The HS Code 99021031 refers to Chloral--Trichloroacetaldehyde, which is classified under subheading 2913.00.50. In this educational article, we will explore the product description, tariff rates, quantity unit, and special tariff preference programs associated with this HS code.
Chloral--Trichloroacetaldehyde, with the CAS number 75-87-6, falls under subheading 2913.00.50 of the Harmonized System (HS) Code. The HS Code is an internationally recognized system for classifying traded products. It provides a standardized method for identifying and categorizing goods in international trade.
Chloral--Trichloroacetaldehyde is a chemical compound used in various industries. It has applications in the manufacturing of pharmaceuticals, dyes, and pesticides. The specific uses and properties of this compound depend on the industry and application it is being used for.
The bound or most-favored nation (MFN) duty rate for HS Code 99021031 is free. This means that there are no import duties levied on the goods classified under this HS code. When a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This principle ensures fair and non-discriminatory trade practices.
By having a duty-free rate for Chloral--Trichloroacetaldehyde, countries encourage its importation, promoting international trade and fostering economic growth.
The quantity unit for HS Code 99021031 is not available (NA). This means that the specific unit of measurement for this particular product is not specified. The quantity unit may vary depending on the form in which Chloral--Trichloroacetaldehyde is traded or used. It could be measured in kilograms (kg), liters (L), or any other relevant unit depending on the industry requirements.
Special tariff preference programs may be applicable to the import or export of goods classified under HS Code 99021031. These programs are designed to promote trade between countries and provide preferential treatment to certain products based on various criteria.
For example, the United States may have special tariff preference programs in place that offer reduced or eliminated duties for certain products imported from specific countries. These programs aim to support developing countries, promote regional economic integration, or address specific trade-related concerns.
It is important for importers and exporters to stay informed about the specific tariff preference programs available for Chloral--Trichloroacetaldehyde under HS Code 99021031. This information can help businesses take advantage of any applicable benefits and optimize their international trade operations.
HS Code 99021031 represents Chloral--Trichloroacetaldehyde, a chemical compound used in various industries. Its classification, duty rate, quantity unit, and special tariff preference programs play crucial roles in international trade. Understanding these details can enable businesses to navigate trade regulations, optimize costs, and seize opportunities in the global market.