The HS Code 29242375 refers to 2-Acetamidobenzoic acid salts, nesoi. This article will provide extensive information about this specific HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product described by HS Code 29242375 is 2-Acetamidobenzoic acid salts, nesoi. This chemical compound is commonly used in various industries, including pharmaceuticals, dyes, and intermediates. It plays a crucial role in the synthesis of other compounds and is widely utilized in research and development.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29242375 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 6.5% for the importation of 2-Acetamidobenzoic acid salts from all its trading partners. This promotes fair and equal trade among countries.
The quantity unit for HS Code 29242375 is kilograms (KG). This means that the import and export of 2-Acetamidobenzoic acid salts are measured and recorded in kilograms.
HS Code 29242375 is eligible for various special tariff preference programs. These programs offer reduced or duty-free treatment for importation from specific countries or regions. The following are the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade, economic cooperation, and development among the participating countries or regions.
As per the available data, the article does not provide specific information about the importing and exporting US states for HS Code 29242375. However, it is important to note that the import and export of 2-Acetamidobenzoic acid salts can occur between various states within the United States.
HS Code 29242375 represents 2-Acetamidobenzoic acid salts, nesoi. This article provided an extensive overview of the HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. Understanding the details of HS Code 29242375 is essential for importers, exporters, and businesses involved in the trade of chemicals and related products.