Anthranilic acid and its salts, nesoi, is classified under HS Code 29224350. This code is used to identify and classify specific goods for international trade. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.
Anthranilic acid and its salts, nesoi, refers to a specific chemical compound used in various industries. It is commonly used in the production of dyes, pharmaceuticals, and other organic synthesis applications. The HS code 29224350 helps customs authorities and traders to accurately identify and classify this product for trade purposes.
The bound or most-favored-nation (MFN) duty rate for HS Code 29224350 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 6.5% for the import of Anthranilic acid and its salts, nesoi, from all its trading partners.
The quantity unit for HS Code 29224350 is kilograms (KG). This unit is commonly used to measure the weight of goods during international trade. It provides a standardized measurement for customs authorities and traders to determine the quantity of Anthranilic acid and its salts, nesoi, being imported or exported.
There are several special tariff preference programs associated with HS Code 29224350. These programs offer preferential duty rates or duty-free treatment for specific countries or regions. The following is a list of the special tariff preference programs applicable to Anthranilic acid and its salts, nesoi:
In addition to these special tariff preference programs, Singapore has a special rate of 1% for the import of Anthranilic acid and its salts, nesoi.
The import and export of Anthranilic acid and its salts, nesoi, under HS Code 29224350 can occur between various states within the United States. The specific importing and exporting US states may vary depending on market demand, production capabilities, and other factors.
HS Code 29224350 is used to classify Anthranilic acid and its salts, nesoi, for international trade. This code helps in accurately identifying and categorizing the product, determining duty rates, and availing special tariff preference programs. Understanding the details associated with this HS code is crucial for traders, customs authorities, and other stakeholders involved in international trade.