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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29339970: A Comprehensive Guide

The HS Code 29339970 refers to aromatic or modified aromatic drugs that affect the central nervous system. These drugs are composed of heterocyclic compounds with nitrogen atoms only. This code encompasses various pharmaceutical products that have an impact on the central nervous system.

Product Description

The products falling under HS Code 29339970 are drugs that are primarily used to affect the central nervous system. These drugs contain heterocyclic compounds with nitrogen atoms as the only heteroatoms. They are aromatic or modified aromatic in nature. The specific composition and properties of these drugs may vary, but they all have an impact on the central nervous system.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for HS Code 29339970 is 6.5%. This means that whenever 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 duty rate of 6.5% applies to imports of products falling under this HS Code.

Quantity Unit

The quantity unit for HS Code 29339970 is kilograms (KG). This implies that the measurement and trade of these drugs are done in kilograms. The quantity of drugs being imported or exported is measured in kilograms to accurately determine the volume being traded.

Special Tariff Preference Programs

There are several special tariff preference programs that apply to imports of products falling under HS Code 29339970. These programs offer specific benefits and tariff rates for certain trading partners. The programs include:

Importing US States

The importing US states for products falling under HS Code 29339970 include Delaware and Puerto Rico. These states have a significant demand for these drugs and are actively involved in their importation.

Exporting US States

The exporting US state for products falling under HS Code 29339970 is Missouri. This state is a major exporter of these drugs, indicating its involvement in the production or distribution of aromatic or modified aromatic drugs affecting the central nervous system.

HS Code 29339970 represents aromatic or modified aromatic drugs that have an impact on the central nervous system. These drugs are composed of heterocyclic compounds with nitrogen atoms only. They have a bound or most-favored-nation duty rate of 6.5% and are measured in kilograms. Various special tariff preference programs offer specific benefits and duty rates for imports of these drugs. Delaware and Puerto Rico are the importing US states, while Missouri is the exporting US state for products falling under this HS Code.



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