When it comes to international trade, the Harmonized System (HS) codes play a crucial role in identifying and classifying products. These codes are used by customs authorities around the world to facilitate the smooth movement of goods across borders. In this article, we will delve into the details of HS Code 99021258, which pertains to Metalaxyl-M.
Metalaxyl-M, with the chemical formula CAS 70630-17-0 & 69516-34-3, is an important pesticide used in agriculture. It falls under the category of 2924.29.47 in the HS code classification. This particular HS code is assigned to Metalaxyl-M to ensure proper identification and regulation of its import and export.
One of the significant aspects associated with HS Code 99021258 is the bound / MFN duty rate. The term MFN stands for Most Favored Nation, which implies that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This principle ensures fair and non-discriminatory trade practices among countries.
As for the quantity unit, it is stated as not available (NA) for HS Code 99021258. This means that the specific unit of measurement for Metalaxyl-M is not specified in the classification.
Furthermore, there are special tariff preference programs associated with the import and export of Metalaxyl-M. These programs are designed to provide certain benefits and incentives to countries involved in trading this product. The details of these programs may vary depending on the specific country and its trade agreements.
It is also interesting to note that HS Code 99021258 has implications for both importing and exporting US states. This means that Metalaxyl-M can be imported into or exported from various states within the United States. The specific requirements and regulations may differ from state to state, but the HS code serves as a common identifier for this product across the country.
HS Code 99021258, which pertains to Metalaxyl-M (CAS 70630-17-0 & 69516-34-3), plays a crucial role in the regulation and identification of this pesticide in international trade. The bound / MFN duty rate ensures fair and non-discriminatory trade practices, while the special tariff preference programs offer additional benefits to trading countries. Understanding the details of this HS code is essential for importers, exporters, and customs authorities involved in the movement of Metalaxyl-M across borders.