The HS Code 29213010 refers to a specific category of products known as Cyclanic, Cyclenic, Cycloterpenic Mono- or Polyamines, Derivatives, and Salts. These substances are derived from any aromatic compound as described in additional US note 3, section VI. It is important to understand the details and implications of this HS code for importers and exporters.
When it comes to international trade, countries often impose certain taxes or duties on imported goods. The Bound/Most Favored Nation (MFN) duty rate for the product under HS Code 29213010 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 quantity unit for this HS code is kilograms (KG), which indicates that the product is measured and traded based on weight.
However, there are special tariff preference programs that offer reduced or even duty-free rates for imports falling under this HS code. The following countries and trade programs provide special rates for the product:
These special tariff preference programs aim to promote trade and economic growth by providing benefits to specific countries or regions.
Importing and exporting under HS Code 29213010 can vary depending on the states involved in the trade. The importing US states and exporting US states play a crucial role in determining the procedures and regulations for the product.
Understanding the HS Code 29213010 and its related information is essential for importers, exporters, and trade authorities. It helps in ensuring compliance with relevant customs regulations and taking advantage of any available tariff preference programs.