HS Code 29091100: A Comprehensive Guide to Diethyl Ether
Diethyl ether, classified under HS Code 29091100, is a versatile and widely-used chemical compound. In this article, we will delve into the specifics of this product, including its description, duty rates, quantity unit, and special tariff preference programs.
Product Description: Diethyl ether is a colorless, volatile liquid with a characteristic sweet, ethereal odor. It is widely utilized as a solvent, anesthetic, and as a starting material in various chemical syntheses. Diethyl ether is highly flammable and should be handled with care.
Bound / MFN Duty Rate: The bound or Most Favored Nation (MFN) duty rate for HS Code 29091100 is set at 1%. 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.
Quantity Unit: Diethyl ether is measured in kilograms (KG). This is the standard unit of measurement for this chemical compound, ensuring consistency and accuracy in trade transactions.
Special Tariff Preference Programs: Diethyl ether enjoys various special tariff preference programs that offer either duty-free treatment or special rates. Let's take a closer look at some of these programs:
1.
Generalized System of Preferences (GSP): Under the GSP, diethyl ether is granted duty-free treatment, allowing eligible countries to import this chemical compound without any tariffs.
2.
Australia Special Rate: Australia offers a special rate for diethyl ether imports, providing favorable conditions for trade between the exporting country and Australia.
3.
Bahrain Special Rate: Bahrain also offers a special rate for diethyl ether imports, promoting trade and economic growth between the two countries.
4.
NAFTA for Canada: Diethyl ether enjoys duty-free treatment under the North American Free Trade Agreement (NAFTA) for imports into Canada, further facilitating trade between Canada and its NAFTA partners.
5.
Chile Special Rate: Chile provides a special rate for diethyl ether imports, fostering trade relations and enhancing economic cooperation.
6.
Caribbean Basin Initiative (CBI): Diethyl ether qualifies for duty-free treatment under the Caribbean Basin Initiative, which aims to promote economic development and cooperation among participating countries.
7.
Israel Special Rate: Israel offers duty-free treatment for diethyl ether imports, creating a favorable environment for trade between Israel and the exporting countries.
8.
Andean Trade Preference Act (ATPA): Diethyl ether is eligible for preferential treatment under the ATPA, fostering trade between the Andean countries and the exporting nations.
9.
Jordan Special Rate: Jordan provides a special rate for diethyl ether imports, encouraging trade and economic cooperation between Jordan and the exporting countries.
10.
Morocco Special Rate: Morocco offers a special rate for diethyl ether imports, facilitating trade and strengthening economic ties with the exporting nations.
11.
NAFTA for Mexico: Similar to NAFTA for Canada, diethyl ether benefits from duty-free treatment under NAFTA for imports into Mexico, promoting trade between Mexico and its NAFTA partners.
12.
Oman Special Rate: Oman provides a special rate for diethyl ether imports, creating favorable conditions for trade between Oman and the exporting countries.
13.
Dominican Republic-Central American Special Rate (DR-CAFTA): Diethyl ether enjoys preferential treatment under the DR-CAFTA, enhancing trade between the Dominican Republic, Central American countries, and the exporting nations.
14.
Peru Special Rate: Peru offers a special rate for diethyl ether imports, fostering trade relations and promoting economic growth between Peru and the exporting countries.
15.
Singapore Special Rate: Singapore provides a special rate for diethyl ether imports, encouraging trade and strengthening economic ties with the exporting nations.
Importing US States: Diethyl ether is imported into various states in the United States. Some of the states that commonly import this chemical compound include Arkansas.
Exporting US States: Arkansas is a significant exporter of diethyl ether to the United States. This state plays a crucial role in the trade of this chemical compound, contributing to the supply chain and meeting the demand for diethyl ether in the country.
HS Code 29091100 represents diethyl ether, a versatile compound widely utilized in various industries. This article has provided a comprehensive overview of diethyl ether, including its description, duty rates, quantity unit, special tariff preference programs, and its import and export dynamics with a focus on Arkansas. Understanding the details of HS Code 29091100 is essential for businesses and individuals involved in the trade of diethyl ether, enabling them to navigate international trade regulations and take advantage of the available benefits and opportunities.
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