The HS Code 29214322 refers to the product N-Ethyl-N-(2-methyl-2-propenyl)-2,6-dinitro-4-(trifluoromethyl)benzenamine. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product described by the HS Code 29214322 is N-Ethyl-N-(2-methyl-2-propenyl)-2,6-dinitro-4-(trifluoromethyl)benzenamine. This chemical compound is commonly used in various industries, including pharmaceuticals, agrochemicals, and dyes. It is known for its properties as a nitroaromatic compound and finds application in the synthesis of organic compounds.
The bound or Most Favored Nation (MFN) duty rate for HS Code 29214322 is 6.5%. The MFN duty rate is the rate applied to imports from all trading partners, ensuring equal treatment for the same goods or services regardless of the country of origin. This duty rate is imposed on the product each time a country lowers a trade barrier or opens up a market.
The quantity unit for HS Code 29214322 is kilograms (KG). This means that the product's measurement and trade transactions are typically conducted in kilograms. The quantity unit helps in accurately measuring and tracking the amount of the product being imported or exported.
HS Code 29214322 is eligible for various special tariff preference programs, providing certain countries with preferential treatment or duty-free access. The following programs apply to this HS code:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries by reducing or eliminating import duties on eligible products.
the HS Code 29214322 represents the product N-Ethyl-N-(2-methyl-2-propenyl)-2,6-dinitro-4-(trifluoromethyl)benzenamine. It is subject to a 6.5% bound or MFN duty rate and is measured in kilograms. Importers and exporters of this product can benefit from various special tariff preference programs, including duty-free treatment and special rates, depending on the country of origin and destination.