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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99024035: A Comprehensive Guide

HS Code 99024035 is a specific code used to classify a particular product in international trade. In this article, we will explore the details of this HS code, its product description, duty rates, and special tariff preference programs associated with it.

Product Description

The product associated with HS Code 99024035 has the CAS number 41374-20-3. This CAS number is categorized under the subheading 2922.29.61. The subheading system helps in classifying products based on their chemical composition, use, or other distinguishing factors.

It is important to note that the HS code system is internationally recognized and used by customs authorities worldwide. It ensures uniformity and clarity in classifying products during international trade.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate refers to the rate of duty that a country imposes on imports. When a country lowers a trade barrier or opens up its market, it has to do so for the same goods or services from all its trading partners. This principle is known as the MFN principle.

Unfortunately, the specific duty rate for HS Code 99024035 is not available. However, it is essential to consult the customs authorities or trade regulations of the importing or exporting country to determine the applicable duty rate.

Quantity Unit

For HS Code 99024035, the quantity unit is not available (NA). This means that the specific product associated with this HS code may not have a standard unit of measurement. It is crucial to refer to the product description or consult with the relevant authorities to determine the appropriate quantity unit.

Special Tariff Preference Programs

Special tariff preference programs aim to promote trade and provide certain benefits to specific countries or products. These programs often involve reduced or exempted duty rates for eligible products. While the specific programs applicable to HS Code 99024035 are not mentioned, it is advisable to explore potential preferential trade agreements or programs between the importing and exporting countries.

Importing and Exporting US States

HS Code 99024035 has relevance for both importing and exporting US states. The importing US states are those that bring in products classified under this HS code from other countries. The exporting US states, on the other hand, are those that ship products classified under this HS code to other countries.

It is worth noting that the specific states involved in the import or export of products associated with HS Code 99024035 may vary based on market demand, production capabilities, and other factors. Therefore, it is crucial to refer to trade data or consult with trade authorities to determine the specific importing and exporting US states for this HS code.

Conclusion

HS Code 99024035 is a significant code used to classify a specific product in international trade. Its product description, CAS number, and subheading provide valuable information for customs authorities and traders. While the duty rate and quantity unit for this HS code are not available, it is essential to consult the relevant authorities for accurate information. Additionally, exploring special tariff preference programs and understanding the importing and exporting US states can offer further insights into the trade dynamics related to HS Code 99024035.



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