Aniline derivatives and their salts are a category of products classified under the HS Code 29214265. This article aims to provide an extensive understanding of this HS Code, including its product description, duty rates, quantity units, and special tariff preference programs.
According to the additional U.S. note 3 to section VI, the HS Code 29214265 encompasses aniline derivatives and their salts. Aniline derivatives are organic compounds that are derived from aniline, a colorless liquid widely used in the production of dyes, pharmaceuticals, and other chemical products. The salts of aniline derivatives refer to the chemical compounds formed by the reaction of aniline derivatives with acids.
The bound or most-favored-nation (MFN) duty rate for the HS Code 29214265 is 6.5%. This means that every time a country reduces trade barriers or opens up its market, it must apply the same duty rate of 6.5% to the import of aniline derivatives and their salts from all its trading partners.
The quantity unit for the import and export of aniline derivatives and their salts is kilograms (KG). This unit of measurement allows for standardized calculations and facilitates international trade transactions.
The HS Code 29214265 is eligible for various special tariff preference programs, which offer reduced or duty-free treatment for imports of aniline derivatives and their salts. These programs are as follows:
These special tariff preference programs provide trade benefits to specific countries or regions and aim to promote economic development, foster international cooperation, and strengthen trade relations.
The import and export of aniline derivatives and their salts under the HS Code 29214265 involve various US states. The specific states involved in importing aniline derivatives and their salts include [insert relevant states]. Similarly, the US states engaged in exporting these products include [insert relevant states]. These transactions contribute to the overall trade dynamics and economic growth of the respective states.
the HS Code 29214265 covers aniline derivatives and their salts. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS Code is crucial for businesses engaged in the import and export of these products. Compliance with trade regulations and leveraging special tariff preference programs can enhance competitiveness and facilitate international trade.