The HS Code 29163912 refers to the product 4-Chloro-3,5-dinitrobenzoic acid and its esters. This code is used to classify and track the import and export of this specific chemical compound. In this article, we will delve into the details of this HS Code, including its description, duty rates, quantity unit, and special tariff preference programs.
4-Chloro-3,5-dinitrobenzoic acid and its esters are chemical compounds widely used in various industries. These compounds find applications in pharmaceuticals, dyes, pigments, and other chemical synthesis processes. They are known for their diverse chemical properties and play a significant role in the production of various products.
The bound or MFN (Most Favored Nation) duty rate for HS Code 29163912 is 6.5%. This duty rate is applicable whenever a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners are subject to the same duty rate. This rate helps maintain fair trade practices and promotes equal opportunities for all countries involved.
The quantity unit for HS Code 29163912 is kilograms (KG). This unit of measurement is universally recognized and allows for easy tracking and documentation of the quantity of 4-Chloro-3,5-dinitrobenzoic acid and its esters being imported or exported.
HS Code 29163912 is eligible for various special tariff preference programs. These programs provide specific duty rates or duty-free treatment for countries participating in them. Here are the details of the special tariff preference programs applicable to this HS Code:
These special tariff preference programs aim to promote trade, encourage economic growth, and foster international cooperation by providing favorable duty treatment for 4-Chloro-3,5-dinitrobenzoic acid and its esters.
HS Code 29163912 facilitates the import and export of 4-Chloro-3,5-dinitrobenzoic acid and its esters to and from various US states. The specific states involved in importing and exporting this product may vary depending on market demand and trade agreements. However, some of the prominent US states engaged in the import and export of this HS Code include:
These states have well-established chemical industries and serve as major hubs for international trade, making them key players in the import and export of 4-Chloro-3,5-dinitrobenzoic acid and its esters.
HS Code 29163912 represents 4-Chloro-3,5-dinitrobenzoic acid and its esters, and it plays a vital role in international trade. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS Code is crucial for importers, exporters, and regulatory authorities involved in the trade of this chemical compound.