The HS Code 29049015 refers to a specific product description: 4-Chloro-3-nitro-alpha,alpha,alpha-trifluorotoluene; and other specified aromatic sulfonated, nitrated or nitrosated deriv. of hydrocar. This code is used to classify and categorize this particular product for international trade purposes. In this article, we will explore the details and implications of HS Code 29049015.
The product description covered by HS Code 29049015 includes 4-Chloro-3-nitro-alpha,alpha,alpha-trifluorotoluene, as well as other aromatic sulfonated, nitrated, or nitrosated derivatives of hydrocarbons. This code serves to identify and differentiate these specific substances in international trade transactions.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29049015 is 5.5%. This means that whenever 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. Therefore, a 5.5% duty rate is applicable to imports and exports of products falling under this HS code.
The quantity unit for HS Code 29049015 is kilograms (KG). This unit of measurement is used to determine the weight of the product being imported or exported.
Several special tariff preference programs apply to HS Code 29049015, offering either duty-free treatment or reduced duty rates for specific countries. These programs are as follows:
These special tariff preference programs provide various trade benefits and incentives to eligible countries, promoting economic cooperation and facilitating international commerce.
HS Code 29049015 applies to importing and exporting activities of the United States. This means that this particular product falls under the regulations and requirements of the US customs authorities for both imports and exports. It is important for businesses and individuals involved in international trade to comply with the relevant procedures and documentation when dealing with HS Code 29049015.
HS Code 29049015 plays a crucial role in classifying and regulating the trade of 4-Chloro-3-nitro-alpha,alpha,alpha-trifluorotoluene and other aromatic sulfonated, nitrated, or nitrosated derivatives of hydrocarbons. By understanding the details and implications of this HS code, importers, exporters, and other stakeholders can ensure compliance with international trade regulations and take advantage of any available special tariff preference programs.