Plasticizers play a crucial role in various industries, including the production of plastics, rubber, and other polymer-based materials. They are substances that are added to these materials to improve their flexibility, durability, and workability. One such type of plasticizer is aromatic polycarboxylic acids and their derivatives.
The HS Code 29173920 specifically refers to plasticizers of aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids, and their derivatives. These substances are used extensively in the manufacturing of a wide range of products, including PVC pipes, cables, automotive parts, and adhesives.
The Harmonized System (HS) Code is an international standard for classifying and coding products for trade purposes. It is used by customs authorities to determine the appropriate tariff rates and other regulations applicable to specific products. The HS Code 29173920 is specific to plasticizers of aromatic polycarboxylic acids and provides valuable information for importers, exporters, and regulatory authorities.
Each part of the HS Code has a specific meaning:
The HS Code provides a standardized and internationally recognized system for classifying and identifying products, which simplifies trade procedures and ensures consistency in tariff rates across all trading partners.
When importing products classified under HS Code 29173920, it is important to consider the associated import duties. The bound or Most Favored Nation (MFN) duty rate for this code is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
However, there are several special tariff preference programs that offer reduced or duty-free treatment for products classified under HS Code 29173920. Some of these programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products. Importers should carefully review the eligibility criteria and requirements of these programs to take advantage of the reduced duty rates.
When it comes to importing products classified under HS Code 29173920 into the United States, there are specific states that are commonly associated with these imports. These states include Mississippi, Rhode Island, and West Virginia. Importers located in these states should be aware of the relevant regulations, customs procedures, and documentation requirements for importing plasticizers of aromatic polycarboxylic acids.
On the other hand, when exporting products classified under HS Code 29173920 from the United States, there are no specific states mentioned in the available data. However, it is important for exporters to comply with all applicable export regulations and requirements to ensure smooth and legal trade.
the HS Code 29173920 plays a crucial role in the classification, regulation, and trade of plasticizers of aromatic polycarboxylic acids. Importers and exporters should familiarize themselves with the associated import duties, special tariff preference programs, and relevant importing and exporting states to effectively navigate the international trade of these products.