The HS Code 29242116 refers to aromatic ureines and their derivatives pesticides that are not elsewhere specified or included (nesoi). This code is used to classify and identify these specific types of pesticides in international trade. It is essential for importers, exporters, and customs authorities to be familiar with this HS code to ensure accurate classification and appropriate trade regulations.
The product description for the HS Code 29242116 is "Aromatic ureines and their derivatives pesticides, nesoi." Aromatic ureines are chemical compounds that have unique properties, making them effective in pest control and crop protection. These pesticides are commonly used in agriculture, horticulture, and other industries where pest management is necessary.
The bound or MFN (Most Favored Nation) duty rate for the HS Code 29242116 is 6.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate for the same goods or services from all its trading partners. It is important for traders to consider this duty rate when importing or exporting aromatic ureines and their derivatives pesticides.
The quantity unit for the HS Code 29242116 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the pesticides being traded. It is crucial to provide accurate information regarding the quantity of goods to comply with customs regulations and facilitate international trade.
There are also special tariff preference programs associated with the HS Code 29242116. Certain countries and regions are eligible for duty-free treatment or have special rates for importing these pesticides. The countries and programs include:
Traders should be aware of these special tariff preference programs to take advantage of the duty-free treatment or special rates offered by participating countries and regions. It can significantly impact the cost of importing or exporting aromatic ureines and their derivatives pesticides.
In terms of importing and exporting the HS Code 29242116, it is relevant to consider the specific states involved. The importing US states and the exporting US states play a crucial role in international trade. Understanding the regulations, requirements, and market conditions of these states can contribute to a successful trading experience.
the HS Code 29242116 represents aromatic ureines and their derivatives pesticides. This code is essential for accurate classification, duty rate determination, and compliance with trade regulations. Traders should be aware of the special tariff preference programs available and consider the importing and exporting US states' regulations for a smooth and successful trading process.