The HS Code 99024053 pertains to a specific product called Fast Black 287NA, which falls under the subheading 3215.11.00. In this article, we will explore the details of this HS Code and discuss its relevance in international trade.
Fast Black 287NA is a product that is used in various industries, including the textile and dyeing industry. It is a type of dye or pigment that is commonly used for coloring fabrics and other materials. The specific properties and composition of Fast Black 287NA make it suitable for achieving fast and long-lasting black coloration in textiles.
When it comes to international trade, understanding and correctly classifying products under the appropriate HS Code is crucial. The HS Code system is a standardized classification system used globally to classify and identify products for customs and trade purposes. Each HS Code consists of a unique combination of numbers and is assigned to specific products or groups of products.
In the case of HS Code 99024053, it is important to note that the product Fast Black 287NA falls under the subheading 3215.11.00. This subheading specifically relates to "colours in non-aqueous medium" according to the Harmonized System (HS).
Bound / MFN (Most Favored Nation) duty rate refers to the tariff rate imposed on imported goods. It represents the maximum duty rate that a country can apply to a specific product. In the case of Fast Black 287NA under HS Code 99024053, the bound / MFN duty rate is free. This means that no tariff or duty is applicable on importing this product. It is important to note that the bound / MFN duty rate remains the same regardless of the country of origin.
Trade barriers and market opening play a significant role in international trade. Whenever a country lowers a trade barrier or opens up its market, it is obligated to do so for the same goods or services from all its trading partners. This principle ensures fair and non-discriminatory trade practices.
The quantity unit for Fast Black 287NA under HS Code 99024053 is specified as "NA," which stands for "Not Available." This means that the specific unit of measurement for this product is not defined or provided in the available data. It is advisable to consult the relevant trade documentation or reach out to the concerned authorities for accurate information regarding the quantity unit.
Special tariff preference programs can have an impact on the import and export of goods under specific HS Codes. These programs are designed to provide certain benefits or concessions to eligible countries or regions, thereby promoting trade and economic cooperation.
While the available data does not explicitly mention any special tariff preference programs related to Fast Black 287NA under HS Code 99024053, it is worth exploring whether such programs exist. Importing and exporting US states may have specific trade agreements or preferential treatment for certain goods. It is advisable to research and consult the appropriate trade authorities or experts to determine if any special programs or benefits are applicable.
HS Code 99024053 relates to Fast Black 287NA, a dye or pigment used in various industries, including textiles. Understanding the HS Code classification and its associated details is crucial for accurate product identification and compliance with international trade regulations. The information provided in this article serves as a starting point for understanding the HS Code 99024053 and its relevance in global trade.