HS Code 99020286: Propanoic acid, 2-[4-(cyano-2-fluorophenoxy)phenoxy]butyl ester (2R)
Propanoic acid, 2-[4-(cyano-2-fluorophenoxy)phenoxy]butyl ester (2R) is a chemical compound that falls under the HS code 99020286. It is also known by its CAS number 122008 85 9. The substance is categorized under subheading 2926.90.25 in the Harmonized System (HS) of product classification.
The HS code system is an internationally recognized standard for classifying products in international trade. It is maintained by the World Customs Organization (WCO) and is used by customs authorities around the world to determine the duties, taxes, and regulations applicable to specific products.
The HS code 99020286 represents a specific type of propanoic acid ester compound. It is commonly used in various industries such as pharmaceuticals, agriculture, and chemical manufacturing. The compound has several applications, including as an intermediate in the synthesis of pharmaceutical drugs and as a component in the production of herbicides and pesticides.
The bound or most favored nation (MFN) duty rate for this HS code is 2%. The MFN duty rate is the standard tariff rate that applies to all countries unless a preferential trade agreement or special tariff preference program is in place. This means that whenever 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.
The quantity unit for this HS code is not available (NA), which means that the specific unit of measurement for this product is not specified in the data. It could be kilograms, liters, or any other appropriate unit depending on the context of the trade.
As for special tariff preference programs, there is no specific change mentioned in the data. Special tariff preference programs are trade agreements or arrangements between countries that provide preferential treatment, such as reduced or zero-duty rates, for certain products. These programs aim to promote trade and economic cooperation between participating countries.
When importing this product into the United States, the exporting US states may vary depending on the specific trade partners and sources of the compound. It is important for importers to comply with the customs regulations and requirements of both the exporting and importing countries to ensure smooth and legal trade transactions.
HS Code 99020286 represents the chemical compound Propanoic acid, 2-[4-(cyano-2-fluorophenoxy)phenoxy]butyl ester (2R). It is a versatile compound with various applications in pharmaceuticals, agriculture, and chemical manufacturing. The MFN duty rate for this code is 2%, and the quantity unit is not specified. Importers should be aware of the customs regulations and requirements when trading this product.
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