The HS Code 29124915 is assigned to the product P-Hydroxybenzaldehyde. This code is used in international trade to classify and identify specific goods. It provides a standardized system for countries to categorize and track products as they enter or leave their borders.
P-Hydroxybenzaldehyde, also known as 4-Hydroxybenzaldehyde, is an organic compound with the chemical formula C7H6O2. It is a white solid with a sweet almond-like odor. This compound is commonly used in the production of pharmaceuticals, perfumes, and dyes.
When it comes to trade, the HS Code 29124915 has specific implications. The Bound/MFN duty rate for this product is free. This means that countries are not required to impose any import duties or taxes on P-Hydroxybenzaldehyde. It promotes trade facilitation by ensuring equal treatment for this product from all trading partners.
The quantity unit for P-Hydroxybenzaldehyde is kilograms (KG). This unit of measurement helps to determine the quantity of the product being imported or exported.
There are also special tariff preference programs associated with HS Code 29124915. These programs provide additional benefits or exemptions for certain countries. The following countries enjoy free trade under these programs: Australia, Bahrain, Canada (under NAFTA), Chile, European Union (EU), Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the United States.
Importing US states that have been involved in trade of P-Hydroxybenzaldehyde include West Virginia. This implies that companies or individuals in West Virginia have imported this product from other countries. On the other hand, the exporting US states are not specified in the given data.
HS Code 29124915 represents P-Hydroxybenzaldehyde, a chemical compound used in various industries. This code ensures that the product receives equal treatment in terms of trade barriers and market access. By understanding the HS Code system, countries can effectively track and regulate the import and export of goods.