HS Code 29212210: Hexamethylenediamine and Its Salts
Hexamethylenediamine and its salts, excluding Nylon salt, fall under the HS code 29212210. This article will provide an educational overview of this product, including its description, duty rates, quantity unit, and special tariff preference programs.
- Product Description: Hexamethylenediamine and its salts are derived from adipic acid. Adipic acid is a dicarboxylic acid commonly used in the production of nylon and other polymers. Hexamethylenediamine, also known as HMDA, is a colorless liquid that is primarily used as a monomer in the production of nylon 6,6.
The HS code 29212210 specifically covers hexamethylenediamine and its salts, excluding Nylon salt. This code helps classify and identify the product for import and export purposes.
- Bound / MFN Duty Rate: The bound or Most Favored Nation (MFN) duty rate for HS code 29212210 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 6.5% duty rate is applicable to imports of hexamethylenediamine and its salts.
It is important for importers and exporters to be aware of the duty rates associated with this HS code as it impacts the cost of trading this product internationally.
- Quantity Unit: The quantity unit for HS code 29212210 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of hexamethylenediamine and its salts being imported or exported.
The KG unit is commonly used globally and provides a standardized way of measuring the quantity of goods traded.
- Special Tariff Preference Programs: Hexamethylenediamine and its salts under HS code 29212210 are eligible for various special tariff preference programs. These programs offer reduced or duty-free treatment for imports from specific countries or regions. The following are some of the special rates provided under these programs:
- Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment. This includes countries such as A+, AU, BH, CA, CL, D, E, IL, J, JO, MA, MX, OM, P, and PE.
- Australia Special Rate: Australia offers a special rate for imports of hexamethylenediamine and its salts.
- Bahrain Special Rate: Bahrain provides a special rate for imports under this HS code.
- NAFTA for Canada: Imports from Canada receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
- Chile Special Rate: Chile offers a special rate for imports of hexamethylenediamine and its salts.
- Africa Growth and Opportunity Act (AGOA): Eligible countries under AGOA receive duty-free treatment for imports of this product.
- Caribbean Basin Initiative (CBI): Imports from countries under the CBI program receive duty-free treatment.
- Israel Special Rate: Israel provides a special rate for imports of hexamethylenediamine and its salts.
- Andean Trade Preference Act (ATPA): Eligible countries under ATPA receive duty-free treatment.
- Jordan Special Rate: Jordan offers a special rate for imports under this HS code.
- Morocco Special Rate: Morocco provides a special rate for imports of hexamethylenediamine and its salts.
- NAFTA for Mexico: Imports from Mexico receive duty-free treatment under NAFTA.
- Oman Special Rate: Oman offers a special rate for imports under this HS code.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Eligible countries under DR-CAFTA receive duty-free treatment.
- Peru Special Rate: Peru provides a special rate for imports of hexamethylenediamine and its salts.
- Singapore Special Rate: Singapore offers a special rate of 1.1% for imports under this HS code.
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties for specific goods.
HS code 29212210 represents hexamethylenediamine and its salts, excluding Nylon salt. It is classified under this code for import and export purposes. Importers and exporters should be aware of the duty rates, quantity unit, and special tariff preference programs associated with this HS code to facilitate their international trade activities.
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