The HS Code 29332990 refers to a specific classification for a category of compounds that contain an unfused imidazole ring. These compounds are not categorized as drugs, aromatic compounds, or modified aromatic compounds. The code also specifies that the imidazole ring may be either hydrogenated or non-hydrogenated. This article will provide an extensive overview of this HS Code, including its product description, duty rates, quantity units, and special tariff preference programs.
The product description for HS Code 29332990 includes all compounds that contain an unfused imidazole ring. It specifically excludes drugs, aromatic compounds, and modified aromatic compounds. The term "unfused" indicates that the imidazole ring is not attached to any other ring structure. The code does not differentiate between hydrogenated and non-hydrogenated imidazole rings, encompassing both variations.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29332990 is 6.5%. This rate applies whenever a country lowers a trade barrier or opens up a market. It is important to note that any trade barrier reduction or market opening must be applied to the same goods or services from all trading partners. This duty rate ensures a fair and equal treatment for all countries involved in trade.
The quantity unit for HS Code 29332990 is kilograms (KG). This means that the measurement and trade of compounds falling under this HS Code are conducted in kilograms. The use of a standardized quantity unit facilitates international trade and allows for accurate measurement and pricing of the products.
HS Code 29332990 qualifies for various special tariff preference programs, which provide reduced or duty-free treatment for specific trading partners. The following programs apply to this HS Code:
The HS Code 29332990 applies to import and export activities involving the United States. It is relevant for both the importing and exporting states. The specific states involved may vary depending on the trade agreements and partnerships established between the United States and other countries. However, the HS Code remains consistent regardless of the specific states involved in the trade.
HS Code 29332990 refers to compounds containing an unfused imidazole ring that are not categorized as drugs, aromatic compounds, or modified aromatic compounds. This HS Code carries a 6.5% bound / MFN duty rate and is measured in kilograms. It also qualifies for various special tariff preference programs, providing reduced or duty-free treatment for specific trading partners. Importing and exporting activities involving this HS Code can occur between various US states and their trading partners. Understanding the details of this HS Code is essential for businesses involved in the import and export of these compounds.