HS Code 99020116 refers to the product 5-Ethylpyridine-2,3-dicarboxylic acid, which is identified by the CAS number 102268 15 5. This product falls under the subheading 2933.39.61 as provided by the Harmonized System (HS) classification.
When it comes to international trade, HS codes play a crucial role in identifying and classifying products. They provide a standardized system for the classification of goods, allowing countries to establish uniformity in customs procedures, tariff rates, and trade statistics.
The HS Code 99020116 specifically pertains to 5-Ethylpyridine-2,3-dicarboxylic acid, a chemical compound used in various industries such as pharmaceuticals, research, and manufacturing. It is often used as an intermediate or building block in the synthesis of other organic compounds.
One important aspect to note is the bound and Most Favored Nation (MFN) duty rate. The bound duty rate refers to the maximum tariff rate that a country can impose on a particular product. On the other hand, the MFN duty rate is the tariff rate applied to the product when trading partners grant each other the most favorable treatment.
For HS Code 99020116, the duty rate is listed as "Free." This means that there are no tariffs or duties imposed on the import or export of this product. This can be advantageous for businesses involved in the trade of 5-Ethylpyridine-2,3-dicarboxylic acid, as it eliminates additional costs and barriers to trade.
In addition to the duty rate, it is also important to consider quantity units. However, in the case of HS Code 99020116, the quantity unit is listed as "not available" (NA). This indicates that the specific unit of measurement for this product is not specified or provided in the available data.
Special tariff preference programs are another aspect to consider for international trade. These programs provide preferential treatment, such as reduced or zero tariffs, for specific goods or countries. However, it is not specified whether HS Code 99020116 is eligible for any special tariff preference programs.
When it comes to importing and exporting this product, it is essential to consider the regulations and requirements of the importing and exporting countries. The data provided does not specify the specific countries involved in the import and export of HS Code 99020116.
HS Code 99020116 represents the product 5-Ethylpyridine-2,3-dicarboxylic acid. This chemical compound is used in various industries and falls under the subheading 2933.39.61. It has a duty rate of "Free," indicating that no tariffs or duties are imposed on its import or export. However, it is important to consider the specific regulations and requirements of the countries involved in the trade of this product.