The HS Code 29049030: A Comprehensive Guide

The HS Code 29049030 refers to a specific category of chemicals, including 1-Bromo-2-nitrobenzene, 1-chloro-3,4-dinitrobenzene, 1,2-dichloro-4-nitrobenzene, and o-fluoronitrobenzene. In this article, we will explore the details of this HS Code, its associated duty rates, quantity unit, and special tariff preference programs.

Product Description

1-Bromo-2-nitrobenzene: This compound is commonly used in chemical synthesis and pharmaceutical manufacturing processes. It is an important intermediate in the production of various drugs.
1-chloro-3,4-dinitrobenzene: This chemical is primarily utilized in the production of dyes, pigments, and agricultural chemicals. It is known for its strong oxidizing properties.
1,2-dichloro-4-nitrobenzene: This compound finds applications in the manufacturing of insecticides, herbicides, and fungicides. It is also used as a chemical intermediate in the production of other chemicals.
o-fluoronitrobenzene: This chemical is used in the synthesis of pharmaceuticals, dyes, and pigments. It possesses unique properties that make it suitable for various industrial processes.

Bound / MFN Duty Rate

The bound / MFN (Most-Favored Nation) duty rate for HS Code 29049030 is 5.5%. This means 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. The duty rate ensures a fair and equal treatment of imports in international trade.

Quantity Unit

The quantity unit for HS Code 29049030 is kilograms (KG). This unit of measurement is commonly used in the chemical industry to determine the weight of a specific product or substance.

Special Tariff Preference Programs

HS Code 29049030 is eligible for various special tariff preference programs, which provide certain countries with preferential treatment or duty-free access to the market. The following programs apply to this HS Code:

Free: Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading enjoy duty-free treatment.
Australia Special Rate: Specific tariff rate for imports from Australia.
Bahrain Special Rate: Specific tariff rate for imports from Bahrain.
NAFTA for Canada: Duty-free treatment for imports from Canada under the North American Free Trade Agreement.
Chile Special Rate: Specific tariff rate for imports from Chile.
Africa Growth and Opportunity Act (AGOA): Duty-free treatment for imports from eligible African countries under this program.
Caribbean Basin Initiative (CBI): Duty-free treatment for imports from eligible Caribbean countries under this program.
Israel Special Rate: Duty-free treatment for imports from Israel.
Andean Trade Preference Act (ATPA): Duty-free treatment for imports from eligible Andean countries under this program.
Jordan Special Rate: Specific tariff rate for imports from Jordan.
Morocco Special Rate: Specific tariff rate for imports from Morocco.
NAFTA for Mexico: Duty-free treatment for imports from Mexico under the North American Free Trade Agreement.
Oman Special Rate: Specific tariff rate for imports from Oman.
Dominican Republic-Central American Special Rate (DR-CAFTA): Specific tariff rate for imports from eligible countries in the Dominican Republic-Central America Free Trade Agreement.
Peru Special Rate: Specific tariff rate for imports from Peru.
Singapore Special Rate: Specific tariff rate for imports from Singapore.

Importing and Exporting US States

The HS Code 29049030 is relevant for both importing and exporting US states. This means that these chemicals are traded between different states within the United States and also internationally. The code serves as a unique identifier to classify and track these products during import and export processes.