The HS Code 29280010 corresponds to the product Methyl ethyl ketoxime. In this article, we will explore the details of this HS code and its implications in international trade.
Methyl ethyl ketoxime is a chemical compound commonly used as an anti-skinning agent in paints, coatings, and adhesives. It is also utilized as a stabilizer in industrial processes, such as the production of synthetic rubber. This compound helps prevent the formation of a skin on the surface of these products and prolongs their shelf life.
When it comes to trade, HS codes play a crucial role in classifying products for customs and statistical purposes. The HS code 29280010 specifically identifies Methyl ethyl ketoxime, allowing for easy categorization and regulation of its import and export.
One important aspect of HS codes is the bound or MFN (Most Favored Nation) duty rate associated with them. For HS code 29280010, the bound duty rate is 3.7%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 3.7% for the import or export of Methyl ethyl ketoxime to all its trading partners.
The quantity unit for Methyl ethyl ketoxime is kilograms (KG). This unit of measurement helps standardize the quantity of the product being traded and facilitates accurate record-keeping.
Furthermore, there are special tariff preference programs available for Methyl ethyl ketoxime. These programs offer duty-free treatment or reduced duty rates for specific countries. The countries eligible for these preferences include:
These special tariff preference programs aim to promote trade relations and provide economic benefits for the participating countries. By offering duty-free treatment or reduced duty rates, they encourage the import and export of Methyl ethyl ketoxime, fostering international cooperation.
In terms of importing and exporting Methyl ethyl ketoxime to and from the United States, there are no specific restrictions or limitations mentioned. However, it is essential for importers and exporters to comply with the applicable customs regulations and standards to ensure smooth trade operations.
HS code 29280010 represents Methyl ethyl ketoxime, a chemical compound used in various industries. Its classification under this HS code enables efficient trade regulation and facilitates customs procedures. The bound duty rate of 3.7% applies to all trading partners, ensuring fairness and uniformity in international trade. Additionally, special tariff preference programs offer duty-free treatment or reduced duty rates for specific countries, further promoting the import and export of Methyl ethyl ketoxime.