HS Code 29331918: A Comprehensive Guide

When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products. In this article, we will explore the HS Code 29331918 and provide you with all the essential information you need to know.

Product Description

The HS Code 29331918 encompasses several chemicals, including 2-Chloro-5-sulfophenylmethylpyrazolone, phenylcarbethyoxypyrazolone, and three other specified chemicals. These substances are widely used in various industries, such as pharmaceuticals, dyes, and intermediates.

Bound / MFN Duty Rate

The bound / MFN duty rate refers to the rate of duty imposed on the importation of goods. In the case of HS Code 29331918, the duty rate is free. This means that no duty is levied on the importation of these chemicals, promoting trade and facilitating market access.

Quantity Unit

The quantity unit for HS Code 29331918 is kilograms (KG). This unit of measurement is used to determine the quantity of the chemicals being imported or exported.

Special Tariff Preference Programs

HS Code 29331918 is eligible for various special tariff preference programs, which further promote trade and provide benefits to importers. Some of these programs include:

A+ (Least Developed Beneficiary Developing Countries): Imports from least-developed beneficiary developing countries eligible for GSP under that subheading receive duty-free treatment.
AU (Australia Special Rate): Imports from Australia receive special rates.
BH (Bahrain Special Rate): Imports from Bahrain receive special rates.
CA (NAFTA for Canada): Imports from Canada receive duty-free treatment.
CL (Chile Special Rate): Imports from Chile receive special rates.
D (Africa Growth and Opportunity Act): Imports eligible for AGOA receive duty-free treatment.
E (Caribbean Basin Initiative): Imports eligible for CBI receive duty-free treatment.
IL (Israel Special Rate): Imports from Israel receive duty-free treatment.
J (Andean Trade Preference Act): Imports eligible for ATPA receive duty-free treatment.
JO (Jordan Special Rate): Imports from Jordan receive special rates.
K (Agreement on Trade in Pharmaceutical Products): Imports eligible for duty-free treatment under the Agreement on Trade in Pharmaceutical Products.
L (Uruguay Round Concessions on Intermediate Chemicals for Dyes): Imports eligible for duty-free treatment under the Uruguay Round Concessions on Intermediate Chemicals for Dyes.
MA (Morocco Special Rate): Imports from Morocco receive special rates.
MX (NAFTA for Mexico): Imports from Mexico receive duty-free treatment.
OM (Oman Special Rate): Imports from Oman receive special rates.
P (Dominican Republic-Central American Special Rate): Imports from the Dominican Republic and Central American countries receive special rates under DR-CAFTA.
PE (Peru Special Rate): Imports from Peru receive special rates.
SG (Singapore Special Rate): Imports from Singapore receive special rates.

Importing US States

HS Code 29331918 is imported by several states in the United States. The importing states include Indiana, New Jersey, and Nebraska. These states have recognized the importance of these chemicals in their respective industries and actively engage in trade activities.

Exporting US States

While the data provided does not specify the exporting states for HS Code 29331918, it is important to note that the United States is a significant exporter of various chemicals and products. The exporting states can vary depending on the specific product and market demand.

HS Code 29331918 represents a group of chemicals that are essential in various industries. The duty-free treatment and eligibility for special tariff preference programs further enhance trade opportunities for these chemicals. Importing states like Indiana, New Jersey, and Nebraska demonstrate the demand and importance of these chemicals in their local industries. Understanding the HS Code system and its implications is vital for businesses and individuals involved in international trade.