principle of non-discrimination ensures fair and equal treatment for all trading partners.
The quantity unit for HS Code 29096020 is kilograms (KG). This unit of measurement is used to quantify the weight or mass of the imported or exported goods. It is important to accurately declare the quantity in kilograms to comply with customs regulations and facilitate trade documentation.
There are several special tariff preference programs applicable to imports classified under HS Code 29096020. These programs may provide duty-free treatment or reduced duty rates for eligible countries or regions. Here are some of the special tariff preference programs:
It is important for importers or exporters to research and understand the specific requirements and eligibility criteria for each special tariff preference program to take advantage of the benefits they offer.
HS Code 29096020 applies to imports and exports between various states within the United States. The importing and exporting states may vary depending on the specific trade transactions and business relationships.
When dealing with imports or exports classified under HS Code 29096020, it is crucial to comply with applicable customs regulations, documentation requirements, and any additional state-specific regulations.
HS Code 29096020 encompasses aromatic alcohol peroxides, ether peroxides, ketone peroxides, and their derivatives. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code is essential for successful international trade. Importers and exporters should stay updated with any changes in regulations and take advantage of the available trade benefits to facilitate their business activities.