The HS Code 29335400 refers to a specific classification of products known as "other derivatives of malonylurea (barbituric acid); salts thereof". This code is used to identify and categorize these products for international trade purposes.
Malonylurea is a chemical compound that is commonly used in the pharmaceutical industry. It is a derivative of barbituric acid, which is known for its sedative and hypnotic properties. The other derivatives of malonylurea include various forms and salts of this compound.
When it comes to international trade, the HS Code 29335400 is crucial for customs authorities and importers/exporters to accurately classify and track these products. The code helps ensure that the correct duties and regulations are applied to these goods.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 29335400 is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for products classified under HS Code 29335400 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of these products for import or export purposes.
Products classified under HS Code 29335400 may be eligible for special tariff preference programs that offer reduced or duty-free treatment. Some of the special tariff preference programs for these products include:
Based on the available data, the importation of products classified under HS Code 29335400 is concentrated in the state of Missouri in the United States. However, it is important to note that this data may not represent the complete picture of importation and exportation across all US states.
On the other hand, the data also indicates that the exportation of these products is not limited to Missouri but also includes Puerto Rico as an exporting US state.
HS Code 29335400 classifies and identifies other derivatives of malonylurea (barbituric acid) and their salts for international trade purposes. This code helps ensure accurate classification, appropriate duties, and regulation compliance for these products. Additionally, special tariff preference programs may offer reduced or duty-free treatment for imports under this HS Code. Importation of these products is primarily concentrated in Missouri, while exportation includes both Missouri and Puerto Rico as exporting US states.