Cyclanic, cyclenic, cycloterpenic mono- or polyamines and their derivatives derived from any aromatic compound are categorized under HS Code 29213030. This code is used to identify and classify these specific types of products for international trade purposes. In this article, we will delve into the details of this HS code, including its product description, duty rates, quantity units, and special tariff preference programs.
HS Code 29213030 encompasses cyclanic, cyclenic, cycloterpenic mono- or polyamines and their derivatives derived from any aromatic compound. It is important to note that this code excludes goods mentioned in additional US Note 3 under Section VI. The inclusion of "cyclanic, cyclenic, cycloterpenic" refers to the chemical structure of the mono- or polyamines, while the term "derivative" indicates that these compounds are modified or derived from any aromatic compound. This code helps customs authorities and traders to accurately identify and classify these specific products for import and export purposes.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29213030 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 the percentage of the product's value that the importer must pay as a customs duty. In the case of HS Code 29213030, the duty rate is 6.5% of the product's value.
The quantity unit for HS Code 29213030 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported products. When trading under this HS code, the weight of the cyclanic, cyclenic, cycloterpenic mono- or polyamines and their derivatives derived from any aromatic compound is measured in kilograms.
HS Code 29213030 is eligible for certain special tariff preference programs, which provide preferential treatment or exemptions from duty for specific countries or regions. The following special tariff preference programs apply to this HS code:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries by providing favorable conditions for importers and exporters under specific circumstances.
HS Code 29213030 is applicable to imports and exports between various US states. The specific importing and exporting US states for products classified under this HS code may vary based on trade patterns and business transactions. It is essential for traders to consult the latest trade data and regulations to determine the specific states involved in importing and exporting HS Code 29213030.
HS Code 29213030 represents cyclanic, cyclenic, cycloterpenic mono- or polyamines and their derivatives derived from any aromatic compound. This code helps in identifying and classifying these products for international trade purposes. Traders and importers should be aware of the bound / MFN duty rate, quantity unit, and any special tariff preference programs applicable to this HS code to ensure compliance with customs regulations and take advantage of any available benefits.