m-Aminobenzoic acid, technical, and other specified aromatic amino-acids and their esters, except those with more than one oxygen function, fall under HS Code 29224910. This code is used to classify and identify these specific chemicals in international trade.
The Harmonized System (HS) is an international nomenclature for the classification of products. It is used by customs authorities around the world to identify and categorize goods in order to apply tariffs, quotas, and other trade regulations. The HS Code 29224910 helps ensure uniformity and consistency in trade documentation and facilitates international trade by providing a common language for product classification.
The product covered by HS Code 29224910 is m-Aminobenzoic acid, technical, and other specified aromatic amino-acids and their esters, except those with more than one oxygen function. m-Aminobenzoic acid is a chemical compound commonly used in the production of dyes, pharmaceuticals, and UV filters. It is also known as 3-Aminobenzoic acid or PABA (p-AminoBenzoic Acid).
Other specified aromatic amino-acids and their esters refer to similar chemical compounds with aromatic structures and amino acid functionalities. These compounds have various industrial applications, including in the production of cosmetics, pharmaceuticals, and polymers.
The bound or Most Favored Nation (MFN) duty rate for HS Code 29224910 is 5.8%. The MFN duty rate is the rate applied to imports from all trading partners without any preferential treatment. It ensures that every country applies the same duty rate to the same goods or services from all its trading partners.
When 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. This principle of non-discrimination helps promote fair and equal trade opportunities among countries.
The quantity unit for HS Code 29224910 is kilograms (KG). This unit of measurement is used to quantify the weight or mass of the imported or exported product. It provides a standardized and universally understood metric for determining the quantity of goods being traded.
HS Code 29224910 is eligible for various special tariff preference programs, which provide preferential treatment or duty-free access to certain countries or regions. These programs aim to promote economic development, support disadvantaged countries, and foster international trade relations.
The following special tariff preference programs apply to imports classified under HS Code 29224910:
These special tariff preference programs provide importers with reduced or exempted duty rates, making trade more accessible and cost-effective.
For HS Code 29224910, the data provided does not specify the exporting US states. However, it indicates that Puerto Rico is an importing US state for this product. Puerto Rico is an unincorporated territory of the United States and is subject to US trade regulations and customs procedures.
HS Code 29224910 is used to classify m-Aminobenzoic acid, technical, and other specified aromatic amino-acids and their esters, except those with more than one oxygen function. This code helps facilitate international trade by providing a standardized classification system for these chemicals. Importers and exporters can benefit from special tariff preference programs and should be aware of the duty rates and quantity units associated with this HS code.