The HS Code 29163908 refers to a specific product known as 4-Chloro-3-nitrobenzoic acid. This article aims to provide an educational overview of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
4-Chloro-3-nitrobenzoic acid is a chemical compound commonly used in various industries such as pharmaceuticals, agrochemicals, and chemical research. It is primarily employed as an intermediate in the synthesis of other organic compounds.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29163908 is 6.5%. This means that every time 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. The duty rate is applicable to the importation of 4-Chloro-3-nitrobenzoic acid.
The quantity unit for HS Code 29163908 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight or quantity of a product being imported or exported.
There are several special tariff preference programs applicable to the importation of 4-Chloro-3-nitrobenzoic acid under HS Code 29163908. These programs provide specific tariff rates or duty-free treatment for eligible countries. The following countries are eligible for special tariff preferences:
These special tariff preference programs aim to promote trade and strengthen economic relationships between countries by providing preferential treatment for certain goods or services.
The importation and exportation of 4-Chloro-3-nitrobenzoic acid under HS Code 29163908 can involve various US states. The specific states involved in importing and exporting this product may vary depending on the trade agreements, market demand, and supply chain dynamics. It is essential for businesses and traders to be aware of the specific regulations and requirements of each state when engaging in international trade.
HS Code 29163908 represents 4-Chloro-3-nitrobenzoic acid, a chemical compound used in various industries. This article has provided an educational overview of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the potential involvement of different US states in its importation and exportation.