HS Code 29199015: Triphenyl Phosphate Plasticizers
Triphenyl phosphate plasticizers, classified under HS Code 29199015, are chemicals used in various industries, primarily as flame retardants and plasticizers. These compounds are widely employed in the production of plastics, rubbers, and textiles to enhance their flexibility, durability, and fire resistance properties.
The HS Code 29199015 is an internationally recognized code used to classify and identify specific goods during international trade. It helps customs authorities and traders to categorize and track different products efficiently. In the case of Triphenyl phosphate plasticizers, this code is used to identify and monitor their import and export activities.
One of the key aspects of HS Code 29199015 is the bound/MFN (Most Favored Nation) duty rate. This rate signifies the import duty imposed on Triphenyl phosphate plasticizers when traded between countries. However, it is essential to note that the bound/MFN duty rate is free, meaning that no import duty is levied on these goods. This provides a significant advantage for traders as it eliminates additional costs and encourages international trade.
The quantity unit for Triphenyl phosphate plasticizers is kilograms (KG). This unit helps to standardize the measurement of the product during import and export processes, ensuring accurate calculations of tariffs, taxes, and other trade-related fees.
Furthermore, Triphenyl phosphate plasticizers enjoy special tariff preference programs in various countries. These programs provide additional benefits and exemptions to promote trade relations. Some of the countries offering these preferential treatments include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and others. These preferential rates may include duty-free treatment or reduced tariff rates, further incentivizing trade in Triphenyl phosphate plasticizers.
When it comes to importing Triphenyl phosphate plasticizers into the United States, specific states have been identified as major destinations. These states include Iowa and Montana. By understanding the importing states, traders can streamline their distribution and marketing strategies, ensuring efficient delivery and customer satisfaction.
the HS Code 29199015 plays a crucial role in identifying and regulating the trade of Triphenyl phosphate plasticizers. With its bound/MFN duty rate of free, special tariff preference programs, and identified importing states, this code facilitates smooth and cost-effective international trade. Whether used in the production of plastics, rubbers, or textiles, Triphenyl phosphate plasticizers continue to be an essential component in various industries worldwide.
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