The HS Code 99022490 refers to the product Reactive Blue 250, which has a CAS No. (Chemical Abstracts Service Registry Number) of 93951-21-4. This HS code is specifically provided for in the subheading 3204.16.30 of the Harmonized System (HS), an international nomenclature for the classification of products.
Reactive Blue 250 is a dye that falls under the category of reactive dyes. These dyes are widely used in various industries, including textiles, printing, and dyeing. They are known for their ability to form a covalent bond with the substrate, resulting in excellent color fastness and durability.
When importing or exporting Reactive Blue 250, it is important to be aware of the applicable duty rates. The bound duty rate for this product is free, which means that countries do not impose any tariffs or duties on its import or export. This is advantageous for international trade as it promotes the free flow of goods and services between countries.
The concept of Most Favored Nation (MFN) duty rate is also relevant in the context of HS Code 99022490. The MFN principle states that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This principle promotes non-discriminatory trade practices and ensures fair treatment for all trading partners.
Unfortunately, the quantity unit for Reactive Blue 250 is not available (NA) in the provided data. However, it is essential to consider the quantity and packaging specifications while importing or exporting the product. This information helps in determining shipping and handling requirements, as well as calculating costs.
Special tariff preference programs may also be applicable to HS Code 99022490. These programs are designed to provide preferential treatment to certain products based on specific criteria. Examples of such programs include free trade agreements, regional trade agreements, and other preferential trade arrangements. Importers and exporters should familiarize themselves with the relevant programs to take advantage of any available benefits.
It is worth noting that the HS Code 99022490 is used for classification and identification purposes in international trade. It helps customs authorities and other stakeholders in determining the correct duties, taxes, and regulations applicable to a particular product. Therefore, it is crucial to accurately identify and classify products using the appropriate HS code.
HS Code 99022490 refers to Reactive Blue 250, a dye used in various industries. This HS code is provided for in subheading 3204.16.30 of the Harmonized System. The bound duty rate for this product is free, and the MFN principle ensures fair treatment for all trading partners. Importers and exporters should also consider quantity, packaging, and any applicable special tariff preference programs. Accurate classification and identification using the HS code are essential for successful international trade.