The HS Code 29072925 refers to the product tert-Butylhydroquinone, which is used in various industries. This article will provide an extensive overview of the HS Code, its product description, duty rates, quantity unit, and special tariff preference programs.
tert-Butylhydroquinone is a chemical compound primarily used as a food preservative. It is also used in the manufacturing of various products such as biodiesel, cosmetics, and pharmaceuticals. The HS Code 29072925 specifically identifies tert-Butylhydroquinone for international trade purposes.
When importing or exporting tert-Butylhydroquinone, it is essential to understand the duty rates associated with the HS Code. The bound / MFN duty rate for this product is 5.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for tert-Butylhydroquinone is kilograms (KG). This unit is used to measure the weight or quantity of the product being traded. It is crucial to accurately declare the quantity unit when importing or exporting tert-Butylhydroquinone to comply with customs regulations.
Special tariff preference programs are available for tert-Butylhydroquinone under the HS Code 29072925. These programs provide certain countries with preferential treatment, including duty-free or special rates. The following countries are eligible for special tariff preference programs for tert-Butylhydroquinone:
These special tariff preference programs aim to promote trade and economic cooperation between countries. Importers and exporters should take advantage of these programs to reduce costs and enhance competitiveness in the global market.
the HS Code 29072925 represents tert-Butylhydroquinone, a versatile chemical compound used in various industries. Understanding the duty rates, quantity unit, and special tariff preference programs associated with this HS Code is essential for successful import and export of tert-Butylhydroquinone. Importers and exporters should stay updated with any changes or updates related to this HS Code to ensure compliance with international trade regulations.