Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29412010: Dihydrostreptomycins and its derivatives; salts thereof

The HS Code 29412010 refers to a specific category of products called Dihydrostreptomycins and its derivatives, including salts thereof. This code is used to classify and identify these products for international trade purposes. Understanding the HS Code system is crucial for importers, exporters, and customs authorities to ensure accurate trade documentation and tariff calculations.

The MFN (Most Favored Nation) duty rate for products falling under HS Code 29412010 is 3.5%. The MFN duty rate 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. This ensures equal treatment for all trading partners and promotes fair and non-discriminatory trade practices.

The quantity unit for products classified under HS Code 29412010 is grams (GM). This unit is used to measure the weight or quantity of the product being traded. It is important for importers and exporters to accurately declare the quantity unit to determine the appropriate customs duties and taxes.

There are several special tariff preference programs that offer duty-free treatment for products falling under HS Code 29412010. These programs include:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products from developing countries.
• Australia Special Rate: Australia has a specific tariff preference program that offers reduced or zero tariffs for certain goods.
• Bahrain Special Rate: Bahrain has a special tariff rate for specific products, including those falling under HS Code 29412010.
• NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), Canada provides duty-free treatment for goods originating from member countries.
• Chile Special Rate: Chile has a special tariff rate for certain goods, including products classified under HS Code 29412010.
• Caribbean Basin Initiative (CBI): This program provides duty-free treatment for eligible products from designated Caribbean countries.
• Israel Special Rate: Israel offers duty-free treatment for specific products, including those falling under HS Code 29412010.
• Andean Trade Preference Act (ATPA): This program provides duty-free treatment for eligible products from Andean countries.
• Jordan Special Rate: Jordan has a special tariff rate for certain goods, including products classified under HS Code 29412010.
• Morocco Special Rate: Morocco offers a special tariff rate for specific goods, including those falling under HS Code 29412010.
• NAFTA for Mexico: Similar to Canada, Mexico provides duty-free treatment for goods originating from member countries under NAFTA.
• Oman Special Rate: Oman has a special tariff rate for specific products, including those falling under HS Code 29412010.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program provides duty-free treatment for eligible products from DR-CAFTA member countries.
• Peru Special Rate: Peru offers a special tariff rate for certain goods, including products classified under HS Code 29412010.
• Singapore Special Rate: Singapore has a specific tariff preference program that offers reduced or zero tariffs for certain goods.

When importing products classified under HS Code 29412010 into the United States, it is important to consider the specific regulations and requirements of the exporting and importing states. Each state may have additional rules or restrictions on the importation of certain goods, including those falling under this HS Code. Compliance with these regulations is essential to ensure smooth customs clearance and avoid any penalties or delays.

the HS Code 29412010 represents Dihydrostreptomycins and its derivatives, including salts thereof. This code is used for international trade classification and tariff calculation purposes. Understanding the HS Code system and the applicable tariff preference programs is crucial for importers and exporters to ensure compliance with trade regulations and take advantage of duty-free treatment opportunities.