The HS Code 99024088 refers to mixtures of CAS 86508-42-1, which fall under subheading 3824.90.92. In this article, we will explore the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code.
The product described under HS Code 99024088 consists of mixtures containing CAS 86508-42-1. CAS stands for Chemical Abstracts Service, which is a division of the American Chemical Society. CAS numbers are unique identifiers assigned to specific chemical compounds.
Subheading 3824.90.92 further classifies these mixtures, providing more specific information about their composition or intended use. It is essential to correctly identify and classify products using HS codes to facilitate international trade and ensure accurate customs duties and regulations.
The bound or Most Favored Nation (MFN) duty rate is the rate applied to imports when a country lowers a trade barrier or opens up its market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of customs duties.
For HS Code 99024088, the duty rate is free. This means that no customs duties are levied on the importation of mixtures containing CAS 86508-42-1. It promotes trade by eliminating additional costs and barriers associated with customs duties.
Unfortunately, the specific quantity unit for HS Code 99024088 is not available (NA). The quantity unit usually denotes the measurement or unit in which the product is traded, such as kilograms, liters, or pieces. It is important to consider the quantity unit when determining trade volumes and pricing.
However, it is worth noting that the absence of a specific quantity unit does not affect the classification or importation of products under this HS code. It simply means that the unit of measurement is not explicitly specified for this particular product category.
Special tariff preference programs are trade agreements or arrangements between countries that provide preferential treatment to certain products. These programs aim to promote trade, economic growth, and development.
While the article's data does not explicitly mention any special tariff preference programs associated with HS Code 99024088, it is important to consider the possibility of such programs. Preferential trade agreements, such as free trade agreements or regional trade blocs, may impact the duty rates or import requirements for specific products.
Therefore, it is advisable for importers and exporters dealing with mixtures of CAS 86508-42-1 to research and stay informed about any applicable special tariff preference programs that could affect their trade operations.
HS Code 99024088 represents mixtures containing CAS 86508-42-1. This code facilitates the classification, importation, and trade of these products. The duty rate associated with this HS code is free, ensuring no customs duties are levied on imports. While the quantity unit is not available, it does not affect the trade process. Importers and exporters should also stay updated on any special tariff preference programs that may apply to this HS code.