The Harmonized System (HS) Code 29144090 refers to a specific classification of goods for international trade. In this article, we will delve into the details of this HS code, its product description, duty rates, quantity unit, and special tariff preference programs associated with it.
HS Code 29144090 represents nonaromatic ketone-alcohols and ketone-aldehydes, nesoi. This classification includes various ketone compounds that do not possess aromatic properties. Ketone-alcohols and ketone-aldehydes are organic compounds widely used in different industries, including pharmaceuticals, perfumes, flavors, and solvents production.
The bound or most-favored-nation (MFN) duty rate for HS Code 29144090 is 4.8%. The MFN principle ensures that when a country reduces trade barriers or opens up a market, it must do so for the same goods or services from all its trading partners. This duty rate is applicable each time goods under this HS code are imported.
The quantity unit for HS Code 29144090 is kilograms (KG). This unit of measurement is commonly used to determine the weight of the goods being traded. It allows for standardized calculations and easy comparison of quantities across different shipments.
Several special tariff preference programs are associated with HS Code 29144090. These programs provide specific benefits and exemptions for importing or exporting goods classified under this HS code. The following are some of the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade, foster economic cooperation, and provide advantages to specific countries or regions when importing or exporting goods classified under HS Code 29144090.
HS Code 29144090 is applicable to both importing and exporting goods from the United States. It is important to note that the specific states involved in import or export activities may vary depending on the trading partners and market demands. Some of the commonly involved US states in importing and exporting goods under this HS code include:
These states possess significant transportation hubs, international ports, and diverse industries, making them key players in the import and export of goods classified under HS Code 29144090.
HS Code 29144090 represents nonaromatic ketone-alcohols and ketone-aldehydes, nesoi. It is important for traders and businesses to understand the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code to effectively navigate international trade and take advantage of available benefits and exemptions.