HS Code 29126000: Product Description Paraformaldehyde
Paraformaldehyde is a chemical compound that falls under HS Code 29126000. This code is used to classify and identify the specific product for trade purposes. HS codes are standardized codes that are used internationally to ensure uniformity and consistency in the classification of goods.
Paraformaldehyde is a white, crystalline solid that is often used as a disinfectant, preservative, and in the production of various chemicals and plastics. It is a polymer of formaldehyde and is commonly referred to as polyoxymethylene or POM.
The bound or MFN (Most Favored Nation) duty rate for HS Code 29126000 is 5.1%. This means that whenever 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 duty rate is the percentage of the product's value that is imposed as a tax or fee when it is imported or exported.
The quantity unit for Paraformaldehyde is kilograms (KG). This unit is used to measure the weight or mass of the product. Kilograms are a standard unit of measurement commonly used in international trade.
Paraformaldehyde is eligible for special tariff preference programs in various countries. These programs offer preferential treatment in terms of duty rates or exemptions for certain products. For HS Code 29126000, the following special tariff preference programs apply:
- Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products.
- Australia Special Rate: Australia offers a special rate for Paraformaldehyde.
- Bahrain Special Rate: Bahrain offers a special rate for Paraformaldehyde.
- NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), Paraformaldehyde is eligible for duty-free treatment when traded with Canada.
- Chile Special Rate: Chile offers a special rate for Paraformaldehyde.
- Caribbean Basin Initiative (CBI): This program provides duty-free treatment for eligible products from certain Caribbean countries.
- Israel Special Rate: Israel offers duty-free treatment for Paraformaldehyde.
- Andean Trade Preference Act (ATPA): This program provides preferential treatment for eligible products from certain Andean countries.
- Jordan Special Rate: Jordan offers a special rate for Paraformaldehyde.
- Morocco Special Rate: Morocco offers a special rate for Paraformaldehyde.
- NAFTA for Mexico: Under NAFTA, Paraformaldehyde is eligible for duty-free treatment when traded with Mexico.
- Oman Special Rate: Oman offers a special rate for Paraformaldehyde.
- Dominican Republic-Central American Special Rate (DR-CAFTA): This program provides preferential treatment for eligible products from certain Central American countries and the Dominican Republic.
- Peru Special Rate: Peru offers a special rate for Paraformaldehyde.
- Singapore Special Rate: Singapore offers a special rate for Paraformaldehyde.
When importing Paraformaldehyde into the United States, the following states are commonly involved in the trade:
- West Virginia
It is worth noting that Paraformaldehyde may also be exported from the United States to other states or countries.
HS Code 29126000 refers to Paraformaldehyde, a chemical compound with various applications. This code is used for the classification and identification of the product in international trade. The bound or MFN duty rate for this code is 5.1%, and the quantity unit is kilograms (KG). Paraformaldehyde is eligible for special tariff preference programs in several countries, offering preferential treatment in terms of duty rates or exemptions. When importing Paraformaldehyde into the United States, it is commonly associated with trade in West Virginia.
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