Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function, nesoi falls under the HS Code 29142950. This code is used to classify and identify a specific type of chemical compound. In this article, we will explore more about this HS code, its product description, tariff rates, special tariff preference programs, and the importing and exporting states in the United States.
The product described under the HS Code 29142950 refers to cyclanic, cyclenic or cycloterpenic ketones without other oxygen function, nesoi. Ketones are a type of organic compound that contain a carbonyl group bonded to two other carbon atoms. Cyclanic, cyclenic or cycloterpenic ketones are derived from cyclic hydrocarbons or terpenes and have various applications in industries such as pharmaceuticals, perfumes, and flavorings.
The bound or MFN (Most Favored Nation) duty rate for HS Code 29142950 is 4.8%. The MFN principle states that whenever 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. This means that the duty rate remains consistent for all countries importing or exporting this product.
The quantity unit for HS Code 29142950 is kilograms (KG). This unit is commonly used to measure the weight or mass of the product being imported or exported.
There are several special tariff preference programs associated with HS Code 29142950. These programs offer preferential treatment or duty-free benefits for specific countries. The programs applicable to this HS code include:
These programs aim to promote trade and economic cooperation between the United States and the countries listed, encouraging the import and export of goods without or with reduced duty rates.
According to the available data, the importing US state for HS Code 29142950 is West Virginia. This indicates that the product under this HS code is being imported into West Virginia. Unfortunately, no information is provided regarding the exporting US states for this specific HS code.
HS Code 29142950 classifies cyclanic, cyclenic or cycloterpenic ketones without other oxygen function, nesoi. It has a bound or MFN duty rate of 4.8% and is measured in kilograms (KG). Several special tariff preference programs offer duty-free treatment or special rate benefits for this HS code. Importing US states for this product include West Virginia. Understanding the HS code and its associated information is essential for importers, exporters, and traders involved in international trade.