The HS Code 29350020 refers to fast color bases and fast color salts, specifically those derived from sulfonamides. This code is used to classify and identify these particular products for international trade purposes. Understanding this code is crucial for importers, exporters, and customs officials to ensure the accurate categorization and proper handling of these goods.
The product description for HS Code 29350020 is "Fast color bases and fast color salts, of sulfonamides." Fast color bases and salts are chemical substances commonly used in the production of dyes and pigments. These products are derived from sulfonamides, a class of organic compounds that contain the sulfonamide functional group (-SO2NH2).
Fast color bases and salts are essential components in the textile, printing, and dyeing industries. They provide vibrant and long-lasting colors to various materials, including fabrics, papers, and plastics. The use of these substances allows for the production of high-quality and visually appealing products.
The bound or most-favored-nation (MFN) duty rate for HS Code 29350020 is 6.5%. The MFN duty rate applies to all countries that engage in international trade and signifies the standard rate imposed on the importation or exportation of goods. This rate ensures that all trading partners are treated equally when it comes to trade barriers and market access.
Whenever a country decides to lower its trade barriers or open up its market, it must do so for the same goods or services from all its trading partners. This principle of nondiscrimination promotes fair and equitable trade practices among nations.
The quantity unit for HS Code 29350020 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight or quantity of goods being imported or exported. Kilograms provide a standardized and easily understandable metric for assessing the volume or mass of the products in question.
HS Code 29350020 is eligible for various special tariff preference programs, which provide specific benefits and exemptions for certain countries. The following programs are applicable:
These special tariff preference programs aim to promote economic cooperation, facilitate trade, and foster closer relationships between the participating countries.
The following US states import products classified under HS Code 29350020:
These states have a demand for fast color bases and salts derived from sulfonamides, likely due to their vibrant textile and manufacturing industries. Importers in these states can benefit from sourcing these products internationally, taking advantage of any applicable special tariff preference programs to reduce costs and enhance competitiveness.
The US states involved in exporting products classified under HS Code 29350020 are:
These states possess a supply of fast color bases and salts and are able to meet the demand of international markets. Their ability to export these products highlights their expertise in the production and distribution of dyes and pigments derived from sulfonamides.
HS Code 29350020 represents fast color bases and fast color salts of sulfonamides. Understanding this code is essential for international trade professionals, as it ensures accurate classification, proper duty rates, and eligibility for special tariff preference programs. Importers and exporters can leverage this knowledge to optimize their trade operations and capitalize on the benefits provided by international trade agreements.