HS Code 29291020: Bitolylene diisocyanate and Xylene diisocyanate
Bitolylene diisocyanate (TODI), o-Isocyanic acid, o-tolyl ester, and Xylene diisocyanate fall under the HS Code 29291020. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states associated with this HS Code.
Product Description:
Bitolylene diisocyanate (TODI) and Xylene diisocyanate are chemical compounds used in the production of various polyurethane products. They are primarily used as raw materials in the manufacturing of coatings, adhesives, sealants, and elastomers. These diisocyanates play a crucial role in providing durability, flexibility, and resistance to the final products.
Duty Rates:
The bound or MFN (Most Favored Nation) duty rate for HS Code 29291020 is 5.8%. This duty rate applies each time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment.
Quantity Unit:
The quantity unit for HS Code 29291020 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported products.
Special Tariff Preference Programs:
Several special tariff preference programs are available for imports under HS Code 29291020. These programs aim to promote trade and economic development between countries. The following programs offer preferential treatment to imports of Bitolylene diisocyanate and Xylene diisocyanate:
1. Free Trade Agreement (FTA) partners (A+, AU, BH, CA, CL, D, E, IL, J, JO, MA, MX, OM, P, PE, SG): Imports from these countries receive duty-free treatment.
2. Australia Special Rate: Imports from Australia enjoy a special rate of duty.
3. Bahrain Special Rate: Imports from Bahrain receive a special rate of duty.
4. NAFTA for Canada: Imports from Canada under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
5. Chile Special Rate: Imports from Chile enjoy a special rate of duty.
6. Africa Growth and Opportunity Act (AGOA): Imports from eligible beneficiary countries under AGOA receive duty-free treatment.
7. Caribbean Basin Initiative (CBI): Imports from CBI member countries receive duty-free treatment.
8. Israel Special Rate: Imports from Israel receive a special rate of duty.
9. Andean Trade Preference Act (ATPA): Imports from ATPA beneficiary countries receive duty-free treatment.
10. Jordan Special Rate: Imports from Jordan receive a special rate of duty.
11. Morocco Special Rate: Imports from Morocco receive a special rate of duty.
12. NAFTA for Mexico: Imports from Mexico under NAFTA receive duty-free treatment.
13. Oman Special Rate: Imports from Oman receive a special rate of duty.
14. Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from DR-CAFTA member countries receive a special rate of duty.
15. Peru Special Rate: Imports from Peru receive a special rate of duty.
16. Singapore Special Rate: Imports from Singapore receive a special rate of duty.
Importing and Exporting US States:
HS Code 29291020 is applicable to imports and exports to and from various US states. The specific importing and exporting US states for this HS Code depend on the trade activities and preferences of businesses and individuals. It is important for importers and exporters to consult the relevant trade regulations and agreements to determine the specific states involved in the trade of Bitolylene diisocyanate and Xylene diisocyanate.
HS Code 29291020 covers Bitolylene diisocyanate (TODI) and Xylene diisocyanate. These chemicals are widely used in the production of polyurethane products. Importers and exporters should be aware of the duty rates, quantity unit, special tariff preference programs, and the specific importing/exporting US states associated with this HS Code to facilitate smooth international trade in these products.
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