The HS Code 99021033 refers to the product Triadimefon, which has the Chemical Abstracts Service (CAS) number 43121-43-3. This product is classified under the subheading 2933.99.22.
Triadimefon is a chemical compound that is commonly used as a fungicide. It is highly effective in controlling various fungal diseases in crops, including powdery mildew, rust, and leaf spots. The compound acts by inhibiting the growth of fungi and preventing the spread of diseases.
When it comes to international trade, HS codes are essential for classifying products and determining the applicable tariffs and trade regulations. The HS code 99021033 specifically identifies Triadimefon, making it easier for customs officials and traders to identify and categorize this product.
One important aspect to consider when importing or exporting Triadimefon is the bound and Most Favored Nation (MFN) duty rate. The bound duty rate for this HS code is 0.7%. The bound rate represents the maximum tariff rate that a country can impose on a particular product. On the other hand, the MFN duty rate is the rate applied to imports from all trading partners, ensuring that trade barriers are lowered equally for all countries.
It is worth noting that the quantity unit for Triadimefon is not available (NA) in the provided data. However, it is important to determine the quantity and packaging requirements when engaging in international trade to comply with import and export regulations.
Additionally, there may be special tariff preference programs that apply to Triadimefon. These programs aim to promote trade and economic cooperation between countries. Importing and exporting US states may also have specific regulations and requirements for Triadimefon, which should be considered before engaging in trade.
Overall, the HS Code 99021033 plays a crucial role in identifying and categorizing Triadimefon for international trade. Understanding the bound and MFN duty rates, as well as any special tariff preference programs, is essential for successful import and export operations. Compliance with regulations and requirements of importing and exporting US states is also necessary to ensure smooth trade and adherence to trade policies.