When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying goods. Each HS Code is unique and represents a specific product or group of products. In this article, we will delve into the details of HS Code 99020295, which pertains to 2-Propenoic acid, polymer with diethenylbenzene.
HS Code 99020295 corresponds to 2-Propenoic acid, polymer with diethenylbenzene. This polymer is classified under CAS No. 9052 45 3 and is provided for in subheading 3914.00.60. The CAS number serves as a unique identifier for chemical compounds, ensuring accurate identification and classification.
The polymerization of 2-Propenoic acid with diethenylbenzene results in the formation of a versatile material with numerous applications. This polymer exhibits excellent thermal stability, chemical resistance, and mechanical strength, making it suitable for a wide range of industries.
The bound or most-favored-nation (MFN) duty rate refers to the tariff rate applied to imports. In the case of HS Code 99020295, the product is duty-free. This means that no import duties are imposed on this polymer when it is imported into a country.
When a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This principle of non-discrimination is central to international trade agreements and ensures fair and equal treatment for all participating countries.
Unfortunately, the specific quantity unit for HS Code 99020295 is not available (NA). The absence of a quantity unit implies that the measurement of this polymer is not determined by a standard unit of weight or volume. Other factors, such as concentration or volume percentage, may be used to quantify this product.
Special tariff preference programs are initiatives that provide preferential treatment to certain products or countries. However, in the case of HS Code 99020295, no special tariff preference programs apply. This means that the importation of this polymer does not qualify for any additional tariff benefits or exemptions.
It is worth noting that tariff preference programs can vary depending on the country of import and export. These programs aim to promote trade and economic cooperation by reducing or eliminating trade barriers for specific products or regions.
HS Code 99020295 has implications for both importing and exporting US states. The importing US states refer to the states within the United States that receive shipments of this polymer. Conversely, the exporting US states are the states that produce and ship this polymer to other countries.
Due to the versatility and wide range of applications of 2-Propenoic acid polymer with diethenylbenzene, it is likely that multiple US states are involved in both the import and export of this product. However, specific details regarding the importing and exporting US states are not available in the provided data.
HS Code 99020295 represents 2-Propenoic acid polymer with diethenylbenzene. This polymer is classified under CAS No. 9052 45 3 and falls under subheading 3914.00.60. It is duty-free and does not qualify for any special tariff preference programs. While the quantity unit is not available, this polymer offers a range of desirable properties for various industries. Understanding the HS Code allows for accurate classification and smooth international trade processes.