HS Code 29142220 corresponds to the product Methylcyclohexanone, a chemical compound used in various industries. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. We will also discuss the importing and exporting states within the United States.
Methylcyclohexanone is a colorless liquid with a distinct odor. It is primarily used as a solvent in industries such as paints, coatings, adhesives, and pharmaceuticals. With its chemical formula C7H12O, Methylcyclohexanone falls under HS Code 29142220.
The bound or Most Favored Nation (MFN) duty rate for HS Code 29142220 is 5.5%. The MFN duty rate applies whenever a country reduces a trade barrier or opens up a market. This means that the same duty rate of 5.5% must be applied to all trading partners for the import or export of Methylcyclohexanone.
The quantity unit for HS Code 29142220 is kilograms (KG). This unit is used to measure the weight of Methylcyclohexanone during import or export transactions.
There are several special tariff preference programs available for Methylcyclohexanone under HS Code 29142220. These programs provide specific benefits and lower or eliminate duty rates for importing countries. The following countries and programs offer preferential treatment for Methylcyclohexanone:
These special tariff preference programs aim to promote trade and provide incentives for countries to import Methylcyclohexanone.
Within the United States, Methylcyclohexanone is imported and exported from various states. As per the available data, the following states are involved in the import and export of Methylcyclohexanone:
These states play a significant role in the trade of Methylcyclohexanone within the United States.
HS Code 29142220 represents Methylcyclohexanone, a versatile chemical compound used in multiple industries. The bound / MFN duty rate for this HS code is 5.5%. It is measured in kilograms (KG) and is eligible for various special tariff preference programs. Importing and exporting states, such as West Virginia, actively participate in the trade of Methylcyclohexanone. Understanding the details of this HS code is crucial for businesses and individuals involved in the import and export of Methylcyclohexanone.