HS Code 29335953 refers to a specific category of drugs that contain a pyrimidine ring or piperazine ring in their structure. These drugs are classified as aromatic or modified aromatic drugs and are used for various purposes in the medical field. In this article, we will explore the details of this HS code and provide an extensive overview of the product description, duty rates, quantity unit, special tariff preference programs, and the importing/exporting US states.
The product description for HS Code 29335953 is "Other aromatic or modified aromatic drugs containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure." This means that the drugs falling under this HS code category have specific chemical structures that include either a pyrimidine ring or a piperazine ring. These drugs may be used for various medical purposes, and their chemical composition is crucial in determining their therapeutic effects.
The bound / MFN duty rate for HS Code 29335953 is 6.5%. The MFN (Most Favored Nation) duty rate is the rate applied to imports from all trading partners. It ensures that every time 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. With a duty rate of 6.5%, importers of these drugs need to pay this percentage of the product's value as a duty when bringing them into the country.
The quantity unit for HS Code 29335953 is kilograms (KG). This means that the drugs falling under this HS code are measured and traded in kilograms. The quantity unit is essential in determining the volume or quantity of drugs being imported or exported under this code.
HS Code 29335953 is eligible for various special tariff preference programs. These programs provide specific benefits or exemptions from duty rates for imports from certain countries. The following special tariff preference programs are applicable to this HS code:
These special tariff preference programs allow for reduced or duty-free treatment for imports of drugs falling under this HS code, depending on the country of origin or specific trade agreements.
HS Code 29335953 is imported into the following US states:
These states are the primary destinations for imports of drugs falling under this HS code. Importers and distributors in these states play a significant role in the pharmaceutical supply chain for these specific drugs.
The exporting US states for drugs falling under HS Code 29335953 are not mentioned in the provided data. However, it is essential to note that the production and export of these drugs may be carried out by various states across the country, depending on the manufacturing capabilities and distribution networks of pharmaceutical companies.
HS Code 29335953 represents a specific category of aromatic or modified aromatic drugs containing a pyrimidine ring or piperazine ring in their structure. The product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states provide valuable information about the classification, trade, and regulation of these drugs. Understanding this HS code is crucial for importers, exporters, and other stakeholders in the pharmaceutical industry.