The HS Code 29159050 refers to nonaromatic anhydrides, halides, peroxides, and peroxyacids of saturated acyclic monocarboxylic acids and their derivatives, not elsewhere specified or included. This code is used to classify and track these specific chemicals in international trade.
These substances are commonly used in various industries such as pharmaceuticals, agriculture, manufacturing, and research. They have important applications in the production of drugs, pesticides, polymers, and other chemical compounds.
When importing or exporting these products, it is essential to understand the regulations and tariffs associated with the HS Code 29159050. Let's explore the details:
The bound / MFN (Most Favored Nation) duty rate for HS Code 29159050 is 3.8%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to the same goods or services from all its trading partners.
The quantity unit for HS Code 29159050 is kilograms (KG). This unit is used to measure the weight of the imported or exported products.
Several special tariff preference programs offer exemptions or reduced duty rates for products classified under HS Code 29159050. These programs include:
The HS Code 29159050 is applicable to imports and exports involving various US states. The specific states involved in the import and export processes may vary depending on the trading partners and agreements. It is important to consult the relevant trade documents and regulations for accurate information regarding the importing and exporting US states for products classified under this HS Code.
HS Code 29159050 is used to classify nonaromatic anhydrides, halides, peroxides, and peroxyacids of saturated acyclic monocarboxylic acids and their derivatives. Understanding the details of this code, including the product description, duty rates, quantity unit, and special tariff preference programs, is crucial for businesses engaged in international trade involving these chemical substances.