Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29242965: 5-Bromoacetyl-2-salicylamide

The HS Code 29242965 refers to the product 5-Bromoacetyl-2-salicylamide. This code is used to classify and identify this specific product for international trade purposes. HS codes are used globally to categorize products and facilitate the smooth flow of goods across borders.

The product description for HS Code 29242965 is 5-Bromoacetyl-2-salicylamide. It is important to note that the HS code is mentioned multiple times throughout this article to emphasize its significance in international trade.

The bound or Most Favored Nation (MFN) duty rate for this product is 6.5%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners are subject to the same duty rate. This rate helps maintain fairness and equal treatment in trade.

The quantity unit for this product is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight or quantity of goods being imported or exported.

There are various special tariff preference programs associated with HS Code 29242965. These programs provide different duty rates or exemptions for specific countries. The special tariff preference programs for this HS code include:

• Free: Generalized System of Preferences (GSP) - This program grants duty-free treatment to eligible countries, promoting economic development and trade.
• Australia Special Rate - Australia enjoys a special rate for this product, allowing for favorable trade conditions.
• Bahrain Special Rate - Bahrain benefits from a special rate for this product, enhancing trade between the countries.
• NAFTA for Canada - Under the North American Free Trade Agreement (NAFTA), Canada receives duty-free treatment for this product.
• Chile Special Rate - Chile enjoys a special rate for this product, fostering trade relations between the countries.
• Caribbean Basin Initiative (CBI) - This initiative grants duty-free treatment to eligible Caribbean countries, promoting economic growth and trade.
• Israel Special Rate - Israel benefits from duty-free treatment for this product, strengthening trade ties.
• Andean Trade Preference Act (ATPA) - This act provides preferential treatment to eligible Andean countries, facilitating trade and economic development.
• Jordan Special Rate - Jordan enjoys a special rate for this product, creating favorable trade conditions.
• Morocco Special Rate - Morocco benefits from a special rate for this product, promoting trade between the countries.
• NAFTA for Mexico - Mexico receives duty-free treatment for this product under the North American Free Trade Agreement (NAFTA).
• Oman Special Rate - Oman enjoys a special rate for this product, enhancing trade relations.
• Dominican Republic-Central American Special Rate (DR-CAFTA) - This special rate applies to eligible countries in the Dominican Republic-Central American Free Trade Agreement, promoting trade and economic growth.
• Peru Special Rate - Peru benefits from a special rate for this product, fostering trade relations.
• 0.9%: Singapore Special Rate - Singapore enjoys a special rate of 0.9% for this product, facilitating trade between the countries.

When it comes to importing this product into the United States, the data provided does not specify the exporting US states. However, it is important for importers and exporters to be aware of the regulations and requirements of both the exporting and importing countries to ensure smooth trade operations.

HS Code 29242965 refers to the product 5-Bromoacetyl-2-salicylamide. This code is used globally to categorize and identify the product for international trade purposes. The article highlighted the product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and importing/exporting US states associated with this HS code. Understanding the HS code and its associated information is crucial for businesses engaged in international trade.