The HS Code 99021207 refers to a specific product known as NOA 446510 Technical (CAS 374726-62-2) (in heading 2924.29.47). This HS code is used to classify and identify the product for international trade purposes. In this article, we will explore the product description, tariff rates, and other relevant information related to HS Code 99021207.
The product NOA 446510 Technical (CAS 374726-62-2) falls under the classification of heading 2924.29.47. It is a technical product with a specific chemical composition, represented by its CAS number. The CAS number, which stands for Chemical Abstracts Service number, is a unique identifier for chemical substances. In this case, the CAS number is 374726-62-2.
Unfortunately, detailed information about the specific characteristics, uses, or applications of NOA 446510 Technical is not available. As a result, it is challenging to provide a comprehensive product description. However, the HS code allows customs authorities and traders to identify and classify the product for trade purposes.
The bound / Most Favored Nation (MFN) duty rate for HS Code 99021207 is set at 1.2%. The MFN duty rate is the rate applied to imports from a country that is a member of the World Trade Organization (WTO). It ensures that all WTO members receive the same treatment regarding trade barriers and market access.
According to the principle of MFN, whenever a country lowers a trade barrier or opens up a market for a specific product, it must do so for all its trading partners. This principle promotes fairness and non-discrimination in international trade.
Unfortunately, the quantity unit for HS Code 99021207 is not available (NA). The absence of a specific quantity unit indicates that the product may not be traded based on a particular volume or weight. Instead, the trade of NOA 446510 Technical may be based on other factors such as value or packaging units.
Special tariff preference programs may exist for products classified under HS Code 99021207. These programs offer preferential tariff rates or exemptions to certain countries or regions based on trade agreements or economic partnerships.
However, without further information, it is challenging to identify specific tariff preference programs applicable to NOA 446510 Technical. Traders and importers should consult the relevant trade agreements or contact customs authorities to determine if any special tariff preferences exist for this product.
HS Code 99021207 is used for both importing and exporting the product NOA 446510 Technical in the United States. The HS code facilitates trade by providing a standardized classification system that is recognized internationally.
As the HS code is a global standard, it is used by customs authorities worldwide to identify and classify products. This enables efficient customs clearance, accurate trade statistics, and proper application of tariff rates.
When importing or exporting NOA 446510 Technical, traders should ensure compliance with all relevant regulations and documentation requirements. They should also be aware of any specific import or export restrictions, licensing requirements, or certification needed for the product.
HS Code 99021207 is assigned to the product NOA 446510 Technical (CAS 374726-62-2). This HS code allows for the classification, identification, and regulation of the product in international trade. The bound / MFN duty rate for this HS code is 1.2%, ensuring non-discriminatory trade practices. However, detailed information about the product's characteristics, quantity unit, and special tariff preference programs is not available.
Traders and importers dealing with NOA 446510 Technical should consult with customs authorities, trade agreements, and relevant regulations to ensure compliance and facilitate smooth international trade transactions.