HS Code 29269043 - Aromatic nitrile-function compounds, nesoi
Aromatic nitrile-function compounds are a type of chemical compound that contains a nitrile functional group. These compounds are not specifically identified by their individual names, but rather grouped under the HS Code 29269043. This HS Code is defined under additional U.S. note 3 to section VI.
When importing or exporting goods classified under HS Code 29269043, it is important to be aware of the relevant information related to duty rates, quantity units, and special tariff preference programs.
Duty Rates
The bound and MFN (Most Favored Nation) duty rate for goods classified under HS Code 29269043 is 6.5%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for the same goods or services from all trading partners.
Quantity Unit
The quantity unit for goods classified under HS Code 29269043 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported aromatic nitrile-function compounds.
Special Tariff Preference Programs
Depending on the country and trade agreements in place, aromatic nitrile-function compounds classified under HS Code 29269043 may be eligible for special tariff preference programs. These programs aim to promote trade and provide favorable conditions for certain countries or regions.
- Free: Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment.
- Australia Special Rate: Australia has a special rate for imports of aromatic nitrile-function compounds.
- Bahrain Special Rate: Bahrain offers a special rate for imports of aromatic nitrile-function compounds.
- NAFTA for Canada: Under the NAFTA (North American Free Trade Agreement), imports from Canada receive duty-free treatment.
- Chile Special Rate: Chile has a special rate for imports of aromatic nitrile-function compounds.
- Africa Growth and Opportunity Act (AGOA): Imports from eligible countries under AGOA receive duty-free treatment.
- Caribbean Basin Initiative (CBI): Imports from eligible countries under CBI receive duty-free treatment.
- Israel Special Rate: Israel offers a special rate for imports of aromatic nitrile-function compounds.
- Andean Trade Preference Act (ATPA): Imports from eligible countries under ATPA receive duty-free treatment.
- Jordan Special Rate: Jordan offers a special rate for imports of aromatic nitrile-function compounds.
- Agreement on Trade in Pharmaceutical Products: Imports under this agreement receive duty-free treatment.
- Uruguay Round Concessions on Intermediate Chemicals for Dyes: Imports under this agreement receive duty-free treatment.
- Morocco Special Rate: Morocco offers a special rate for imports of aromatic nitrile-function compounds.
- NAFTA for Mexico: Under NAFTA, imports from Mexico receive duty-free treatment.
- Oman Special Rate: Oman offers a special rate for imports of aromatic nitrile-function compounds.
- Dominican Republic-Central American Special Rate (DR-CAFTA): DR-CAFTA offers a special rate for imports of aromatic nitrile-function compounds.
- Peru Special Rate: Peru offers a special rate for imports of aromatic nitrile-function compounds.
- Singapore Special Rate: Singapore has a special rate for imports of aromatic nitrile-function compounds.
It is important for importers and exporters to be aware of these special tariff preference programs, as they can significantly impact the cost of trade and provide competitive advantages in certain markets.
Overall, HS Code 29269043 encompasses aromatic nitrile-function compounds that are not specifically identified by their individual names. Understanding the duty rates, quantity units, and special tariff preference programs associated with this HS Code is essential for businesses engaged in international trade involving these compounds.
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