HS Code 29124925 refers to a specific category of chemical compounds known as Other Aromatic Aldehyde-Ethers, Aldehyde-Phenols, and Aldehydes with Other Oxygen Function. This code is used internationally to classify and regulate the import and export of these substances. Understanding the HS code and its associated product description is crucial for businesses and governments involved in international trade.
The product description for HS Code 29124925 encompasses a wide range of aromatic aldehydes that contain ether, phenol, or other oxygen functional groups. These compounds are commonly used in various industries, including pharmaceuticals, perfumes, flavorings, and chemical synthesis. Examples of such compounds include vanillin, anisaldehyde, and salicylaldehyde.
When importing or exporting goods classified under HS Code 29124925, it is essential to be aware of the relevant duty rates. The bound or Most Favored Nation (MFN) duty rate for this code 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 similar goods or services from all its trading partners.
The quantity unit for HS Code 29124925 is kilograms (KG), indicating that the measurement of these compounds is typically done by weight.
Several special tariff preference programs apply to products falling under HS Code 29124925. These programs provide duty-free treatment or special rates to specific countries. The following countries and trade agreements offer preferential treatment for this HS code:
Now, let's delve deeper into the implications of HS Code 29124925 for different US states.
These US states are involved in importing products classified under HS Code 29124925. The reasons for their import activities can vary, but it is clear that there is a demand for aromatic aldehyde-ethers, aldehyde-phenols, and aldehydes with other oxygen function in West Virginia.
Unfortunately, the specific exporting US states for products falling under HS Code 29124925 are not mentioned in the available data. However, it is important to note that the export of these compounds contributes to the global trade of aromatic aldehydes and plays a significant role in various industries worldwide.
HS Code 29124925 represents a category of Other Aromatic Aldehyde-Ethers, Aldehyde-Phenols, and Aldehydes with Other Oxygen Function. This code is used to regulate the international trade of these chemical compounds. Understanding the product description, duty rates, and special tariff preference programs associated with this HS code is essential for businesses and governments engaged in import and export activities. Additionally, being aware of the importing and exporting US states can provide insights into the demand and supply dynamics of aromatic aldehydes in different regions.