The Harmonized System (HS) Code 99021146 corresponds to the product Isoxaflutole, which is classified under the CAS No. 141112-29-0. This HS code is specifically provided for in subheading 2934.99.15, which falls under the broader category of "nitrogen-function compounds."
Isoxaflutole is a chemical compound commonly used as a selective herbicide to control broadleaf weeds and grasses in various crops, including corn, soybeans, and sugarcane. It works by inhibiting an enzyme essential for plant growth, making it an effective tool for weed management in agriculture.
Trade regulations play a crucial role in determining the import and export of Isoxaflutole and other goods. One such regulation is the concept of the Bound / Most Favored Nation (MFN) duty rate. As per this principle, a country must lower trade barriers or open up its market for the same goods or services from all its trading partners. This ensures fair and non-discriminatory treatment in international trade.
The quantity unit for Isoxaflutole is not available (NA) in the provided data. However, it is typically measured and traded in metric tons or kilograms, depending on the specific requirements of the importing and exporting parties.
In addition to the general trade regulations, Isoxaflutole may also be eligible for special tariff preference programs. These programs aim to promote trade and economic cooperation between specific countries or regions by providing preferential treatment in terms of reduced or zero-duty rates.
Importing US states and exporting US states play a crucial role in the trade of Isoxaflutole. The United States is one of the major producers and consumers of this herbicide, and its trade dynamics influence the global market for Isoxaflutole.
It is important for importers and exporters of Isoxaflutole to stay updated with the latest trade regulations, including any changes in the HS code classification, duty rates, and special tariff preference programs. Compliance with these regulations ensures smooth and legal trade operations, avoiding any potential penalties or disruptions in business.
HS Code 99021146 represents Isoxaflutole, a selective herbicide used in various crops. Understanding trade regulations, such as the Bound / MFN duty rate and special tariff preference programs, is essential for importers and exporters dealing with this product. By adhering to these regulations, businesses can maintain compliance and foster a conducive environment for international trade.