The HS Code 29214405 refers to a specific product description, namely 4,4'-Bis(alpha,alpha-dimethlbenzyl)diphenylamine; and N-nitrosodiphenylamine. This code is used to classify and categorize the import and export of this particular product. In this article, we will explore the details of this HS code, including its bound and MFN duty rate, quantity unit, and special tariff preference programs.
The product description associated with HS Code 29214405 is 4,4'-Bis(alpha,alpha-dimethlbenzyl)diphenylamine; and N-nitrosodiphenylamine. This description provides a clear identification of the specific product being traded internationally. It is essential for customs authorities and traders to accurately classify products using the HS code to ensure proper documentation and adherence to trade regulations.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29214405 is free. This means that countries applying this duty rate must provide the same trade barrier reduction or market access to all their trading partners for the same goods or services. By imposing a free duty rate, countries aim to promote fair trade practices and prevent discrimination among trading partners.
The quantity unit for HS Code 29214405 is kilograms (KG). This unit of measurement is commonly used to determine the weight or quantity of the product being imported or exported. It helps in calculating the total value of the goods and determining any applicable taxes or tariffs based on weight.
HS Code 29214405 is eligible for various special tariff preference programs, which provide specific benefits and exemptions to certain countries or regions. The following are the special rates and programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between countries, encourage development, and provide incentives for certain regions or countries to engage in international trade.
The importing and exporting of goods classified under HS Code 29214405 involves various US states. The specific states involved can vary depending on the trading partners and the demand for the product. Some of the notable importing and exporting US states for this HS code include:
The trade of products classified under HS Code 29214405 contributes to the economic activities and interdependence between US states and their trading partners.
HS Code 29214405 represents 4,4'-Bis(alpha,alpha-dimethlbenzyl)diphenylamine; and N-nitrosodiphenylamine. Understanding this HS code is crucial for accurate classification, documentation, and compliance with trade regulations. The bound / MFN duty rate for this code is free, and it is traded in kilograms. Additionally, there are several special tariff preference programs applicable to this HS code, offering benefits and exemptions to specific countries or regions. The import and export of this product involve various US states, contributing to economic activities and trade relations.