HS Code 29173500: Phthalic Anhydride
Phthalic anhydride is a chemical compound with the HS Code 29173500. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.
Product Description:
Phthalic anhydride is an organic compound used primarily in the production of phthalate plasticizers. It is a white crystalline solid that is derived from the oxidation of ortho-xylene or naphthalene. Phthalic anhydride is an important intermediate in the production of various industrial chemicals and is widely used in the manufacturing of plastics, resins, dyes, and pharmaceuticals.
Bound / MFN Duty Rate:
The bound / MFN duty rate for HS Code 29173500 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. This duty rate applies to the import of phthalic anhydride.
Quantity Unit:
The quantity unit for HS Code 29173500 is kilograms (KG). This unit is used to measure the weight of phthalic anhydride being imported or exported.
Special Tariff Preference Programs:
There are several special tariff preference programs associated with HS Code 29173500. These programs offer preferential or duty-free treatment for the import of phthalic anhydride based on the country of origin or destination. Here are some of the programs and their details:
1. Free: Generalized System of Preferences (GSP) - This program provides duty-free treatment for phthalic anhydride imported from eligible beneficiary countries.
2. Australia Special Rate - Australia offers a special rate for the import of phthalic anhydride.
3. Bahrain Special Rate - Bahrain offers a special rate for the import of phthalic anhydride.
4. NAFTA for Canada - Under the North American Free Trade Agreement (NAFTA), Canada provides duty-free treatment for phthalic anhydride.
5. Chile Special Rate - Chile offers a special rate for the import of phthalic anhydride.
6. Caribbean Basin Initiative (CBI) - This program provides duty-free treatment for phthalic anhydride imported from eligible Caribbean countries.
7. Israel Special Rate - Israel offers duty-free treatment for phthalic anhydride.
8. Andean Trade Preference Act (ATPA) - This program provides duty-free treatment for phthalic anhydride imported from eligible Andean countries.
9. Jordan Special Rate - Jordan offers a special rate for the import of phthalic anhydride.
10. Morocco Special Rate - Morocco offers a special rate for the import of phthalic anhydride.
11. NAFTA for Mexico - Under NAFTA, Mexico provides duty-free treatment for phthalic anhydride.
12. Oman Special Rate - Oman offers a special rate for the import of phthalic anhydride.
13. Dominican Republic-Central American Special Rate (DR-CAFTA) - This program provides duty-free treatment for phthalic anhydride imported from eligible DR-CAFTA countries.
14. Peru Special Rate - Peru offers a special rate for the import of phthalic anhydride.
15. Singapore Special Rate - Singapore offers a special rate of 0.8% for the import of phthalic anhydride.
Importing US States and Exporting US States:
The importing US states and exporting US states for HS Code 29173500 may vary based on trade agreements, market demand, and supply chains. It is important for businesses involved in the import or export of phthalic anhydride to research and identify the specific states involved in these transactions.
HS Code 29173500 refers to phthalic anhydride, an important chemical compound used in various industries. The duty rate, quantity unit, and special tariff preference programs associated with this HS code play a crucial role in international trade. Businesses should be aware of these details to effectively navigate the import and export of phthalic anhydride and leverage any available benefits provided by the special tariff preference programs.
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