The HS Code 29154050 refers to nonaromatic salts and esters of chlorocetic acids, nesoi. This code is used to classify and identify specific products for international trade purposes. Understanding the HS code is essential for importers, exporters, customs officials, and other stakeholders involved in international trade.
The product description of HS Code 29154050 includes nonaromatic salts and esters of chlorocetic acids. Nonaromatic salts are chemical compounds formed by the combination of nonaromatic acids and bases. Esters of chlorocetic acids are organic compounds derived from chlorocetic acids through the replacement of the hydroxyl group with an alkyl or aryl group.
The bound/Most Favored Nation (MFN) duty rate for HS Code 29154050 is 3.7%. The MFN duty rate is the rate applied to imports from all trading partners. It ensures that any trade barrier or market opening is applied equally to all countries. This promotes fairness and non-discrimination in international trade.
The quantity unit for HS Code 29154050 is kilograms (KG). This unit of measurement is commonly used to determine the weight or quantity of the product being traded.
There are several special tariff preference programs applicable to HS Code 29154050. These programs offer preferential treatment, such as duty-free or reduced tariff rates, to specific countries or regions. The countries/regions eligible for special tariff preference programs for HS Code 29154050 include:
When importing products under HS Code 29154050 to the United States, the exporting countries/states can vary. Similarly, when exporting products under this HS code from the United States, the importing countries/states can vary. It is important for traders to be aware of the specific regulations, documentation, and requirements for each country involved in the trade.
Overall, HS Code 29154050 covers nonaromatic salts and esters of chlorocetic acids, nesoi. Understanding this code and its related tariff rates and trade preferences can greatly facilitate international trade transactions and ensure compliance with customs regulations.