HS Code 99020348 represents the product 1H-Indene-1,3(2H)-dione, 2-(4-bromo-3-hydroxy-2-quinolinyl)- (disperse yellow 64) (CAS No. 10319 14 9), which falls under the category of disperse dyes. This article aims to provide an extensive overview of the HS code and its associated product.
Disperse yellow 64, also known as 1H-Indene-1,3(2H)-dione, 2-(4-bromo-3-hydroxy-2-quinolinyl)-, is a type of disperse dye used primarily in the textile industry. It is commonly used for dyeing synthetic fibers such as polyester, acetate, and nylon. The CAS number 10319 14 9 is a unique identifier for this specific chemical compound.
The HS code 99020348 is used to classify and track the international trade of this particular product. HS codes are a standardized system used by customs authorities worldwide to categorize goods for import and export purposes. Each HS code consists of a six-digit number, with additional digits added for further specificity.
When importing or exporting goods, it is essential to know the relevant HS code as it determines the applicable customs duties and trade regulations. The HS code 99020348 falls under the category of disperse dyes, which may have specific duty rates and trade restrictions.
In terms of duty rates, the bound and MFN (Most Favored Nation) rates are significant factors to consider. The bound duty rate refers to the maximum tariff rate that a country has committed to under the World Trade Organization (WTO) agreements. On the other hand, the MFN duty rate is the rate applied to imports from most favored trading partners.
It is important to note that the duty rates can vary depending on the country and specific trade agreements in place. However, one significant principle of international trade is the concept of non-discrimination. This means that 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 ensures fair and equal treatment in international trade.
Unfortunately, the quantity unit for HS Code 99020348 is not available (NA) in the provided data. The quantity unit is crucial for determining the volume or weight of the product being traded. Without this information, it is challenging to assess the scale of import or export activities related to disperse yellow 64.
In addition to duty rates and quantity units, special tariff preference programs may apply to certain products and countries. These programs are designed to promote trade between specific countries or regions by providing preferential treatment, such as reduced or zero tariffs. However, the data provided does not specify any special tariff preference programs associated with HS Code 99020348.
When it comes to importing and exporting disperse yellow 64, it is essential to consider the specific regulations and requirements of the importing and exporting US states. Each state may have its own rules and procedures regarding the importation and use of chemical substances. Compliance with these regulations is crucial to ensure smooth and legal trade operations.
HS Code 99020348 represents the product 1H-Indene-1,3(2H)-dione, 2-(4-bromo-3-hydroxy-2-quinolinyl)- (disperse yellow 64), which is a disperse dye used in the textile industry. The HS code is essential for categorizing and tracking international trade, determining duty rates, and complying with trade regulations. While the provided data lacks specific details such as quantity units and special tariff preference programs, understanding the fundamentals of the HS code system is crucial for successful import and export operations.