When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products for customs purposes. Each product is assigned a unique HS Code, which helps in identifying and categorizing goods for import and export. In this article, we will delve into the details of HS Code 99021329 and explore the product description, duty rates, and other relevant information.
HS Code 99021329 refers to Brodifacoum Technical, a substance with the CAS No. 56073-10-0. This code falls under subheading 2932.29.10, which specifically classifies chemical compounds. Brodifacoum Technical is widely used as a rodenticide, primarily targeting rats and mice. It is a highly effective anticoagulant poison that disrupts blood clotting, leading to rodent mortality. The technical grade of Brodifacoum is used for formulation into various rodenticide products.
Brodifacoum Technical is regulated due to its toxic nature and potential harm to non-target species. Therefore, it is essential to ensure proper handling, storage, and application of this chemical to prevent any adverse effects on the environment and human health.
The bound or Most Favored Nation (MFN) duty rate is the tariff rate that a country applies to imports from all its trading partners. It is crucial to maintain fairness and equal treatment in international trade. 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.
For HS Code 99021329, the bound duty rate is free. This means that countries importing Brodifacoum Technical under this HS Code are not required to pay any customs duties. However, it is important to note that duty rates can vary for different HS Codes and may be subject to change as per international trade agreements and policies.
Unfortunately, the specific quantity unit for HS Code 99021329 is not available (NA). The absence of a quantity unit indicates that the measurement for this product is not specified or standardized. It is necessary to consult the relevant regulations and documentation for accurate quantity measurements while importing or exporting Brodifacoum Technical.
In addition to the bound duty rate, certain countries may have special tariff preference programs in place. These programs aim to promote trade and economic cooperation by offering reduced or zero-duty rates on specific products. However, the availability of such programs and their applicability to HS Code 99021329 may vary from country to country.
HS Code 99021329 is applicable to both importing and exporting US states. This means that US states can trade Brodifacoum Technical under this HS Code. It is important for businesses engaging in the import or export of this product to comply with all relevant regulations and procedures set forth by the US Customs and Border Protection (CBP) agency.
It is crucial to note that the information provided in this article is for educational purposes only. It is always recommended to consult the official customs authorities and trade regulations of the respective countries for the most up-to-date and accurate information regarding HS Code 99021329 and its implications for international trade.