HS Code 29343050: Heterocyclic Compounds Containing a Phenothiazine Ring-System
Heterocyclic compounds are an important class of organic compounds that contain a ring structure made up of carbon atoms and at least one other element, such as nitrogen, sulfur, or oxygen. These compounds have diverse applications in pharmaceuticals, agrochemicals, and materials science. One specific type of heterocyclic compound is those containing a phenothiazine ring-system.
HS Code 29343050 refers to heterocyclic compounds containing a phenothiazine ring-system, whether or not hydrogenated, and not further fused with other ring structures. This HS code is used to classify and identify these specific compounds in international trade.
The MFN (Most Favored Nation) duty rate for products classified under HS Code 29343050 is 6.5%. The MFN duty rate is the rate applied to all trading partners when a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive the same treatment from all trading partners.
The quantity unit for products classified under HS Code 29343050 is kilograms (KG). This unit is used to measure the weight or quantity of the imported or exported products.
There are also special tariff preference programs available for products classified under HS Code 29343050. These programs provide preferential treatment, such as reduced or duty-free rates, to certain trading partners. Some of the special tariff preference programs applicable to products under this HS code include:
- Free: Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment. This program aims to support the economic development of these countries.
- Australia Special Rate: Australia has a special rate for imports of products classified under HS Code 29343050.
- Bahrain Special Rate: Bahrain also has a special rate for imports of products under this HS code.
- NAFTA for Canada: Products imported from Canada under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
- Chile Special Rate: Chile offers a special rate for imports of products classified under HS Code 29343050.
- Africa Growth and Opportunity Act (AGOA): Products from eligible African countries receive duty-free treatment under this program, promoting economic growth and development.
- Caribbean Basin Initiative (CBI): Products from eligible Caribbean countries receive duty-free treatment under this initiative.
- Israel Special Rate: Israel has a special rate for imports of products under this HS code.
- Andean Trade Preference Act (ATPA): Products from Andean countries receive preferential treatment under this act.
- Jordan Special Rate: Jordan offers a special rate for imports of products classified under HS Code 29343050.
- Agreement on Trade in Pharmaceutical Products: This agreement provides duty-free treatment for pharmaceutical products.
- Morocco Special Rate: Morocco has a special rate for imports of products under this HS code.
- NAFTA for Mexico: Products imported from Mexico under NAFTA receive duty-free treatment.
- Oman Special Rate: Oman also has a special rate for imports of products classified under HS Code 29343050.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Products imported from the Dominican Republic and Central American countries under this agreement receive preferential treatment.
- Peru Special Rate: Peru offers a special rate for imports of products under this HS code.
- Singapore Special Rate: Singapore has a special rate of 1% for imports of products classified under HS Code 29343050.
When it comes to importing products classified under HS Code 29343050, the data shows that the states of Delaware and Puerto Rico are the major importers. These states have a significant demand for these heterocyclic compounds. Additionally, Indiana and Nebraska are also involved in the importation of these products.
On the exporting side, the data indicates that Missouri is the primary exporter of products classified under HS Code 29343050. This state plays a crucial role in supplying these compounds to international markets.
HS Code 29343050 represents heterocyclic compounds containing a phenothiazine ring-system. These compounds have various applications and are traded internationally. The MFN duty rate, quantity unit, and special tariff preference programs determine the import/export conditions for these products. Understanding the HS code classification system helps facilitate smooth international trade and promotes economic cooperation among trading partners.
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