Aromatic carboxylic acids with alcohol function, without other oxygen functions, and their derivatives fall under HS code 29181920. This code is used to classify and identify these specific types of chemical compounds in international trade. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states related to HS code 29181920.
The product description of HS code 29181920 refers to aromatic carboxylic acids that contain an alcohol function and do not have any other oxygen functions. Additionally, the derivatives of these acids are also included under this HS code. This classification is further described in additional U.S. note 3 to section VI, which provides more specific information and guidelines regarding the classification of these products.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS code 29181920 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate for the same goods or services from all its trading partners. It is important for importers and exporters to be aware of this duty rate when conducting international trade involving these products.
The quantity unit for HS code 29181920 is kilograms (KG). This means that the weight of the products being imported or exported under this HS code is measured in kilograms. It is crucial for businesses and authorities to accurately measure and declare the quantity of these products to ensure compliance with trade regulations.
There are several special tariff preference programs available for products classified under HS code 29181920. These programs provide certain benefits and exemptions from duty rates for eligible countries. The following are some of the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic development by providing preferential treatment to eligible countries and regions.
For importers in the United States, HS code 29181920 is relevant for the following states:
These states are actively involved in importing and trading aromatic carboxylic acids with alcohol function and their derivatives classified under this HS code.
On the other hand, the exporting US states for products under HS code 29181920 are not specified in the provided data. However, it is important for businesses to consider the exporting capabilities and regulations of different states when engaging in international trade.
HS code 29181920 classifies aromatic carboxylic acids with alcohol function, without other oxygen functions, and their derivatives. This code is used to facilitate international trade by providing a standardized classification system. Importers and exporters need to be aware of the duty rates, quantity units, special tariff preference programs, and relevant US states associated with this HS code to ensure smooth and compliant trade operations.