The HS Code 99021180 refers to a specific product known as Desmodur E 14, which has the CAS number 127821-00-5. This product is classified under the subheading 3909.50.50. Understanding the HS Code system is essential for international trade as it helps in the identification and classification of various products for customs purposes.
Desmodur E 14 is a chemical compound commonly used in the production of various industrial products. It falls under the category of polyisocyanates, which are widely employed in the manufacturing of coatings, adhesives, and sealants. The HS Code 99021180 helps in distinguishing this particular product from others in the same category.
One important aspect related to trade barriers and market access is the Bound / MFN (Most Favored Nation) duty rate. The Bound / MFN duty rate signifies the maximum tariff that a country can apply to imports of a specific product. In the case of HS Code 99021180, the duty rate is free, indicating that there are no additional tariffs or duties imposed on the import of Desmodur E 14.
When a country lowers a trade barrier or opens up its market, it must do so for all its trading partners equally. This principle, known as Most Favored Nation treatment, ensures fair and non-discriminatory trade practices. Therefore, any country importing Desmodur E 14 under HS Code 99021180 would benefit from the same duty-free treatment as all other trading partners.
The specific quantity unit for Desmodur E 14 is not available (NA). This means that the measurement unit for this product may vary depending on the specific requirements of the trade transaction. It could be measured in kilograms, liters, or any other appropriate unit as agreed upon by the buyer and seller.
In addition to the general principles of trade, there are also special tariff preference programs that may apply to certain products. These programs provide additional benefits, such as reduced or zero tariffs, to specific countries or regions. However, it is important to note that the availability of these programs depends on the respective trade agreements and the compliance of the product with the program's rules of origin.
Importing and exporting US states play a crucial role in international trade. The HS Code 99021180 enables these states to accurately identify and classify the products being imported or exported. This information is essential for customs clearance, statistical analysis, and monitoring of trade flows.
the HS Code 99021180 refers to Desmodur E 14, a chemical compound used in various industrial applications. Understanding the HS Code system, along with the associated duty rates and tariff preference programs, is vital for smooth international trade. Compliance with customs regulations and accurate classification of products under their respective HS Codes is crucial for businesses engaging in global commerce.