The HS Code 99021162 refers to a specific product called Agrumex (CAS No. 20298-69-5) which falls under the subheading 2915.39.45. In this article, we will explore the details of this HS code, its product description, applicable duty rates, quantity units, and special tariff preference programs.
Agrumex is a chemical compound that is identified by the CAS No. 20298-69-5. It is categorized under the subheading 2915.39.45, which is a specific code used to classify similar products for international trade purposes. The HS code provides a standardized system for identifying and categorizing products to facilitate global trade.
The bound / MFN (Most Favored Nation) duty rate for the HS Code 99021162 is free. This means that whenever 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 duty rate encourages fair and equal trade practices among countries.
Unfortunately, the specific quantity unit for the HS Code 99021162 is not available (NA). However, it is essential to note that the quantity unit may vary depending on the specific characteristics and packaging of the Agrumex product being imported or exported.
In addition to the general duty rate, certain products classified under the HS Code 99021162 may be eligible for special tariff preference programs. These programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties. Some of the notable special tariff preference programs include:
The HS Code 99021162 is a crucial identifier for the product Agrumex (CAS No. 20298-69-5) falling under the subheading 2915.39.45. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code is essential for businesses and individuals involved in international trade. By adhering to these regulations and taking advantage of the available tariff preferences, both importers and exporters can optimize their trade activities and contribute to the growth of global commerce.