The HS Code 99020199 refers to Paclobutrazol, a chemical compound with the CAS No. 76738-62-0. This compound is categorized under subheading 2933.99.22 in the Harmonized System (HS) classification.
Paclobutrazol is widely used in agriculture as a plant growth regulator. It inhibits the production of gibberellins, a plant hormone responsible for promoting stem elongation. By reducing gibberellin levels, Paclobutrazol can control the height and growth of plants, resulting in more compact and sturdy crops.
One of the key aspects of the HS Code system is its role in determining import and export duties. The Bound or Most Favored Nation (MFN) duty rate for Paclobutrazol is free. This means that countries do not impose any additional tariffs or taxes on the import or export of this product. The MFN principle ensures 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.
Unfortunately, the quantity unit for Paclobutrazol is not available (NA) in the provided data. However, it is important to note that the HS Code system provides a standardized classification for products, which facilitates international trade by ensuring consistency and transparency in customs procedures.
In addition to the general duty rate, there are special tariff preference programs that may apply to the import or export of Paclobutrazol. These programs are designed to promote trade and economic cooperation between countries. It is worth exploring these programs to determine if any favorable tariff rates or exemptions are applicable.
When it comes to the import and export of Paclobutrazol, it is essential to consider the specific regulations and requirements of both the importing and exporting US states. Different states may have varying rules regarding the use, transportation, and labeling of chemicals. Compliance with these regulations is crucial to ensure smooth trade operations and to protect human health and the environment.
HS Code 99020199 represents Paclobutrazol, a plant growth regulator used in agriculture. The code plays a crucial role in determining import and export duties, with the MFN duty rate set as free. It is important to keep in mind the special tariff preference programs that may apply and to comply with the regulations of the importing and exporting US states. By understanding and adhering to these guidelines, businesses can effectively engage in international trade of Paclobutrazol.