HS Code 29291035: A Comprehensive Guide to 1,6-Hexamethylene Diisocyanate

When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in identifying and classifying goods. In this article, we will delve into the details of HS Code 29291035, which corresponds to the product known as 1,6-Hexamethylene Diisocyanate.

Product Description

1,6-Hexamethylene Diisocyanate is a chemical compound used primarily in the production of polyurethane foams, coatings, and adhesives. It is a clear, colorless liquid with a strong odor and is highly reactive. This compound is classified under HS Code 29291035, which specifically identifies it for trade purposes.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for HS Code 29291035 is 6.5%. The MFN principle means that whenever 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 duty rate applies regardless of the origin of the product.

Quantity Unit

The quantity unit for HS Code 29291035 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the volume of goods being imported or exported.

Special Tariff Preference Programs

HS Code 29291035 is eligible for various special tariff preference programs. These programs provide preferential treatment or exemptions from duties for specific countries or regions. The following are some of the programs and the corresponding countries or regions eligible for them:

Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment. Countries include A+, AU, BH, CA, CL, D, E, IL, J, JO, MA, MX, OM, P, PE, and SG.
Australia Special Rate: Australia has a special rate for imports under this HS Code.
Bahrain Special Rate: Bahrain offers a special rate for imports under this HS Code.
NAFTA for Canada: Canada enjoys duty-free treatment under the North American Free Trade Agreement (NAFTA) for imports of this product.
Chile Special Rate: Chile has a special rate for imports under this HS Code.
Africa Growth and Opportunity Act (AGOA): Countries eligible for AGOA receive duty-free treatment for imports under this HS Code.
Caribbean Basin Initiative (CBI): Countries eligible for the CBI receive duty-free treatment for imports under this HS Code.
Israel Special Rate: Israel offers a special rate for imports under this HS Code.
Andean Trade Preference Act (ATPA): Countries eligible for ATPA receive duty-free treatment for imports under this HS Code.
Jordan Special Rate: Jordan offers a special rate for imports under this HS Code.
Morocco Special Rate: Morocco has a special rate for imports under this HS Code.
NAFTA for Mexico: Mexico enjoys duty-free treatment under NAFTA for imports of this product.
Oman Special Rate: Oman offers a special rate for imports under this HS Code.
Dominican Republic-Central American Special Rate (DR-CAFTA): Countries eligible for DR-CAFTA receive duty-free treatment for imports under this HS Code.
Peru Special Rate: Peru has a special rate for imports under this HS Code.
Singapore Special Rate: Singapore offers a special rate for imports under this HS Code.

Importing US States and Exporting US States

HS Code 29291035 is relevant for trade between various importing and exporting US states. The specific details of these states can be obtained from trade data sources and can vary based on actual trade volumes and preferences.