HS Code 29144040 refers to a specific category of products known as Aromatic Ketone-Alcohols and Ketone-Aldehydes, nesoi. These products are classified under this Harmonized System (HS) code for the purpose of international trade and customs regulations.
Aromatic ketone-alcohols and ketone-aldehydes, nesoi, are chemical compounds that belong to the broader category of ketones. These substances are characterized by their unique aromatic properties and are commonly used in various industries such as pharmaceuticals, cosmetics, and fragrances.
The bound or most-favored nation (MFN) duty rate for HS Code 29144040 is 5.5%. 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 of 5.5% is applicable to all imports of aromatic ketone-alcohols and ketone-aldehydes, nesoi, regardless of the country of origin.
The quantity unit for measuring imports and exports of products classified under HS Code 29144040 is kilograms (KG). This unit is used to determine the weight of the aromatic ketone-alcohols and ketone-aldehydes being traded between countries.
Several special tariff preference programs exist for imports of products classified under HS Code 29144040. These programs offer different levels of tariff benefits or duty-free treatment based on the originating country. Some of the notable programs include:
HS Code 29144040 applies to imports and exports of aromatic ketone-alcohols and ketone-aldehydes between various US states. The specific states involved in the import and export processes may vary depending on the trading activities and preferences of businesses and individuals.
It is important for traders and businesses involved in the import and export of products classified under HS Code 29144040 to be aware of the applicable duty rates and special tariff preference programs. Understanding these regulations can help optimize trade activities and ensure compliance with international customs requirements.