When it comes to international trade, it is essential to have a standardized system in place to classify products. One such system is the Harmonized System (HS) code, which is used worldwide to categorize goods for customs and statistical purposes. In this article, we will delve into the HS Code 29143990, which pertains to aromatic ketones without other oxygen function, NESOI.
The product description for HS Code 29143990 is quite specific. It refers to aromatic ketones that do not have any other oxygen function. Aromatic ketones are organic compounds that contain a ketone functional group attached to an aromatic ring. The "NESOI" abbreviation stands for "Not Elsewhere Specified or Included," indicating that this HS code covers aromatic ketones that do not fall under any other specific category.
When it comes to the duty rate for importing products classified under HS Code 29143990, it is currently set at 5.5%. However, it is important to note that this rate can vary depending on trade agreements and special tariff preference programs between countries.
Speaking of trade agreements and special tariff preference programs, a country may offer certain benefits to its trading partners. In the case of HS Code 29143990, there are several special tariff preference programs in place. This includes duty-free treatment for countries such as Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and others. These programs aim to promote trade and reduce barriers for specific goods.
Now, let's take a closer look at the quantity unit for HS Code 29143990, which is kilograms (KG). This means that when importing or exporting aromatic ketones without other oxygen function, the quantity will be measured in kilograms. It is crucial for traders to accurately measure and declare the quantity of goods to comply with customs regulations.
When it comes to the geographical aspects of HS Code 29143990, it is interesting to note that the exporting US states for this product are not specified. However, West Virginia is mentioned three times as an importing US state. This indicates that West Virginia has a demand for aromatic ketones without other oxygen function and is actively involved in the importation of such products.
HS Code 29143990 classifies aromatic ketones without other oxygen function, NESOI. It has a duty rate of 5.5%, which may vary depending on trade agreements and special tariff preference programs. The quantity unit for this HS code is kilograms (KG), and it is important to accurately measure and declare the quantity of goods. West Virginia stands out as an importing US state for this product. Understanding HS codes and their specific product descriptions is vital for international trade and customs compliance.