The Harmonized System (HS) Code 99020412 refers to a specific product called 3-Dodecyl-1-(2,2,6,6-tetramethyl-4-piperidinyl)-2,5-pyrrolidinedione. This chemical compound, also known by its CAS number 79720 19 7, falls under subheading 2933.39.61. In this article, we will explore the details of this HS code and its implications in international trade.
The product 3-Dodecyl-1-(2,2,6,6-tetramethyl-4-piperidinyl)-2,5-pyrrolidinedione is a chemical compound used in various industries. Its unique molecular structure makes it suitable for applications such as stabilizers, antioxidants, and UV absorbers. The CAS number 79720 19 7 is an identifier used to specifically identify this compound in scientific literature and trade documentation.
When it comes to international trade, countries impose tariffs on imported goods to protect domestic industries or regulate trade. The Bound or Most Favored Nation (MFN) duty rate refers to the maximum tariff rate a country can impose on a specific product. In the case of HS Code 99020412, the duty rate is free. This means that there is no tariff imposed on the importation of this product, promoting its trade and accessibility.
It is important to note that the duty rate can vary depending on the country and trade agreements. Countries often negotiate preferential tariff rates through trade agreements, reducing or eliminating tariffs on specific goods. These preferential tariff rates may apply to HS Code 99020412 under certain special tariff preference programs.
Unfortunately, the available data does not provide information on the quantity unit for HS Code 99020412. The quantity unit is crucial in determining the volume or weight of the product being traded. It is typically specified in units such as kilograms, liters, or pieces. Without this information, it is challenging to assess the scale or magnitude of trade involving this specific product.
Special tariff preference programs are agreements or initiatives between countries aimed at promoting trade by reducing or eliminating tariffs on specific products. These programs encourage international cooperation, enhance market access, and foster economic growth.
For HS Code 99020412, it is important to explore whether any special tariff preference programs exist that could affect the duty rates. However, without specific information on the countries involved in the trade, it is difficult to provide an accurate assessment of the applicability of such programs.
HS Code 99020412 is not limited to a specific set of US states for either importing or exporting. It is applicable to all states in the United States. This means that any state can engage in the import or export of the product 3-Dodecyl-1-(2,2,6,6-tetramethyl-4-piperidinyl)-2,5-pyrrolidinedione without any restrictions based on geographical location.
The HS Code 99020412 represents the chemical compound 3-Dodecyl-1-(2,2,6,6-tetramethyl-4-piperidinyl)-2,5-pyrrolidinedione. This compound has various applications in industries such as stabilizers, antioxidants, and UV absorbers. The duty rate for this HS code is free, indicating that no tariffs are imposed on its importation. However, the availability of specific tariff preference programs and the quantity unit for this product may vary depending on the countries involved in the trade.
Overall, understanding the details of HS Code 99020412 is essential for businesses, policymakers, and traders involved in international trade. By knowing the classification, duty rates, and potential tariff preference programs, stakeholders can make informed decisions and navigate the global market more effectively.