HS Code 29242971: Aromatic Cyclic Amides and Their Derivatives

Aromatic cyclic amides and their derivatives of products described in additional U.S. note 3 to section VI, nesoi fall under HS Code 29242971. This code is used to classify and identify specific goods for international trade purposes. 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.

Product Description

The product description for HS Code 29242971 is "Aromatic cyclic amides and their derivatives of products described in additional U.S. note 3 to section VI, nesoi." This classification includes various aromatic cyclic amides and their derivatives, which are chemical compounds used in different industries for various purposes. These compounds are further described in additional U.S. note 3 to section VI.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 29242971 is 6.5%. This means that whenever 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. The 6.5% duty rate is applicable to imports of aromatic cyclic amides and their derivatives under this HS Code.

Quantity Unit

The quantity unit for imports and exports under HS Code 29242971 is kilograms (KG). This unit of measurement is used to determine the weight of the goods being traded.

Special Tariff Preference Programs

There are several special tariff preference programs applicable to imports under HS Code 29242971. These programs provide certain countries with preferential treatment, including duty-free or reduced duty rates. The following programs apply:

Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
Australia Special Rate: Imports from Australia receive a special duty rate.
Bahrain Special Rate: Imports from Bahrain receive a special duty rate.
NAFTA for Canada: Imports from Canada receive duty-free treatment under the North American Free Trade Agreement.
Chile Special Rate: Imports from Chile receive a special duty rate.
Africa Growth and Opportunity Act (AGOA): Imports from eligible African countries receive duty-free treatment under AGOA.
Caribbean Basin Initiative (CBI): Imports from eligible Caribbean countries receive duty-free treatment under CBI.
Israel Special Rate: Imports from Israel receive duty-free treatment.
Andean Trade Preference Act (ATPA): Imports from eligible Andean countries receive duty-free treatment under ATPA.
Jordan Special Rate: Imports from Jordan receive a special duty rate.
Agreement on Trade in Pharmaceutical Products: Imports under this agreement receive duty-free treatment.
Uruguay Round Concessions on Intermediate Chemicals for Dyes: Imports under this agreement receive duty-free treatment.
Morocco Special Rate: Imports from Morocco receive a special duty rate.
NAFTA for Mexico: Imports from Mexico receive duty-free treatment under NAFTA.
Oman Special Rate: Imports from Oman receive a special duty rate.
Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible countries in the DR-CAFTA region receive a special duty rate.
Peru Special Rate: Imports from Peru receive a special duty rate.
Singapore Special Rate: Imports from Singapore receive a special duty rate of 0.9%.

Importing US States

HS Code 29242971 has been imported by the state of Nebraska. Nebraska has consistently imported goods classified under this HS Code.

Exporting US States

No specific information is available regarding the exporting US states for HS Code 29242971.

HS Code 29242971 represents aromatic cyclic amides and their derivatives. This code is used to classify these products for international trade purposes. The duty rate, quantity unit, and special tariff preference programs associated with this HS Code provide important information for importers and exporters. Understanding these details can help businesses navigate the complexities of international trade and optimize their trade transactions.