The HS Code 29342080 refers to other compounds that contain a benzothiazole ring system, whether or not they are hydrogenated, and are not further fused. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the states involved in importing and exporting this product.
The product description covered by HS Code 29342080 includes compounds that contain a benzothiazole ring system. These compounds may or may not be hydrogenated and should not be further fused with other ring systems. The HS code provides a specific classification for these compounds, enabling trade partners to identify and regulate them accordingly.
The bound or most-favored-nation (MFN) duty rate for HS Code 29342080 is 6.5%. This means that whenever a country reduces 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 ensures a fair and equal treatment for all trading partners involved.
The quantity unit for HS Code 29342080 is kilograms (KG). This unit of measurement allows for accurate quantification and tracking of the import and export of these compounds. It ensures consistency and facilitates international trade transactions.
HS Code 29342080 is eligible for various special tariff preference programs. These programs provide certain countries or regions with preferential treatment, such as duty-free import or reduced duty rates. The following programs apply to this HS code:
These special tariff preference programs aim to promote economic growth, support developing nations, and foster international trade relationships.
The following US states are involved in importing products classified under HS Code 29342080:
These states play a role in the importation and distribution of compounds containing a benzothiazole ring system. They contribute to the supply chain and facilitate the availability of these products within the US market.
On the other hand, the state of Missouri is involved in exporting products classified under HS Code 29342080. Missouri plays a significant role in the international trade of compounds containing a benzothiazole ring system. Its exports contribute to global supply chains and meet the demand for these products in various markets.
HS Code 29342080 encompasses compounds containing a benzothiazole ring system that are not further fused. It is associated with a duty rate of 6.5% and is measured in kilograms. Various special tariff preference programs offer duty-free treatment or reduced rates for eligible countries. Importing US states include Delaware, Puerto Rico, Indiana, and Nebraska, while Missouri is a notable exporter. Understanding this HS code and its implications is essential for international trade and regulatory compliance.