The HS Code 99022257 refers to the product 2-Aminothiophenol (CAS No. 137-07-5) which is classified under subheading 2930.90.29. This code is used for international trade purposes to identify and classify specific goods for import and export.
2-Aminothiophenol is a chemical compound commonly used in various industries such as pharmaceuticals, dyes, and agrochemicals. It is a colorless to light yellow crystalline solid with a strong odor. This compound is known for its diverse applications due to its unique properties.
When it comes to international trade, countries often impose duties on imported goods to protect domestic industries or generate revenue. The bound duty rate for HS Code 99022257 is not available at the moment. However, it is important to note that countries may apply different duty rates based on their specific trade policies and agreements.
One important concept in international trade is the Most Favored Nation (MFN) principle. This principle states that every time 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 ensures fair and non-discriminatory treatment among trading nations.
It is worth mentioning that the quantity unit for HS Code 99022257 is not available (NA). This means that the specific unit of measurement for this product may vary depending on the context of its use or the specific trade transaction.
Special tariff preference programs may also apply to HS Code 99022257. These programs are designed to provide certain advantages or benefits to specific countries or products. For example, countries may have preferential trade agreements that lower or eliminate duties for specific goods originating from partner countries.
When it comes to importing HS Code 99022257 into the United States, it is important to consider the specific regulations and requirements of both the importing and exporting states. Different states within the U.S. may have varying regulations or restrictions on certain goods, including the product in question.
HS Code 99022257 represents the product 2-Aminothiophenol (CAS No. 137-07-5) and is classified under subheading 2930.90.29. This code is used for international trade purposes to identify and classify specific goods. Understanding the relevant duty rates, trade principles such as MFN, and special tariff preference programs is crucial for successful import and export transactions involving this product.