The HS Code 99020358 corresponds to the product 9,10-Anthracenedione, 1,5-diaminochloro-4,8-dihydroxy- (disperse blue 56). This product is classified under the subheading 3204.11.10 of the Harmonized System (HS), an international standard for product classification.
9,10-Anthracenedione, 1,5-diaminochloro-4,8-dihydroxy- (disperse blue 56) is a chemical compound commonly used as a dye in various industries. Its CAS number is 12217-79-7, which uniquely identifies it in chemical databases.
When it comes to international trade, the HS Code plays a crucial role in facilitating the movement of goods across borders. It provides a standardized system for classifying products, allowing customs authorities and traders to identify and categorize goods accurately.
The HS Code 99020358 falls under the category of dyes, pigments, and other coloring matter. This classification is essential for customs clearance, as it determines the applicable duties, taxes, and regulations for the product.
The bound or Most Favored Nation (MFN) duty rate refers to the rate of duty that a country has committed to under the World Trade Organization (WTO) agreements. It represents the maximum tariff rate that a country can impose on a specific product.
For HS Code 99020358, the bound / MFN duty rate is free. This means that no import duties or taxes are levied on this product when it is traded between countries. The elimination of trade barriers and the promotion of free trade are essential goals of the WTO.
Under the principle of non-discrimination, 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 ensures fair and equal treatment for all trading nations.
The quantity unit for HS Code 99020358 is not available (NA). This indicates that the specific unit of measurement for this product may vary depending on the context and industry in which it is used.
However, it is important to note that regardless of the quantity unit, the HS Code remains the same. This allows for consistency and uniformity in product classification, regardless of the specific details or measurements associated with the product.
In addition to the bound / MFN duty rate, countries may also offer special tariff preference programs to promote trade and support specific industries. These programs aim to provide preferential treatment to certain products or trading partners, often through reduced or zero-duty rates.
For HS Code 99020358, there may be special tariff preference programs available depending on the importing and exporting countries. These programs can vary widely and may be bilateral or multilateral agreements between specific countries or groups of countries.
It is important for importers and exporters to stay informed about these special tariff preference programs and take advantage of any benefits they offer. This can help reduce the cost of importing or exporting HS Code 99020358 and enhance competitiveness in the global market.
The HS Code 99020358 represents the product 9,10-Anthracenedione, 1,5-diaminochloro-4,8-dihydroxy- (disperse blue 56). As a dye, this product plays a vital role in various industries. Understanding the HS Code, its associated duties, and any special tariff preference programs is essential for smooth international trade.
By adhering to the HS Code system, countries can ensure accurate product classification, promote fair trade practices, and facilitate the movement of goods across borders. Importers and exporters should familiarize themselves with the specific requirements and regulations associated with HS Code 99020358 to optimize their trade activities.