Isocyanatosulfonyl, categorized under HS Code 99021197, is a chemical compound with the CAS number 74222-95-0. It falls under the subheading 2930.90.29 in the Harmonized System (HS) of product classification. This article will provide an extensive overview of this HS Code and its associated product.
The HS Code is an internationally recognized system used to classify and categorize products for customs and trade purposes. Each HS Code consists of a unique numerical code that signifies a specific product or group of products. In the case of HS Code 99021197, it refers to Isocyanatosulfonyl.
Isocyanatosulfonyl is a chemical compound commonly used in various industries, including pharmaceuticals, agriculture, and manufacturing. It is known for its versatility and wide range of applications. The compound is primarily used as a reagent in organic synthesis, specifically in the formation of various chemical compounds.
When it comes to trade, the HS Code plays a crucial role in facilitating international commerce. It ensures that the same goods or services are traded under the same conditions across all trading partners. This principle is known as the Most Favored Nation (MFN) duty rate, where a country must lower trade barriers or open up its market equally for all its trading partners.
The MFN duty rate for Isocyanatosulfonyl under HS Code 99021197 is free. This means that there are no additional duties or charges imposed on the import or export of this product. It provides a significant advantage for businesses and promotes fair trade practices.
While the quantity unit for Isocyanatosulfonyl is not available (NA), it is important to note that the specific unit of measurement may vary depending on the packaging and form in which the product is traded. It is essential for importers and exporters to understand the specific quantity units applicable to their trade transactions.
In addition to the general trade regulations, there are special tariff preference programs that may benefit importers or exporters of Isocyanatosulfonyl. These programs are designed to promote trade and economic cooperation between specific countries or regions.
Importing US states and exporting US states are key players in the trade of Isocyanatosulfonyl. The specific states involved in the import and export of this product may vary depending on market demand, production capabilities, and supply chain dynamics. It is crucial for businesses to stay informed about the trade flow and potential market opportunities within the United States.
HS Code 99021197 represents Isocyanatosulfonyl, a chemical compound with various applications across industries. This HS Code enables fair trade practices and ensures that the same goods or services are traded under the same conditions. The MFN duty rate for this product is free, providing a competitive advantage for businesses. Importers and exporters must be aware of the specific quantity units and any special tariff preference programs that may apply to their trade transactions. By understanding the significance of HS Code 99021197, businesses can effectively navigate international trade and contribute to global economic growth.