The HS Code 29339901 refers to a specific product called Butyl (R)-2-[4-(5-triflouromethyl-2-pyridinyloxy)phenoxy]propanoate. This code is used to classify and identify this particular chemical compound for trade and customs purposes. Understanding the HS code is essential for importers, exporters, and customs officials to accurately categorize and regulate the movement of goods across international borders.
The product description of Butyl (R)-2-[4-(5-triflouromethyl-2-pyridinyloxy)phenoxy]propanoate provides detailed information about its chemical composition. It is a compound composed of butyl, pyridine, and propanoate elements. This information is crucial for scientists, researchers, and manufacturers who deal with this specific chemical compound in various industries such as pharmaceuticals, agriculture, and manufacturing.
When it comes to trade, the bound and MFN (Most-Favored Nation) duty rate is an important factor. The bound duty rate represents the maximum tariff rate that a country can impose on this product. In contrast, the MFN duty rate refers to the actual tariff rate applied to the product during international trade. In this case, the product is duty-free, meaning there are no tariffs imposed on it when imported or exported.
The quantity unit for this product is measured in kilograms (KG). This unit of measurement is widely used in international trade to determine the weight and quantity of goods being imported or exported.
Special tariff preference programs can significantly impact the trade of this product. The HS Code 29339901 is eligible for various special tariff preference programs. These programs include the Generalized System of Preferences (GSP), Australia Special Rate, Bahrain Special Rate, NAFTA for Canada, Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Agreement on Trade in Pharmaceutical Products, Uruguay Round Concessions on Intermediate Chemicals for Dyes, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), Peru Special Rate, and Singapore Special Rate.
Importing US states that receive this product include Indiana, Nebraska, and Puerto Rico. These states have a demand for Butyl (R)-2-[4-(5-triflouromethyl-2-pyridinyloxy)phenoxy]propanoate and import it from other countries to fulfill their industrial or commercial needs.
On the other hand, Missouri is an exporting US state for this product. It indicates that Missouri produces or manufactures Butyl (R)-2-[4-(5-triflouromethyl-2-pyridinyloxy)phenoxy]propanoate and exports it to other states within the United States or to international markets.
understanding the HS Code 29339901 and its associated data is crucial for anyone involved in the import and export of Butyl (R)-2-[4-(5-triflouromethyl-2-pyridinyloxy)phenoxy]propanoate. It helps in proper classification, regulation, and documentation of the product, ensuring smooth trade operations and compliance with international trade regulations.