The HS Code 29337930 refers to the product N-Vinyl-2-pyrrolidone, which is a monomer used in various industries. In this article, we will explore the details of this HS code, its import and export regulations, and the special tariff preference programs associated with it.
N-Vinyl-2-pyrrolidone is a chemical compound commonly known as NVP. It is a colorless liquid that is soluble in water and other polar solvents. NVP is primarily used as a monomer in the production of polymers, such as polyvinylpyrrolidone (PVP), which find applications in various industries including pharmaceuticals, cosmetics, and personal care products.
The HS Code 29337930 is a specific code assigned to N-Vinyl-2-pyrrolidone, monomer for international trade purposes. HS codes are used to classify products and facilitate customs procedures and international trade documentation. The code provides a standardized method for identifying and categorizing goods, ensuring consistency in trade regulations across countries.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29337930 is 5.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate is applied to the declared value of the imported goods and is paid by the importer.
The quantity unit for HS Code 29337930 is kilograms (KG). This unit is used to measure the weight of the imported or exported N-Vinyl-2-pyrrolidone monomer. It is important to accurately declare the quantity unit to ensure compliance with customs regulations and facilitate smooth trade processes.
There are several special tariff preference programs associated with HS Code 29337930. These programs offer preferential treatment in terms of duty rates for countries participating in these programs. The special tariff preference programs for N-Vinyl-2-pyrrolidone monomer are as follows:
HS Code 29337930 is imported into the United States, specifically the states of Indiana, Nebraska, and Puerto Rico. These states have been identified as the primary destinations for the import of N-Vinyl-2-pyrrolidone monomer. Importers in these states must comply with the customs regulations and duty rates associated with this HS code.
The exporting states within the United States for HS Code 29337930 are not specified in the provided data. However, it is important to note that the export of N-Vinyl-2-pyrrolidone monomer from any state within the US would follow the same HS code regulations and documentation requirements as the importing states.
the HS Code 29337930 represents N-Vinyl-2-pyrrolidone, a monomer used in various industries. Importers and exporters of this product need to be aware of the associated duty rates, special tariff preference programs, and the specific states involved in its importation. Understanding the HS code system is crucial for smooth international trade and compliance with customs regulations.