The HS Code 99020139 refers to the product 2,2-Dimethyl-3-(3-methylphenyl)propanol, which has the CAS number 103694 68 4. This product is classified under subheading 2906.29.20. In this article, we will explore more about this HS code, its product description, duty rates, quantity units, and any special tariff preference programs associated with it.
2,2-Dimethyl-3-(3-methylphenyl)propanol is a chemical compound used in various industries. It is commonly used as a solvent, fragrance ingredient, or intermediate in the manufacturing of other chemicals. The CAS number, 103694 68 4, uniquely identifies this compound. The HS code 99020139 is used to classify and identify this product for international trade purposes.
The bound or most-favored-nation (MFN) duty rate for HS Code 99020139 is free. This means that there are no import duties imposed on this product when it is imported into a country. The concept of MFN is based on the principle that when 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. Therefore, the duty rate for HS Code 99020139 remains free regardless of the country of import.
The quantity unit for HS Code 99020139 is not available (NA). This means that the specific unit of measurement for this product is not specified in the HS code classification. The quantity unit could vary depending on the specific context of the trade transaction or the requirements of the importing and exporting countries.
There may be special tariff preference programs associated with HS Code 99020139, depending on the countries involved in the trade. These programs are designed to provide preferential treatment to certain products or trading partners, usually with the aim of promoting economic development or strengthening trade relations.
Importing and exporting US states may have specific programs or agreements in place that provide preferential treatment for the import or export of products classified under HS Code 99020139. These programs can include free trade agreements, regional trade agreements, or specific preferential tariffs granted to certain trading partners.
It is important for importers and exporters to be aware of any special tariff preference programs related to HS Code 99020139, as they can potentially reduce or eliminate import duties, making the trade more cost-effective and competitive.
HS Code 99020139 refers to the product 2,2-Dimethyl-3-(3-methylphenyl)propanol, which is classified under subheading 2906.29.20. This product is used in various industries and is identified by its CAS number 103694 68 4. The duty rate for this HS code is free, and the quantity unit is not available. Importers and exporters should also be aware of any special tariff preference programs that may apply to HS Code 99020139, as they can provide additional benefits in international trade.