HS Code 29329961 refers to aromatic heterocyclic compounds with oxygen hetero-atom(s) that are not specifically classified under any other HS code in section VI. These compounds are described in additional U.S. note 3 to section VI, which provides further details and specifications.
When importing or exporting goods classified under HS Code 29329961, it is important to understand the associated duty rates, quantity unit, and any special tariff preference programs that may apply. Let's explore these aspects in more detail:
Aromatic heterocyclic compounds with oxygen hetero-atom(s) are chemical substances that contain a ring structure composed of both carbon and oxygen atoms. These compounds are widely used in various industries, including pharmaceuticals, agrochemicals, and the production of specialty chemicals.
HS Code 29329961 specifically covers aromatic heterocyclic compounds with oxygen hetero-atom(s) that do not fall under any other HS code in section VI. The additional U.S. note 3 to section VI provides further clarification and specifications for these compounds.
The bound / most-favored-nation (MFN) duty rate for goods classified under HS Code 29329961 is 6.5%. The MFN duty rate is the rate applied to imports from all trading partners when a country lowers a trade barrier or opens up a market. This ensures that the same goods or services receive equal treatment from all trading partners.
It is important to note that duty rates can vary based on trade agreements, special tariff preference programs, or specific country preferences. These variations may result in lower or zero duty rates for certain countries or regions. Let's explore some of the special tariff preference programs applicable to HS Code 29329961:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries or regions. Importers and exporters should be aware of these programs to take advantage of lower or zero duty rates when applicable.
The quantity unit for goods classified under HS Code 29329961 is kilograms (KG). This unit is used to measure the weight or quantity of the imported or exported goods.
Goods classified under HS Code 29329961 are imported into various states in the United States. The data provided indicates that the main importing states for these goods are Indiana and New Jersey.
It is important for importers and exporters to understand the specific regulations, documentation requirements, and customs procedures applicable to their respective states when dealing with goods classified under HS Code 29329961.
HS Code 29329961 encompasses aromatic heterocyclic compounds with oxygen hetero-atom(s) that are not classified under any other HS code in section VI. Importers and exporters should be aware of the associated duty rates, special tariff preference programs, quantity unit, and specific regulations applicable to their trading activities involving these compounds. By understanding these aspects, businesses can optimize their trade operations and take advantage of favorable trade conditions.