The HS Code 29242145 refers to aromatic ureines and their derivatives, including the salts thereof. This code is used to classify these products for international trade purposes. In this article, we will explore more about this HS code, its product description, duty rates, quantity unit, and special tariff preference programs.
Aromatic ureines are organic compounds that contain a ureine functional group, which is a cyclic urea derivative. These compounds are used in various industries, including pharmaceuticals, dyes, and intermediates for chemical synthesis. The derivatives of aromatic ureines can have different chemical structures and properties, making them versatile for different applications.
Under the HS Code 29242145, the salts of aromatic ureines are also included. Salts are formed when an acid reacts with an aromatic ureine, resulting in a compound with different chemical properties. These salts may have specific uses or applications in various industries.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 29242145 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate is applied to the import value of the products.
The quantity unit for products classified under HS Code 29242145 is kilograms (KG). This unit is used to measure the weight of the imported or exported goods. It provides a standardized measurement for trade transactions and helps in the calculation of duties, taxes, and transportation costs.
Products classified under HS Code 29242145 may be eligible for special tariff preference programs, which can reduce or eliminate the duty rates. Here are some of the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic development between countries by providing preferential treatment to specific trading partners or beneficiary countries.
The HS Code 29242145 applies to imports and exports of aromatic ureines and their derivatives in the United States. The importing US states can vary depending on the demand and consumption patterns of these products. Similarly, the exporting US states can vary based on the production and supply capabilities of aromatic ureines and their derivatives.
It is important for importers and exporters to understand the specific regulations, documentation requirements, and trade policies related to the products classified under HS Code 29242145. This knowledge can help facilitate smooth trade transactions and compliance with customs regulations.
the HS Code 29242145 represents aromatic ureines and their derivatives, including the salts thereof. This code is used for international trade classification and facilitates the smooth flow of goods across borders. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is essential for importers, exporters, and trade professionals.