Phenylacetic acid esters, nesoi (not elsewhere specified or included), are a specific type of chemical compound that falls under the HS Code 29163525. This HS Code is used to classify and identify these esters for international trade purposes.
According to the additional US note 3 to section VI, these phenylacetic acid esters are described in detail. This additional note provides further information and specifications for this particular product category.
When it comes to import and export regulations, the HS Code plays a crucial role. It helps customs authorities and traders identify and classify products accurately. It also ensures that the correct duties and tariffs are applied to these products.
The bound and MFN (Most Favored Nation) duty rate for Phenylacetic acid esters under HS Code 29163525 is 6.5%. 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 quantity unit for these esters is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the product being imported or exported.
There are also special tariff preference programs available for Phenylacetic acid esters under HS Code 29163525. These programs provide certain benefits and exemptions from duties and tariffs. Here are some of the special rates and programs applicable to these esters:
These special rates and programs aim to promote trade and economic cooperation between countries, providing certain advantages for importers and exporters of Phenylacetic acid esters.
When it comes to importing and exporting Phenylacetic acid esters under HS Code 29163525, it is important to consider the specific regulations and requirements of the importing and exporting US states. These states may have their own additional regulations and restrictions that need to be followed.
Overall, the HS Code 29163525 plays a vital role in the international trade of Phenylacetic acid esters. It helps classify and identify these esters, determine the applicable duties and tariffs, and provides access to special tariff preference programs. Understanding and adhering to the regulations associated with this HS Code is essential for traders and customs authorities alike.