HS Code 29242920: An Overview of 2-Acetamido-3-chloroanthraquinone and Related Products

The HS Code 29242920 refers to a specific product classification used in international trade. In this article, we will explore the details of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs. Let's dive in!

Product Description

The products classified under HS Code 29242920 include:

2-Acetamido-3-chloroanthraquinone
o-acetoacetaidide
o-acetoacetotoluidide
2,4-acetoacetoxylidide
1-amino-5-benzamidoanthraquinone

These compounds are used in various industries, including pharmaceuticals, dyes, and intermediates. Each product has its unique chemical properties and applications.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 29242920 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 of 6.5% for the import of these goods from all its trading partners. The duty rate applies to the declared value of the goods.

Quantity Unit

The quantity unit for HS Code 29242920 is kilograms (KG). This indicates that the measurement for import or export of these products is done in kilograms.

Special Tariff Preference Programs

HS Code 29242920 is eligible for various special tariff preference programs, providing favorable treatment in terms of duty rates. The programs applicable to this HS Code are as follows:

Free (A+,AU,BH,CA,CL,D,E,IL,J,JO,MA,MX,OM,P,PE,SG): Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
Australia Special Rate: Australia offers a special duty rate for imports of these products.
Bahrain Special Rate: Imports from Bahrain enjoy a special duty rate.
NAFTA for Canada: Imports from Canada under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
Chile Special Rate: Chile offers a special duty rate for imports of these products.
Africa Growth and Opportunity Act (AGOA): Imports from eligible countries under AGOA receive duty-free treatment.
Caribbean Basin Initiative (CBI): Imports from eligible countries under CBI receive duty-free treatment.
Israel Special Rate: Imports from Israel enjoy a special duty rate.
Andean Trade Preference Act (ATPA): Imports from eligible countries under ATPA receive duty-free treatment.
Jordan Special Rate: Jordan offers a special duty rate for imports of these products.
Morocco Special Rate: Imports from Morocco enjoy a special duty rate.
NAFTA for Mexico: Imports from Mexico under NAFTA receive duty-free treatment.
Oman Special Rate: Oman offers a special duty rate for imports of these products.
Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible countries under DR-CAFTA receive duty-free treatment.
Peru Special Rate: Peru offers a special duty rate for imports of these products.
Singapore Special Rate: Imports from Singapore enjoy a special duty rate.

Importing US States

The data does not provide specific information about the states within the United States that import products classified under HS Code 29242920. However, it is worth noting that the information may vary depending on the source and time of data collection.

Exporting US States

The data does not provide specific information about the states within the United States that export products classified under HS Code 29242920. Similar to importing states, the exporting states may vary based on various factors such as production capabilities, market demand, and trade agreements.

HS Code 29242920 encompasses various chemical compounds used in industries such as pharmaceuticals and dyes. The duty rate for these products is 6.5%, and they are measured in kilograms. Additionally, there are several special tariff preference programs that offer duty-free treatment for imports of these goods. Understanding the details of this HS Code is essential for businesses involved in international trade of these products.