When it comes to international trade, it is important to have a standardized system in place to classify and identify products. The Harmonized System (HS) Code is an internationally recognized system that categorizes and codes products for customs purposes. One such HS code is 29269019, which is assigned to the products N,N-Bis(2-cyanoethyl)aniline and 2,6-diflourobenzonitrile.
The HS Code 29269019 is used to classify these specific chemical compounds. This code helps customs authorities and traders to easily identify and track these products during import and export processes. It is important for businesses involved in international trade to be familiar with the HS code system and the specific codes assigned to their products.
The product description for HS Code 29269019 includes N,N-Bis(2-cyanoethyl)aniline and 2,6-diflourobenzonitrile. These chemical compounds have various industrial applications and are used in the production of pharmaceuticals, dyes, and other chemical substances.
When it comes to import and export duties, the bound or most-favored-nation (MFN) duty rate for HS Code 29269019 is free. This means that there are no import duties imposed on these products. This is beneficial for businesses involved in the trade of N,N-Bis(2-cyanoethyl)aniline and 2,6-diflourobenzonitrile, as it reduces the cost of importing and exporting these goods.
Additionally, there are special tariff preference programs available for HS Code 29269019. These programs offer preferential treatment and reduced or zero-duty rates for imports and exports of these products. The countries that offer special tariff preference programs for HS Code 29269019 include Australia, Bahrain, Canada (under NAFTA), Chile, the European Union, Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, and Singapore.
For example, under the Generalized System of Preferences (GSP), these products receive duty-free treatment. This program is designed to promote economic growth in developing countries by offering preferential access to their markets. Similarly, the Caribbean Basin Initiative (CBI) provides duty-free treatment for imports and exports of HS Code 29269019 from eligible countries in the Caribbean region.
It is important for businesses to take advantage of these special tariff preference programs, as they can significantly reduce the cost of importing and exporting N,N-Bis(2-cyanoethyl)aniline and 2,6-diflourobenzonitrile. By understanding the specific programs available and their eligibility criteria, businesses can optimize their trade operations and increase their competitiveness in the global market.
When importing or exporting HS Code 29269019, the quantity unit used is kilograms (KG). This unit of measurement helps to accurately determine the quantity and value of these products during trade transactions.
HS Code 29269019 is assigned to the products N,N-Bis(2-cyanoethyl)aniline and 2,6-diflourobenzonitrile. This HS code is used to classify and identify these chemical compounds for customs purposes. Import and export duties for HS Code 29269019 are free, and there are also special tariff preference programs available that offer reduced or zero-duty rates for these products. Understanding the HS code system and the specific codes assigned to products is crucial for businesses involved in international trade.