HS Code 99021243: Dimethyl Carbonate
Dimethyl carbonate, classified under HS code 99021243, is a chemical compound with the CAS number 616-38-6. It falls under subheading 2920.90.50, which is specifically designated for this product. In this article, we will explore the details of this HS code, its product description, and other relevant information.
Product Description:
Dimethyl carbonate is an organic compound with the chemical formula (CH3O)2CO. It is a colorless and flammable liquid that has a slightly sweet odor. This versatile chemical is used in various industries due to its unique properties. It is mainly employed as a solvent, fuel additive, and intermediate in the synthesis of other chemicals.
Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for HS code 99021243 is free. This means that whenever a country lowers a trade barrier or opens up a market, it must extend the same tariff treatment to all its trading partners for the import of dimethyl carbonate. This encourages fair and equal trade practices between nations.
Quantity Unit:
The quantity unit for HS code 99021243 is not available (NA). This indicates that the measurement unit for this product may vary depending on the specific trade transaction or industry requirements. It is essential for importers and exporters to determine the appropriate quantity unit based on their specific needs.
Special Tariff Preference Programs:
Certain countries may have special tariff preference programs that provide preferential treatment for the import of dimethyl carbonate under HS code 99021243. These programs aim to promote trade and economic cooperation between specific countries or regions. Importers and exporters should be aware of such programs to take advantage of potential tariff reductions or exemptions.
Importing and Exporting US States:
When it comes to the import and export of dimethyl carbonate in the United States, it is crucial to consider the specific states involved. Different states may have varying regulations and requirements for the importation and exportation of chemicals. It is advisable to consult with the relevant authorities or seek professional guidance to ensure compliance with state-specific regulations.
Additional Information:
Dimethyl carbonate, apart from its usage as a solvent and fuel additive, also finds application in the production of pharmaceuticals, agrochemicals, and cleaning agents. It is considered a safer alternative to traditional solvents due to its low toxicity and environmentally friendly nature. As a result, the demand for dimethyl carbonate is expected to grow in the coming years.
HS code 99021243 refers to dimethyl carbonate, a versatile chemical compound used in various industries. Its product description, bound duty rate, quantity unit, and special tariff preference programs should be taken into consideration by importers and exporters. The knowledge of specific state regulations is also crucial for successful trade transactions involving dimethyl carbonate.
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