When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying different products. In this article, we will delve into the details of HS Code 29411030, which covers various antibiotics, including carfecillin, sodium; cloxacillin, sodium; dicloxacillin, sodium; flucloxacillin (Floxacillin); and oxacillin, sodium.
Product Description
The HS Code 29411030 specifically refers to the aforementioned antibiotics in their sodium form. These antibiotics are commonly used in the medical field for their bactericidal properties. They belong to the penicillin and cephalosporin classes, which are widely prescribed to treat bacterial infections.
Bound / MFN Duty Rate
Under the principle of Most Favored Nation (MFN) treatment, countries must apply the same duty rate for the same goods or services from all their trading partners. However, in the case of HS Code 29411030, the bound or MFN duty rate is set at free. This means that there are no import duties imposed when these antibiotics are brought into a country.
Quantity Unit
The quantity unit specified for HS Code 29411030 is kilograms (KG). This means that the measurement and pricing of these antibiotics are based on weight.
Special Tariff Preference Programs
Several special tariff preference programs apply to HS Code 29411030. These programs provide specific trade benefits and lower or eliminate import duties for the covered products. The following countries and programs offer preferential treatment for the importation of these antibiotics:
Importing and Exporting US States
HS Code 29411030 is applicable to both importing and exporting US states. This means that these antibiotics can be imported into and exported from any state within the United States. The code ensures uniformity in the classification and regulation of these products throughout the country.
Overall, HS Code 29411030 covers several important antibiotics used in the medical field. Understanding the details and implications of this code is essential for importers, exporters, and healthcare professionals involved in the international trade of these pharmaceutical products.