The HS Code 29337908 refers to a specific category of products known as Aromatic or modified aromatic lactams with nitrogen hetero-atoms only, as described in additional U.S. note 3 to section VI. This code is used to classify and categorize these products for international trade purposes.
The products falling under HS Code 29337908 are characterized by their chemical composition, specifically being lactams that contain nitrogen hetero-atoms. These lactams have aromatic or modified aromatic properties, making them distinct from other types of lactams.
It is important to note that the specific details and characteristics of the products falling under this HS Code can be found in additional U.S. note 3 to section VI. This additional information provides a more comprehensive understanding of the product's composition and specifications.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 29337908 is 6.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same 6.5% duty rate to these goods or services from all its trading partners.
This duty rate is important for importers and exporters to consider when engaging in international trade involving products falling under this HS Code. It affects the cost and competitiveness of the goods in the global market.
The quantity unit for products classified under HS Code 29337908 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the product being imported or exported.
When conducting international trade transactions involving these products, it is essential to accurately measure and document the quantity in kilograms to ensure compliance with customs regulations and facilitate smooth trade operations.
Products classified under HS Code 29337908 may be eligible for various special tariff preference programs, which can provide certain benefits or exemptions from import duties. The specific programs applicable to this HS Code include:
These special tariff preference programs offer different levels of duty treatment, ranging from duty-free to a reduced duty rate of 0.9%. Importers should carefully review the eligibility criteria and specific requirements of each program to determine if they can benefit from these preferential trade arrangements.
When it comes to importing products classified under HS Code 29337908, the following US states are significant players:
These states have been actively involved in importing goods falling under this HS Code. This information can be useful for exporters looking to target specific markets within the United States.
There is no specific information available regarding the exporting US states for products classified under HS Code 29337908. However, it is important to note that these products may be exported from various states across the country, depending on the manufacturing and distribution capabilities of the exporters.
Understanding the HS Code 29337908 provides valuable insights into the classification, description, duty rates, special tariff preference programs, and importation/exportation information related to aromatic or modified aromatic lactams with nitrogen hetero-atoms only. Importers, exporters, and traders can utilize this information to navigate international trade regulations and optimize their business operations.