Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29420005: Aromatic or Modified Aromatic Drugs of Other Organic Compounds, NESOI

The HS Code 29420005 refers to aromatic or modified aromatic drugs of other organic compounds that are not elsewhere specified or included (NESOI). This code is used to classify these particular types of drugs for trade and customs purposes.

Aromatic drugs are substances derived from aromatic compounds, which are organic compounds containing a specific ring structure. These drugs are often used for their therapeutic properties and can be modified to enhance their efficacy or reduce side effects.

When importing or exporting goods classified under HS Code 29420005, it is important to be aware of the associated duty rates and tariff preference programs. The bound or most-favored nation (MFN) duty rate for this code is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.

The quantity unit for measuring goods classified under this HS Code is kilograms (KG). This unit is used to determine the weight of the aromatic or modified aromatic drugs being imported or exported.

There are also special tariff preference programs available for goods classified under HS Code 29420005. These programs provide preferential treatment in terms of duty rates for specific countries or regions. The following countries and regions have special tariff rates or duty-free treatment for imports under this HS Code:

• A+ (Least-developed beneficiary developing countries eligible for Generalized System of Preferences - GSP)
• AU (Australia)
• BH (Bahrain)
• CA (Canada) - NAFTA (North American Free Trade Agreement)
• CL (Chile)
• D (Africa Growth and Opportunity Act - AGOA)
• E (Caribbean Basin Initiative - CBI)
• IL (Israel)
• J (Andean Trade Preference Act - ATPA)
• JO (Jordan)
• K (Agreement on Trade in Pharmaceutical Products)
• MA (Morocco)
• MX (Mexico) - NAFTA (North American Free Trade Agreement)
• OM (Oman)
• P (Dominican Republic-Central American Free Trade Agreement - DR-CAFTA)
• PE (Peru)
• SG (Singapore)

It is important to note that the duty-free treatment or special rates may vary depending on the specific agreements or programs in place between the importing and exporting countries.

When considering the importing and exporting of goods classified under HS Code 29420005 in the United States, it is notable that Puerto Rico is listed as both an importing and exporting state. This indicates that Puerto Rico plays a significant role in the trade of aromatic or modified aromatic drugs of other organic compounds.

HS Code 29420005 refers to aromatic or modified aromatic drugs of other organic compounds, NESOI. This code is used for trade and customs classification purposes and helps regulate the import and export of these specific drugs. Understanding the associated duty rates and tariff preference programs is crucial for businesses and individuals involved in the trade of these goods.