Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29171910 - Ferrous Fumarate: Product Description, Duty Rates, and Special Tariff Preference Programs

Ferrous fumarate is a product classified under HS Code 29171910. This code is used to categorize and identify specific goods for international trade. In this article, we will delve into the product description, duty rates, and special tariff preference programs associated with Ferrous Fumarate.

Product Description

Ferrous fumarate is a compound that is commonly used as an iron supplement. It is a source of iron that helps in the prevention and treatment of iron deficiency anemia. This product is available in the form of a powder or granules and is typically packaged in kilograms (KG).

Duty Rates

The bound or Most Favored Nation (MFN) duty rate for Ferrous Fumarate is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The duty rate of 6.5% is applicable to all imports of Ferrous Fumarate.

Special Tariff Preference Programs

Ferrous Fumarate qualifies for several special tariff preference programs, which provide exemptions or reductions in duty rates for specific trading partners. The following countries or regions have special tariff rates for Ferrous Fumarate:

• Australia (A): Generalized System of Preferences (GSP) - duty-free treatment
• Australia (AU): Australia Special Rate - specific rate determined
• Bahrain (BH): Bahrain Special Rate - specific rate determined
• Canada (CA): NAFTA - duty-free treatment
• Chile (CL): Chile Special Rate - specific rate determined
• European Union (E): Caribbean Basin Initiative (CBI) - duty-free treatment
• Israel (IL): Israel Special Rate - duty-free treatment
• Japan (J): Andean Trade Preference Act (ATPA) - duty-free treatment
• Jordan (JO): Jordan Special Rate - specific rate determined
• Korea (K): Agreement on Trade in Pharmaceutical Products - duty-free treatment
• Morocco (MA): Morocco Special Rate - specific rate determined
• Mexico (MX): NAFTA - duty-free treatment
• Oman (OM): Oman Special Rate - specific rate determined
• Peru (P): Dominican Republic-Central American Special Rate (DR-CAFTA) - specific rate determined
• Peru (PE): Peru Special Rate - specific rate determined
• Singapore (SG): Singapore Special Rate - specific rate determined

These special tariff preference programs aim to promote trade and economic cooperation between countries. They provide benefits to both importing and exporting countries, making the trade of Ferrous Fumarate more accessible and cost-effective.

Importing and Exporting US States

As for the importing and exporting of Ferrous Fumarate to and from the United States, there are no specific states mentioned in the provided data. However, it is important to note that the distribution and trade of Ferrous Fumarate can occur nationwide across all states of the United States.

HS Code 29171910 represents Ferrous Fumarate, a product used as an iron supplement. This article has provided a comprehensive overview of the product description, duty rates, and special tariff preference programs associated with Ferrous Fumarate. By understanding this information, importers and exporters can navigate international trade regulations and take advantage of the available benefits and opportunities.