Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99021275: A Comprehensive Guide to its Product Description and Special Tariff Preference Programs

The HS Code 99021275 refers to a specific product description, which is a mix of (CAS No. 330-54-1) with acrylate rubber (in 3812.10.50). This code is used to classify and identify this particular product in international trade.

The CAS No. 330-54-1 is a unique identification number assigned to a specific chemical compound, while acrylate rubber falls under the subcategory 3812.10.50. By using the HS Code 99021275, customs officials and traders can easily determine the nature and category of the product being imported or exported.

One important aspect to consider when dealing with international trade is the bound / MFN (Most Favored Nation) duty rate. This refers to the rate at which customs duties are imposed on imported goods. The principle behind this duty rate is 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.

The bound / MFN duty rate for HS Code 99021275 is free. This means that there are no customs duties imposed on this particular product when it is imported or exported. This can be advantageous for traders as it eliminates additional costs and makes the product more competitive in the international market.

It is important to note that the quantity unit for HS Code 99021275 is not available (NA). This means that the specific unit of measurement for this product is not specified in the data. Traders and customs officials should seek further clarification or refer to additional documentation to determine the appropriate quantity unit when dealing with this HS Code.

Additionally, there are special tariff preference programs that may apply to HS Code 99021275. These programs provide certain benefits and incentives to eligible countries or regions when trading specific goods. Some of these programs include:

• Generalized System of Preferences (GSP): The GSP program allows eligible developing countries to export certain products to participating countries at reduced or zero tariffs. Traders should check if HS Code 99021275 falls under the eligible products for GSP benefits.
• Free Trade Agreements (FTAs): FTAs are agreements between two or more countries that aim to reduce barriers to trade and promote economic cooperation. If there are any FTAs in place that cover HS Code 99021275, traders may be entitled to preferential tariff rates.
• Regional Trade Agreements (RTAs): Similar to FTAs, RTAs are agreements between countries within a specific region. These agreements also aim to facilitate trade and may offer preferential tariff rates for HS Code 99021275.

When importing or exporting HS Code 99021275 to or from the United States, it is important to consider the specific regulations and requirements of the importing and exporting US states. Each state may have its own set of rules and regulations regarding imports and exports, which traders should comply with to ensure smooth and legal trade operations.

HS Code 99021275 represents a mix of (CAS No. 330-54-1) with acrylate rubber (in 3812.10.50). Traders should take note of the bound / MFN duty rate, which is free for this HS Code. Additionally, special tariff preference programs such as GSP, FTAs, and RTAs may provide further benefits and incentives when trading this specific product. Understanding the regulations of the importing and exporting US states is crucial for successful trade operations involving HS Code 99021275.