The HS Code 29372200 refers to halogenated derivatives of corticosteroidal hormones. Corticosteroidal hormones are naturally occurring hormones produced by the adrenal glands, which play important roles in regulating various physiological processes in the body. Halogenated derivatives of corticosteroidal hormones are synthetic compounds that have been modified by the addition of halogens, such as chlorine or fluorine.
These halogenated derivatives are commonly used in the pharmaceutical industry for their anti-inflammatory and immunosuppressive properties. They are used in the treatment of a variety of medical conditions, including allergies, asthma, autoimmune diseases, and certain types of cancer.
The HS Code 29372200 is used to classify these halogenated derivatives of corticosteroidal hormones for international trade purposes. The HS Code system is a standardized system used globally to classify and define traded products. It helps to ensure consistency and uniformity in the classification of goods for customs and statistical purposes.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 29372200 is free. This means that no import duties or tariffs are imposed on these products when they are imported into a country. The free duty rate applies every time a country lowers a trade barrier or opens up a market, and it must do so for the same goods or services from all its trading partners.
The quantity unit used for products classified under HS Code 29372200 is grams (GM). This means that the weight of these halogenated derivatives of corticosteroidal hormones is measured in grams when traded internationally.
Special tariff preference programs may exist for products classified under HS Code 29372200. These programs provide certain advantages, such as reduced or zero import duties, to eligible countries or regions. However, specific information about the availability and conditions of such programs for this particular HS Code is not provided in the given data.
According to the given data, the state of North Carolina is listed as an importing state for products classified under HS Code 29372200. This means that North Carolina imports these halogenated derivatives of corticosteroidal hormones from other countries.
On the other hand, the state of Puerto Rico is listed as both an importing and exporting state for this HS Code. This suggests that Puerto Rico both imports these products from other countries and exports them to other destinations.
Additionally, the state of Indiana is also listed as an exporting state for products classified under HS Code 29372200. This means that Indiana exports these halogenated derivatives of corticosteroidal hormones to other countries or regions.
Overall, the HS Code 29372200 plays a crucial role in classifying and defining halogenated derivatives of corticosteroidal hormones for international trade. These synthetic compounds have significant medical applications and are used in the treatment of various conditions. Understanding the HS Code and its associated data helps facilitate smooth trade operations and ensures consistency in the classification of goods.