Acid Orange 116 is a chemical compound with the CAS number 12220 10 9, and it falls under the HS code 99020365. This code is provided for in the subheading 3204.12.50, which specifically refers to Acid Orange 116.
When it comes to international trade, understanding the HS code is crucial. The HS code is a standardized system for classifying products and commodities for customs purposes. It is used by countries worldwide to ensure consistent and accurate classification of goods.
The HS code 99020365 is specifically assigned to Acid Orange 116, which is a dye used in various industries. Dyes play a significant role in the textile, leather, and printing industries, among others. Acid Orange 116 is known for its vibrant orange color and is widely used for dyeing textiles and coloring leather products.
One of the key aspects of the HS code is its role in determining the duty rate for imported goods. The bound/MFN (Most Favored Nation) duty rate for Acid Orange 116 is free. This means that there are no tariff barriers or import duties imposed on this product when it is imported into a country. The MFN principle ensures that when 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.
It is important to note that the quantity unit for Acid Orange 116 is not available (NA). This means that the specific unit of measurement for this product is not specified in the data provided. However, it is commonly sold and traded in standardized units such as kilograms or liters.
In addition to the duty rate, there are special tariff preference programs that may apply to Acid Orange 116. These programs provide preferential treatment to certain products based on their origin or other criteria. The specific programs applicable to Acid Orange 116 can vary from country to country, and exporters and importers should be aware of the relevant programs to take advantage of any potential benefits.
When it comes to importing Acid Orange 116 into the United States, the data does not provide information about the specific importing states. However, it is important for importers to be familiar with the regulations and requirements of the states they plan to import into. Similarly, exporters should be aware of the regulations and requirements of the states they are exporting from.
the HS code 99020365 refers to Acid Orange 116, a dye widely used in various industries. Understanding the HS code is essential for international trade, as it helps classify products accurately and determine import duties. Acid Orange 116 has a bound/MFN duty rate of free, indicating that there are no tariff barriers for this product. Importers and exporters should also be aware of any special tariff preference programs that may apply. Overall, the HS code plays a crucial role in facilitating smooth and standardized trade across borders.