Sulfonamide drugs are an important category of pharmaceuticals that have various medicinal uses. The HS Code 29350060 specifically refers to sulfonamide drugs that are not anti-infective agents. In this article, we will explore the details of this HS code and its implications for trade and commerce.
The product description for HS Code 29350060 is "Other sulfonamide drugs (excluding anti-infective agents)." This means that it includes sulfonamide drugs that are used for therapeutic purposes other than treating infections. Sulfonamide drugs are known for their broad spectrum of activity against bacteria, making them valuable in the treatment of various medical conditions.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29350060 is 6.5%. The MFN duty rate is the rate charged on imports from all trading partners. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The 6.5% duty rate is applicable to all imports of other sulfonamide drugs under this HS code.
The quantity unit for HS Code 29350060 is kilograms (KG). This means that the measurement and trading of these sulfonamide drugs are done in kilograms. The quantity unit is essential for tracking and monitoring imports and exports of the product.
HS Code 29350060 is eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty rates for imports of the product. The following programs offer duty-free treatment for specific countries:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating duties on specific products.
HS Code 29350060 is imported into the following US states:
These states engage in the importation of other sulfonamide drugs under HS Code 29350060. The importation of these drugs contributes to the availability of therapeutic options for various medical conditions in these regions.
The US states that export other sulfonamide drugs under HS Code 29350060 are:
These states play a role in supplying sulfonamide drugs to other regions and countries. The exportation of these drugs supports the global demand for therapeutic options and aids in the international healthcare industry.
HS Code 29350060 represents other sulfonamide drugs (excluding anti-infective agents) in international trade. This code enables the identification, classification, and regulation of these drugs, ensuring their safe and legal movement across borders. The special tariff preference programs and the involvement of specific US states in importing and exporting these drugs further contribute to their availability and accessibility in the global market.