The HS Code 99022361 refers to a specific product called Basic Blue 7, which has the CAS number 2390-60-5. This HS code falls under the subheading 3204.13.80 and is used to classify certain chemical substances or products in international trade.
Basic Blue 7 is a dye that is commonly used in various industries, including textiles, printing, and coloring. It is a versatile dye that can produce various shades of blue, making it popular for a wide range of applications. The CAS number, 2390-60-5, is a unique identifier for this specific chemical compound.
When it comes to trade, the HS code plays a crucial role in ensuring smooth international transactions. It provides a standardized system for classifying products, which helps customs authorities and traders to identify and categorize goods accurately. The HS code is used by countries worldwide and is essential for determining import and export duties, regulations, and restrictions.
One important aspect related to trade is the bound and most-favored-nation (MFN) duty rates. The bound duty rate refers to the maximum tariff rate that a country can impose on a specific product. On the other hand, the MFN duty rate is the actual rate applied in practice. It is usually lower than the bound rate, as countries often negotiate lower rates through trade agreements or special tariff preference programs.
In the case of HS Code 99022361, the specific duty rates are not mentioned in the provided data. However, it is important to note that duty rates can vary from country to country and can change over time due to trade agreements, policy changes, or economic conditions. Therefore, it is crucial for importers and exporters to stay up-to-date with the applicable duty rates for their products.
Additionally, the quantity unit for Basic Blue 7 is not available in the provided data (NA). The quantity unit refers to the standard unit of measurement used to quantify the product. It can be in kilograms, liters, pieces, or any other relevant unit depending on the nature of the product. Knowing the quantity unit is essential for accurate trade documentation and cost calculations.
Special tariff preference programs are also mentioned in the provided data. These programs are designed to promote trade between specific countries or regions by granting preferential treatment to certain products. They can include reduced duty rates, duty exemptions, or streamlined customs procedures. Importing US states and exporting US states may have their own specific programs or agreements that affect the trade of Basic Blue 7.
HS Code 99022361 is used to classify Basic Blue 7, a dye with the CAS number 2390-60-5. This code helps in identifying, categorizing, and regulating the trade of this specific product. The bound and MFN duty rates, quantity unit, and special tariff preference programs are important factors to consider when importing or exporting Basic Blue 7. Importing US states and exporting US states may have their own regulations and agreements that impact the trade of this product.