Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29144010: 4-Hydroxy-4-methylpentan-2-one (Diacetone alcohol)

When it comes to international trade, various codes and regulations are put in place to ensure smooth and fair transactions. One such code is the HS Code, which stands for Harmonized System Code. HS Codes are used to classify and identify specific products in international trade. In this article, we will delve into HS Code 29144010, which corresponds to 4-Hydroxy-4-methylpentan-2-one, also known as Diacetone alcohol.

Diacetone alcohol is a chemical compound that finds applications in various industries such as paints, coatings, adhesives, and cleaning solvents. It is a colorless liquid with a pleasant odor and is soluble in water. Diacetone alcohol is primarily used as a solvent due to its ability to dissolve a wide range of substances.

Now, let's take a closer look at the details associated with HS Code 29144010:

• Bound / MFN Duty Rate: The bound or Most Favored Nation (MFN) duty rate for HS Code 29144010 is 4%. 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.
• Quantity Unit: The quantity unit for HS Code 29144010 is kilograms (KG). This unit is used to measure the weight or quantity of the product being traded.
• Special Tariff Preference Programs: There are several special tariff preference programs associated with HS Code 29144010. These programs offer preferential or duty-free treatment for the import or export of this product. Some of the programs include the Generalized System of Preferences (GSP), NAFTA for Canada and Mexico, Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), and more.
• Importing US States: According to the available data, the product under HS Code 29144010 has been imported to the state of West Virginia in the United States.
• Exporting US States: Similarly, the product has been exported from the state of West Virginia in the United States.

HS Code 29144010 plays a crucial role in facilitating international trade by providing a standardized classification for Diacetone alcohol. It ensures transparency and uniformity in trade transactions, making it easier for customs authorities, importers, and exporters to identify and regulate the product.

It's important for businesses involved in the import or export of Diacetone alcohol to be familiar with HS Code 29144010. This knowledge allows them to comply with the relevant regulations, take advantage of preferential trade programs, and accurately calculate import or export duties.

Overall, HS Code 29144010 serves as a vital tool in international trade, promoting fair and efficient commerce between countries. It is essential for businesses and individuals to understand and adhere to these codes to ensure a smooth flow of goods and services across borders.