The HS Code 99024065 refers to mixtures containing CAS 141112-29-0 and 221667-31-8, specifically classified under subheading 3808.93.15. In this article, we will delve into the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
Mixtures containing CAS 141112-29-0 and 221667-31-8 fall under the HS code 99024065. The CAS numbers mentioned correspond to specific chemical compounds or substances. CAS 141112-29-0 and 221667-31-8 are unique identifiers assigned to these substances according to the Chemical Abstracts Service (CAS) registry.
In subheading 3808.93.15, these mixtures are further classified. Subheadings are used to provide more specific details about the product, allowing for easier identification and classification during international trade.
The bound / Most Favored Nation (MFN) duty rate for HS code 99024065 is 3.5%. The MFN principle states that every time 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 principle ensures equal treatment among trading partners and promotes fair trade practices.
With a duty rate of 3.5%, importers will need to pay this percentage of the product's value as customs duty when bringing mixtures containing CAS 141112-29-0 and 221667-31-8 into a country.
Unfortunately, the quantity unit for HS code 99024065 is not available (NA). While the specific unit of measurement for this particular code is not mentioned, it is crucial for importers and exporters to determine the quantity accurately to comply with trade regulations and ensure proper documentation.
Special tariff preference programs may exist for HS code 99024065, providing certain benefits or exemptions for importers or exporters. These programs aim to promote economic development, foster international trade relationships, and support specific industries or regions.
Importing and exporting states in the United States may have different regulations and requirements when it comes to HS code 99024065. It is essential for businesses involved in international trade to familiarize themselves with the applicable regulations in their respective states.
Understanding the HS code 99024065 and its associated details is crucial for importers, exporters, and customs officials. It ensures accurate classification, proper documentation, and compliance with international trade regulations. By following the guidelines provided by the HS code, businesses can facilitate smoother trade operations and avoid unnecessary delays or penalties.