The HS Code 29214525 refers to a specific product description: a mixture of 5- & 8-amino-2-naphthalenesulfonic acid, 2-naphthalamine-o-sulfonic acid, and o-naphthionic acid (1-amino-2-naphthalenesulfonic acid). This article aims to provide a comprehensive understanding of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product described by the HS Code 29214525 is a mixture of three different acids: 5- & 8-amino-2-naphthalenesulfonic acid, 2-naphthalamine-o-sulfonic acid, and o-naphthionic acid (1-amino-2-naphthalenesulfonic acid). These acids are primarily used in various industrial applications, including dye manufacturing, chemical synthesis, and research laboratories.
The bound or MFN (Most Favored Nation) duty rate for HS Code 29214525 is free. 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. Therefore, the import of this product does not incur any duty charges, making it favorable for international trade.
The quantity unit for HS Code 29214525 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight or mass of goods being imported or exported. It allows for standardized calculations and accurate record-keeping during customs procedures.
HS Code 29214525 is eligible for various special tariff preference programs, granting certain countries preferential treatment or duty-free access to the product. The following programs provide special rates or duty-free treatment for imports under this HS Code:
These special tariff preference programs aim to promote trade, economic development, and cooperation among participating countries by reducing or eliminating import duties on specific products.
As the HS Code 29214525 is applicable to international trade, it is essential to consider the importing and exporting US states involved in these transactions. The specific states involved may vary depending on the trade agreements, market demand, and supply chain dynamics. However, some common importing and exporting US states for products under this HS Code include:
Importing US States:
Exporting US States:
These states play a significant role in the import and export of goods, including those falling under HS Code 29214525.
HS Code 29214525 refers to a mixture of 5- & 8-amino-2-naphthalenesulfonic acid, 2-naphthalamine-o-sulfonic acid, and o-naphthionic acid (1-amino-2-naphthalenesulfonic acid). This article provided an extensive overview of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs. Understanding these details is crucial for businesses and individuals engaged in international trade.