When it comes to international trade, a crucial aspect is the classification of products. The Harmonized System (HS) is a standardized system of names and numbers used worldwide to classify traded goods. Each product is assigned a unique HS code, which helps to streamline customs processes and facilitate international trade. In this article, we will delve into the details of HS Code 99020377 and explore the product it represents.
The HS Code 99020377 represents a specific product: 4,4-o-Phenylenebis-(3-thioallophanic acid), dimethyl ester, also known as thiophanate methyl. Its Chemical Abstracts Service (CAS) number is 23564-05-8. This product falls under the subheading 2930.90.10, as provided by the HS classification system.
Thiophanate methyl is a fungicide widely used in agriculture to protect crops from fungal diseases. It acts by inhibiting the growth of fungi and preventing the spread of infections. The dimethyl ester form of 4,4-o-Phenylenebis-(3-thioallophanic acid) allows for easy application and effective control of fungal pathogens.
The Bound / MFN (Most Favored Nation) duty rate for HS Code 99020377 is free. This means that no import duties or tariffs are applied when this product enters a country's market. The MFN principle ensures that every country treats all its trading partners equally, granting the same benefits and obligations to all.
When a country lowers a trade barrier or opens up its market, it must do so for all goods or services from all its trading partners. This promotes fair and non-discriminatory trade practices, fostering a level playing field for international commerce.
Unfortunately, the specific quantity unit for HS Code 99020377 is not available (NA). The quantity unit varies depending on the product and can be specified in terms of weight, volume, length, or any other applicable metric.
Special tariff preference programs are mechanisms established by countries to promote trade and economic cooperation. These programs provide preferential treatment, such as reduced or eliminated import duties, to eligible products from specific countries or regions.
For HS Code 99020377, there might be special tariff preference programs available, depending on the exporting and importing countries. These programs aim to encourage trade partnerships and facilitate market access for certain products.
As an international trade code, HS Code 99020377 applies to both importing and exporting activities involving the United States. The specific states involved in the import or export of this product may vary depending on market demand, production capabilities, and trade agreements.
It is important for traders, manufacturers, and importers/exporters to stay updated on the regulations and requirements specific to each state when dealing with HS Code 99020377. This ensures compliance with customs procedures and enables efficient trade operations.
HS Code 99020377 represents 4,4-o-Phenylenebis-(3-thioallophanic acid), dimethyl ester (thiophanate methyl), a fungicide used in agriculture to protect crops from fungal diseases. This code is subject to the MFN duty rate of free, indicating no import duties or tariffs. While the quantity unit is not specified, traders should be aware of any applicable special tariff preference programs and comply with state-specific regulations when dealing with this HS code.