Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29335500: An Extensive Overview

The HS Code 29335500 refers to a specific category of products, including Loprazolam (INN), mecloqualone (INN), methaqualone (INN), and zipeprol (INN), as well as their salts. In this article, we will delve into the details of this HS Code, exploring its product description, duty rates, quantity unit, and special tariff preference programs.

Product Description

The products classified under HS Code 29335500 encompass various substances, namely Loprazolam (INN), mecloqualone (INN), methaqualone (INN), and zipeprol (INN), along with their salts. These substances are used in different sectors, including pharmaceuticals.

Duty Rates

When it comes to the duty rates associated with HS Code 29335500, a noteworthy aspect is that it is bound to the MFN (Most Favored Nation) duty rate. This means that whenever a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate for this HS Code is free, which implies that it does not incur any additional charges.

Quantity Unit

The quantity unit for HS Code 29335500 is kilograms (KG). This indicates that the measurement and trading of the products falling under this code are based on weight.

Special Tariff Preference Programs

HS Code 29335500 is eligible for several special tariff preference programs. These programs allow for preferential treatment or exemptions from duties for certain countries or regions. Here are the special tariff preference programs applicable to HS Code 29335500:

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

Importing and Exporting US States

Based on the available data, the HS Code 29335500 is imported and exported by several US states. In terms of importing, the state of Missouri is a significant importer of products falling under this HS Code. On the other hand, Puerto Rico appears to be the prominent exporting state for HS Code 29335500.

HS Code 29335500 covers a range of substances, including Loprazolam (INN), mecloqualone (INN), methaqualone (INN), and zipeprol (INN), along with their salts. These products are utilized in various industries, particularly in the pharmaceutical sector. With a duty rate of free, this HS Code enjoys special tariff preference programs that grant duty-free treatment to imports from specific countries or regions. Understanding the details of HS Code 29335500 is essential for businesses involved in the import and export of these products.