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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 32042040: A Comprehensive Guide to Benzoxazol

Benzoxazol is a chemical compound that falls under HS Code 32042040. In this article, we will explore the product description, duty rates, quantity units, special tariff preference programs, and importing/exporting US states associated with this HS code.

Product Description

Benzoxazol is a heterocyclic compound with a molecular formula of C7H5NO. It is commonly used in various industries such as pharmaceuticals, agriculture, and manufacturing. This organic compound exhibits unique properties that make it suitable for a wide range of applications.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for Benzoxazol is free. This means that every time a country lowers a trade barrier or opens up a market, it must extend the same treatment to all its trading partners for the import of Benzoxazol. This promotes fair trade practices and equal opportunities for all countries involved.

Quantity Unit

The quantity unit for Benzoxazol is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of the product being imported or exported.

Special Tariff Preference Programs

Benzoxazol enjoys special tariff preference programs in several countries. These programs provide benefits such as duty-free treatment or reduced duty rates for the import of this product. Here are the countries and their respective special rates:

These special tariff preference programs encourage trade between the countries involved and promote economic growth and cooperation.

Importing and Exporting US States

The import and export of Benzoxazol within the United States may vary across different states. However, specific data regarding the importing and exporting US states for this HS code is not available at this time.

HS Code 32042040 represents Benzoxazol, a versatile chemical compound with various applications. It enjoys special tariff preference programs in multiple countries, allowing for duty-free treatment or reduced duty rates. This code plays a vital role in international trade and fosters economic relationships between nations.



More on HS code 32042040
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