The HS Code 99020249 refers to the product p-(Trifluoromethyl)benzaldehyde, which is classified under CAS No. 455 19 6 and falls under the subheading 2913.00.40. This article will provide an extensive overview of the product, its uses, and the implications of the HS Code.
p-(Trifluoromethyl)benzaldehyde is a chemical compound that is commonly used in various industries. It is a colorless liquid with a distinct odor and is primarily used in the production of pharmaceuticals, agrochemicals, and dyes. The compound is known for its unique properties, including its ability to react with other chemicals to form different compounds.
The HS Code 99020249 is an essential classification system used by customs authorities worldwide to identify and categorize products for trade and statistical purposes. The code consists of six digits, with the first two representing the chapter, the next two indicating the heading, and the last two denoting the subheading. This standardized system ensures uniformity and facilitates international trade by providing a common language for customs officials and traders.
When importing or exporting goods, it is crucial to correctly identify the HS Code to ensure compliance with customs regulations and determine the applicable duties and tariffs. The HS Code 99020249 specifically classifies p-(Trifluoromethyl)benzaldehyde, allowing customs authorities to identify and track its movement across borders.
One significant aspect of the HS Code is its role in determining the duty rates for imported products. The bound or Most Favored Nation (MFN) duty rate is the maximum rate that a country can impose on a particular product. In the case of p-(Trifluoromethyl)benzaldehyde, the bound/MFN duty rate is free, indicating that no duty is levied on the import of this product. This can be advantageous for traders and businesses involved in the import and export of p-(Trifluoromethyl)benzaldehyde.
The HS Code also plays a crucial role in identifying special tariff preference programs that may be applicable to certain products. These programs provide preferential treatment, such as reduced or zero tariffs, for imports originating from specific countries or regions. However, in the case of p-(Trifluoromethyl)benzaldehyde, there are no special tariff preference programs currently in effect.
It is important to note that the quantity unit for p-(Trifluoromethyl)benzaldehyde is not available (NA). This means that the specific unit of measurement for this product is not specified in the HS Code. Traders and businesses dealing with this product should consult other relevant sources or documentation to determine the appropriate unit of measurement for their specific requirements.
the HS Code 99020249 classifies the product p-(Trifluoromethyl)benzaldehyde, providing a standardized system for its identification and categorization. This code plays a vital role in facilitating international trade, determining duty rates, and ensuring compliance with customs regulations. Understanding the HS Code is crucial for importers, exporters, and businesses involved in the trade of p-(Trifluoromethyl)benzaldehyde.