The HS Code 29334915 refers to the products 8-Methylquinoline and Isoquinoline. This code is used to classify and identify these specific chemical compounds for trade and customs purposes. In this article, we will explore the details and significance of this HS code, including its product description, duty rates, quantity units, and special tariff preference programs.
The products falling under HS Code 29334915 are 8-Methylquinoline and Isoquinoline. These are organic compounds that are commonly used in various industries such as pharmaceuticals, agrochemicals, and research laboratories. 8-Methylquinoline is a derivative of quinoline and has applications in the synthesis of certain drugs, while Isoquinoline is a heterocyclic compound used as a building block in organic synthesis.
The bound / Most Favored Nation (MFN) duty rate for HS Code 29334915 is 5.8%. The MFN duty rate is the rate applied to imports from all trading partners equally. It is a standard duty rate set by the World Trade Organization (WTO) and applies to the product regardless of the country of origin.
It is important to note that the duty rate may vary based on trade agreements, preferential programs, or special rates offered by certain countries. This can impact the final cost of importing or exporting products under HS Code 29334915.
The quantity unit for HS Code 29334915 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported products. It is essential for accurate documentation and calculation of customs duties, transportation costs, and logistics.
HS Code 29334915 is eligible for various special tariff preference programs. These programs offer preferential treatment in terms of reduced or duty-free rates for imports and exports. The following programs apply to this HS code:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries. Importers and exporters should familiarize themselves with the specific requirements and criteria for each program to take advantage of the benefits they offer.
Based on the available data, the HS Code 29334915 is imported and exported by the following US states:
These states are actively involved in the import and export of products classified under HS Code 29334915. The data suggests a significant trade activity related to these specific chemical compounds.
The HS Code 29334915 represents 8-Methylquinoline and Isoquinoline, which are important chemical compounds used in various industries. Understanding the details of this HS code, including its product description, duty rates, special tariff preference programs, and trade patterns, is crucial for businesses involved in the import and export of these products.