HS Code 29109010: Butylene oxide
Butylene oxide falls under the HS Code 29109010, which is used to classify specific products for international trade. This article will provide an extensive overview of Butylene oxide and the details associated with its HS Code.
Butylene oxide, also known as 1,2-epoxybutane, is a colorless and flammable liquid with a sweet odor. It is primarily used as a chemical intermediate in the production of various chemicals, including plastics, resins, and solvents. Butylene oxide is also used in the manufacturing of polyurethane foams, which are widely used in furniture, mattresses, and insulation.
The HS Code 29109010 is used to identify and classify Butylene oxide for import and export purposes. This code ensures that the product is properly categorized for customs and trade statistics. It is essential for traders, importers, and exporters to correctly identify and use the appropriate HS Code to avoid any issues during international trade transactions.
The bound/MFN duty rate for Butylene oxide is 4.6%. 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 duty rate is the percentage of the product's value that needs to be paid as a tariff when importing or exporting.
The quantity unit for Butylene oxide is kilograms (KG). This unit is used to measure the weight or quantity of the product during import and export transactions.
There are various special tariff preference programs associated with the HS Code 29109010 for Butylene oxide. These programs provide certain countries with preferential treatment in terms of duty-free or reduced-duty rates. The countries included in these programs for Butylene oxide are:
1. Australia (duty-free treatment)
2. Bahrain (special rate)
3. Canada (NAFTA - duty-free treatment)
4. Chile (special rate)
5. European Union countries (duty-free treatment)
6. Israel (special rate - duty-free treatment)
7. Japan (special rate)
8. Jordan (special rate)
9. South Korea (special rate)
10. Morocco (special rate)
11. Mexico (NAFTA - duty-free treatment)
12. Oman (special rate)
13. Peru (special rate)
14. Singapore (special rate)
These special tariff preference programs aim to promote trade and economic cooperation between countries, providing benefits and incentives to eligible trading partners.
When importing Butylene oxide into the United States, specific states may have regulations or requirements that need to be followed. Similarly, when exporting Butylene oxide from the United States, certain states may have restrictions or additional documentation requirements. It is essential for traders to be aware of these state-specific regulations to ensure compliance with all applicable laws.
the HS Code 29109010 is used to classify Butylene oxide for international trade. It is important for traders to correctly identify and use this code to ensure smooth import and export transactions. Additionally, understanding the duty rates, quantity unit, and special tariff preference programs associated with Butylene oxide can help traders navigate the complexities of international trade more efficiently.
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