The HS Code 29269017 refers to the product o-Chlorobenzonitrile, which falls under the category of chemical compounds. This code is used to classify and track the import and export of this specific product globally. Understanding the HS code is essential for importers, exporters, and customs authorities to ensure proper documentation and compliance with trade regulations.
o-Chlorobenzonitrile is a chemical compound commonly used in the production of pharmaceuticals, dyes, and agrochemicals. It is a white crystalline solid with a strong odor. This compound is mainly used as an intermediate in the synthesis of various organic compounds.
When importing or exporting o-Chlorobenzonitrile, it is important to consider the applicable duty rates. The bound duty rate for this product 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. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for o-Chlorobenzonitrile is measured in kilograms (KG). This standard unit helps in accurately determining the quantity of the product being imported or exported. It is important to provide the correct quantity information to customs authorities for proper valuation and documentation.
There are also special tariff preference programs available for o-Chlorobenzonitrile. Under these programs, certain countries may enjoy preferential tariff rates or even duty-free treatment. The following countries have special tariff rates for this product:
These special tariff preference programs aim to promote trade between countries and provide benefits to certain trading partners. Importers and exporters from these countries may enjoy reduced tariff rates or even duty-free treatment, which can significantly impact the cost of the product and overall competitiveness in the market.
Importing and exporting o-Chlorobenzonitrile to and from the United States involves various states. The specific importing and exporting US states vary depending on the trade partners involved. It is important to consult the relevant trade agreements, shipping documents, and customs regulations to determine the specific states involved in the trade.
Understanding the HS Code 29269017 and the associated product description, duty rates, quantity units, and special tariff preference programs is crucial for smooth international trade operations. Importers, exporters, and customs authorities should stay updated with the latest trade regulations and tariff schedules to ensure compliance and take advantage of any available benefits.