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Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 99021276: A Comprehensive Guide

HS Code 99021276 refers to a specific product that consists of a mix of (CAS No. 122012-52-6) with an elastomer binder of ethylene-propylene-diene. This product falls under the category of 3812.10.50 in the Harmonized System (HS) of product classification.

Product Description

The product described by HS Code 99021276 is a mixture that contains a specific chemical compound identified by its CAS Number 122012-52-6. This compound is combined with an elastomer binder made of ethylene-propylene-diene. The use of this elastomer binder enhances the properties and performance of the mixture.

It is important to note that the HS Code 99021276 is used globally to classify and track the import and export of this specific product. The HS Code system is widely recognized and adopted by countries around the world, ensuring uniformity and consistency in trade documentation and regulations.

Bound / MFN Duty Rate

The Bound / MFN (Most Favored Nation) duty rate for HS Code 99021276 is free. This means that countries must eliminate or significantly reduce import duties on this product to promote fair and equal trade among their trading partners.

This duty rate is an essential aspect of international trade agreements. Whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This principle ensures that all countries have equal access to markets and benefits from a more open and competitive global trade environment.

Quantity Unit

The quantity unit for HS Code 99021276 is not available (NA). This implies that the specific measurement unit for this product is not defined or standardized. The absence of a quantity unit indicates that the measurement of this product may vary depending on the specific requirements or context of its use.

Special Tariff Preference Programs

HS Code 99021276 may also be eligible for special tariff preference programs offered by certain countries. These programs aim to provide additional trade advantages and benefits to specific products, industries, or trading partners.

It is advisable for importers and exporters of products classified under HS Code 99021276 to research and familiarize themselves with the special tariff preference programs available in the countries they are conducting business with. By leveraging these programs, businesses can potentially reduce costs and gain a competitive edge in international trade.

Importing and Exporting US States

The HS Code 99021276 applies to both importing and exporting activities involving the United States. Importing US states refer to the states within the US that receive and consume products classified under this HS Code, while exporting US states are those that produce and ship these products to other countries.

It is crucial for businesses engaged in international trade to understand the specific regulations, requirements, and documentation associated with the import and export of products classified under HS Code 99021276. Compliance with these regulations ensures smooth and legal trade operations while avoiding any potential penalties or disruptions in the supply chain.

HS Code 99021276 represents a specific product that consists of a mixture of (CAS No. 122012-52-6) with an elastomer binder of ethylene-propylene-diene. Understanding the details and implications of this HS Code is essential for businesses involved in the import and export of this product, as it enables compliance with international trade regulations and facilitates seamless trade operations.



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