The HS Code 99022360 refers to a specific product known as Basic Violet 1, which has the Chemical Abstracts Service (CAS) number 8004-87-3. This product falls under subheading 3204.13.80 of the Harmonized System (HS) code classification.
Basic Violet 1 is a dye that is commonly used in various industries, including textiles, printing, and cosmetics. It is a versatile dye that can be used to color a wide range of materials, such as fabrics, paper, and plastics.
The HS code classification system is an internationally recognized standard for identifying and classifying products for import and export purposes. It helps to ensure uniformity and consistency in trade transactions across different countries.
One of the key features of the HS code is that it provides a standardized product description, allowing customs authorities and traders to easily identify and classify goods. In the case of HS Code 99022360, the product description is "Basic Violet 1 (CAS No. 8004-87-3) (provided for in subheading 3204.13.80)." This description provides important information about the specific product being imported or exported.
When it comes to trade, the HS code plays a crucial role in determining the applicable duty rates and tariff preferences. The bound or most-favored-nation (MFN) duty rate for HS Code 99022360 is "Free." This means that there are no import duties or tariffs imposed on this product when it is traded between countries.
Furthermore, the HS code allows for the identification of special tariff preference programs that may be applicable to certain products. These programs provide preferential treatment, such as lower duty rates or exemptions, to products from specific countries or regions. However, in the case of HS Code 99022360, no specific special tariff preference programs are mentioned.
It is important to note that the quantity unit for HS Code 99022360 is not available (NA), indicating that the specific unit of measurement for this product is not specified in the HS code classification system. The unit of measurement may vary depending on the specific requirements of the importing or exporting country.
HS Code 99022360 refers to Basic Violet 1 (CAS No. 8004-87-3), a dye commonly used in various industries. The HS code provides a standardized product description and helps to determine the applicable duty rates and tariff preferences. Understanding the HS code is essential for importers, exporters, and customs authorities to ensure smooth and efficient trade transactions.