The HS Code 29147010 refers to specified aromatic halogenated, sulfonated, nitrated, or nitrosated derivatives of ketones and quinones. This code is used to classify this particular type of product for international trade purposes. Understanding the HS Code is essential for importers, exporters, and customs authorities to ensure accurate categorization and appropriate tariffs for these goods. In this article, we will explore the details of HS Code 29147010 and its implications in international trade.
The product description for HS Code 29147010 is specified aromatic halogenated, sulfonated, nitrated, or nitrosated derivatives of ketones and quinones. This includes derivatives of ketones and quinones that have been chemically modified with halogen, sulfonate, nitrate, or nitrosate groups. These modifications enhance the properties and applications of the original ketones and quinones, making them suitable for various industrial purposes.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29147010 is 5.5%. The MFN duty rate is the tariff rate applied to imported goods from a particular country. This rate remains constant unless a country lowers its trade barriers or opens up its market, in which case it must do so for the same goods or services from all its trading partners. The 5.5% duty rate is applicable to all imports of specified aromatic halogenated, sulfonated, nitrated, or nitrosated derivatives of ketones and quinones.
The quantity unit for HS Code 29147010 is kilograms (KG). This means that the measurement and pricing of the product are based on kilograms. Importers and exporters need to accurately declare the quantity of goods in kilograms to comply with customs regulations and determine appropriate tariffs and duties.
HS Code 29147010 is eligible for various special tariff preference programs, providing certain countries with preferential treatment or duty-free access. The following countries have specific tariff preferences for this HS Code:
These special tariff preference programs aim to promote trade and economic cooperation between countries by offering reduced or eliminated tariffs for specific goods. Importers and exporters should familiarize themselves with the eligibility criteria and requirements of these programs to take advantage of the benefits they offer.
HS Code 29147010 can be imported or exported from various states within the United States. The specific importing and exporting states may vary depending on the trade flows and market demand for the product. It is important for businesses to consider the logistics and transportation costs when importing or exporting goods classified under this HS Code.
HS Code 29147010 represents specified aromatic halogenated, sulfonated, nitrated, or nitrosated derivatives of ketones and quinones. This code ensures proper classification and accurate determination of tariffs for international trade. Importers, exporters, and customs authorities must be familiar with the details of this HS Code to facilitate smooth and compliant trade operations.