HS Code 99020229 corresponds to the product description of 10,10 -Oxybisphenoxarsine (CAS No. 58 36 6) and is provided for in subheading 2934.99.18. This HS code is used to classify and identify this specific product for customs and trade purposes.
In international trade, the Harmonized System (HS) is a standardized system of names and numbers to classify traded products. It helps to simplify the identification and categorization of goods, allowing for uniformity and consistency in trade transactions. The HS code is an essential part of this system, as it provides a unique code for each product, making it easier to track and regulate trade.
10,10 -Oxybisphenoxarsine, the specific product described by HS Code 99020229, is a chemical compound with the CAS number 58 36 6. This compound is commonly used in various industries for its unique properties and applications. It is important to accurately classify and identify this product to ensure proper regulation and control.
When it comes to trade barriers and market access, the MFN (Most Favored Nation) principle plays a significant role. According to this principle, every time 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. This principle aims to promote fair and equal trade practices among countries.
The bound and MFN duty rate for HS Code 99020229 is free. This means that there are no additional customs duties or tariffs imposed on the import or export of this product. However, it is important to note that tariff rates can vary depending on the specific country and trade agreements in place.
Unfortunately, the quantity unit for HS Code 99020229 is not available (NA). This information is crucial for effectively managing and monitoring trade flows. The absence of a quantity unit may limit the ability to accurately track the volume of imports and exports for this specific product.
In addition to the standard tariff rates, special tariff preference programs may also apply to HS Code 99020229. These programs are designed to provide certain benefits and incentives for specific types of products, countries, or trade arrangements. It is essential for importers and exporters to be aware of any applicable special tariff preference programs to optimize their trade activities.
When it comes to importing or exporting products under HS Code 99020229 in the United States, it is important to consider the specific regulations and requirements of the individual states. Different states within the US may have additional regulations and restrictions on certain products, including 10,10 -Oxybisphenoxarsine. It is crucial to comply with all applicable state laws to ensure smooth and legal trade transactions.
HS Code 99020229 is used to classify and identify the product description of 10,10 -Oxybisphenoxarsine (CAS No. 58 36 6). This HS code plays a crucial role in international trade by simplifying the identification of goods and facilitating trade transactions. Understanding the bound and MFN duty rates, quantity unit availability, and special tariff preference programs is essential for importers and exporters dealing with this specific product. Additionally, considering the regulations and requirements of importing and exporting states in the US is important to ensure compliance and legality.