Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29270030: Fast Color Bases and Salts

Fast color bases and fast color salts, classified under HS Code 29270030, are diazo-, azo-, or azoxy-compounds used in the production of dyes and pigments. These compounds provide excellent color fastness and are widely used in various industries, including textiles, printing, and plastic manufacturing.

The HS Code 29270030 is a standardized code used globally to classify and identify specific goods during international trade. It helps customs authorities and traders to easily recognize and categorize products, ensuring smooth and efficient trade operations.

Bound / MFN duty rate for HS Code 29270030 is set at 6.5%. This means that every time 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 duty rate is applicable to the value of the imported goods and is paid by the importer to the customs authorities.

The quantity unit for HS Code 29270030 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the imported or exported fast color bases and salts.

There are several special tariff preference programs available for HS Code 29270030. These programs provide certain countries with preferential treatment and reduced or duty-free rates. Some of the programs applicable to this HS Code include:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible countries including Australia, Bahrain, Canada, Chile, European Union (EU) member states, Israel, Japan, Jordan, Morocco, Mexico, Oman, Peru, Singapore, and others.
• Australia Special Rate: Australia has a special rate for importing fast color bases and salts.
• Bahrain Special Rate: Bahrain offers a preferential rate for these products.
• NAFTA for Canada: Under the North American Free Trade Agreement, Canada enjoys duty-free treatment for HS Code 29270030.
• Chile Special Rate: Chile has a special rate for importing fast color bases and salts.
• Caribbean Basin Initiative (CBI): Provides duty-free treatment for eligible countries in the Caribbean region.
• Israel Special Rate: Israel offers duty-free treatment for HS Code 29270030.
• Andean Trade Preference Act (ATPA): Provides preferential treatment for eligible countries in the Andean region.
• Jordan Special Rate: Jordan has a special rate for importing fast color bases and salts.
• Morocco Special Rate: Morocco offers a preferential rate for these products.
• NAFTA for Mexico: Under the North American Free Trade Agreement, Mexico enjoys duty-free treatment for HS Code 29270030.
• Oman Special Rate: Oman offers a preferential rate for importing fast color bases and salts.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Provides preferential treatment for eligible countries in the Dominican Republic and Central America.
• Peru Special Rate: Peru has a special rate for importing fast color bases and salts.
• Singapore Special Rate: Singapore offers duty-free treatment for HS Code 29270030.

When importing fast color bases and salts classified under HS Code 29270030, it is important to be aware of the special tariff preference programs available and the specific requirements for each program. This can help importers take advantage of duty-free or reduced rates, reducing the overall cost of importing these products.

It is also essential to comply with all customs regulations and documentation requirements when importing or exporting products under HS Code 29270030. This ensures a smooth and efficient trade process and avoids any delays or penalties.

HS Code 29270030 refers to fast color bases and fast color salts used in the production of dyes and pigments. It is important for traders and importers to understand the duty rates, quantity unit, and special tariff preference programs associated with this HS Code to make informed decisions and benefit from reduced or duty-free rates.