The HS Code 99023293 refers to Methoxyfenozide, a chemical compound classified under subheading 2928.00.25. Methoxyfenozide is identified by its CAS number 161050-58-4, which is used to uniquely identify the compound in various international databases and regulatory systems.
Methoxyfenozide is commonly used as an insecticide and belongs to the class of chemicals known as benzoylphenyl ureas. It is primarily used to control various pests that affect crops such as fruits, vegetables, and ornamental plants. The compound has shown effective control over a wide range of insect species, including caterpillars, beetles, and moths.
The trade of Methoxyfenozide is subject to a bound or Most Favored Nation (MFN) duty rate of 4.3%. The MFN duty rate ensures that when 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 promotes fair and equal trade practices among nations.
Unfortunately, the quantity unit for Methoxyfenozide is not available (NA) in the provided data. However, it is important to note that the quantity unit plays a crucial role in determining the value, volume, and pricing of the product during international trade.
Special tariff preference programs may also apply to the import and export of Methoxyfenozide. These programs are designed to provide specific benefits, such as reduced duty rates or exemptions, to promote trade between certain countries or regions. It is advisable for importers and exporters to explore these programs to maximize cost savings and market opportunities.
When it comes to importing Methoxyfenozide into the United States, different states may have varying regulations and requirements. It is essential for importers to familiarize themselves with the specific rules and procedures of each state to ensure compliance and smooth customs clearance.
Similarly, when exporting Methoxyfenozide from the United States, exporters should be aware of the regulations and requirements of the destination country. Each country may have its own import restrictions, labeling requirements, or documentation procedures that need to be followed.
HS Code 99023293 represents Methoxyfenozide, a chemical compound used as an insecticide. It is essential for traders and businesses involved in the import and export of Methoxyfenozide to be aware of the MFN duty rate, quantity unit, and any special tariff preference programs that may apply. Additionally, understanding the regulations of importing and exporting countries is crucial to ensure successful and compliant trade operations.