The HS Code 29142210 refers to cyclohexanone, a chemical compound that is widely used in various industries. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states for this HS code.
Cyclohexanone is a colorless liquid with a distinct odor. It is an organic compound with the chemical formula C6H10O. Cyclohexanone is primarily used as a solvent in the production of various chemicals and as an intermediate in the manufacturing of nylon, resins, and pharmaceuticals. It is also used as a paint and varnish remover, and in the production of caprolactam, which is a precursor for nylon.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29142210 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 duty rate of 5.5% is applied to the value of the imported cyclohexanone.
The quantity unit for HS Code 29142210 is kilograms (KG). This means that the weight of the imported or exported cyclohexanone is measured in kilograms.
There are several special tariff preference programs applicable to HS Code 29142210. These programs provide either duty-free treatment or reduced duty rates for importing cyclohexanone from specific countries. The following are the special tariff preference programs and the corresponding countries:
The data provided does not specify the exporting US states. However, the importing US state for HS Code 29142210 is West Virginia. This indicates that cyclohexanone is primarily imported by businesses or industries located in West Virginia.
HS Code 29142210 represents cyclohexanone, a versatile chemical compound used in various industries. It is important for businesses and traders to be aware of the duty rates, quantity unit, and special tariff preference programs associated with this HS code when importing or exporting cyclohexanone. Understanding these details can help facilitate smooth international trade and ensure compliance with customs regulations.