Albumins, albuminates, and other albumin derivatives are classified under HS Code 35029000. This code is used to identify and categorize these specific products for international trade purposes. In this article, we will explore the details of this HS Code, including its description, duty rates, quantity unit, and special tariff preference programs.
Under HS Code 35029000, albumins, albuminates, and other albumin derivatives that are not elsewhere specified or included (nesoi) are classified. This category encompasses a wide range of albumin-based products, including various derivatives and formulations.
The bound or Most Favored Nation (MFN) duty rate for products classified under HS Code 35029000 is free. This means that when 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. This duty-free treatment encourages international trade and promotes fair competition.
The quantity unit for products classified under HS Code 35029000 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported albumin products.
There are several special tariff preference programs that apply to products classified under HS Code 35029000. These programs offer specific duty rates or exemptions based on the country of origin or destination. The following is a list of special tariff preference programs and their respective eligibility criteria:
When it comes to importing albumins, albuminates, and other albumin derivatives classified under HS Code 35029000, various US states engage in trade. One such state is Idaho, which imports these products from different countries. It is worth noting that this HS Code applies to both import and export activities across the United States.
HS Code 35029000 classifies albumins, albuminates, and other albumin derivatives that are not elsewhere specified or included. This code is used to identify and regulate the international trade of these products. The duty rate for this HS Code is generally free, and the quantity unit is kilograms. Additionally, several special tariff preference programs offer specific duty rates or exemptions based on the country of origin or destination. Understanding these details is essential for businesses involved in the import and export of albumin-based products.