The HS Code 99021082 refers to the product Flutolanil, which is classified under subheading 2924.29.47 of the Harmonized System (HS). This code plays a crucial role in international trade as it helps in the proper identification and classification of goods for customs purposes.
Flutolanil, with the CAS No. 66332-96-5, is widely used in various industries due to its unique properties. It is commonly used as a fungicide, protecting crops from fungal diseases and promoting healthy plant growth. The HS Code ensures that Flutolanil is correctly categorized and appropriately regulated during import and export processes.
The Harmonized System (HS) is an international standard for classifying and coding products traded across borders. It is a comprehensive system that assigns unique codes to specific goods to facilitate international trade and customs procedures. The HS Code consists of six digits, which are further extended to ten digits for more detailed classification.
The HS Code 99021082 breaks down as follows:
By using the HS Code, customs authorities can easily identify the type of product being imported or exported. It helps in determining the applicable duties, taxes, and regulations that apply to the specific goods, ensuring compliance with international trade laws.
The Bound or Most Favored Nation (MFN) duty rate is the rate at which a country imposes import duties on a specific product. It represents the maximum tariff that can be charged on that product. The HS Code 99021082 is associated with a free duty rate, meaning that no import duties are levied on Flutolanil when traded between countries.
This zero-duty rate encourages international trade and fosters economic cooperation between nations. It eliminates barriers to market access, making Flutolanil more affordable and accessible for importers and exporters alike. However, it is important to note that duty rates may vary for different countries, and it is crucial to consult the customs regulations of the specific importing or exporting country.
The abbreviation "NA" stands for "Not Available" in the context of the quantity unit for the product described by the HS Code 99021082. This indicates that the specific quantity unit for Flutolanil is not explicitly mentioned or standardized.
While the absence of a defined quantity unit may seem unusual, it is not uncommon for certain products, especially chemicals or substances, to have variable units of measurement based on their specific applications or industry standards. In such cases, it is essential for importers and exporters to provide accurate and detailed information about the quantity being traded to ensure proper customs clearance.
Special tariff preference programs are trade agreements or arrangements between countries that provide preferential treatment to specific goods or services. These programs aim to promote trade, economic development, and cooperation among participating nations.
For the product described by HS Code 99021082, there may be special tariff preference programs available, depending on the trade agreements between the importing and exporting countries. These programs could include reduced tariff rates, exemptions, or other trade facilitation measures. Importers and exporters should investigate and take advantage of these programs to maximize cost savings and enhance competitiveness in the international market.
As the HS Code is a globally recognized classification system, it is used not only for international trade but also for domestic trade within countries. In the case of the United States, the HS Code 99021082 is equally applicable for both importing and exporting states.
When importing Flutolanil into the United States, importers must adhere to the customs regulations and procedures set by the U.S. Customs and Border Protection (CBP). This includes filing appropriate documentation, paying applicable duties and taxes (if any), and ensuring compliance with any additional regulatory requirements.
Similarly, when exporting Flutolanil from the United States, exporters must comply with the export control laws and regulations administered by various agencies, such as the U.S. Department of Commerce, Bureau of Industry and Security (BIS). Exporters must obtain any necessary licenses, complete export declarations, and follow any specific requirements related to the destination country.
By understanding and correctly utilizing the HS Code 99021082, importers and exporters can streamline their customs procedures, ensure compliance with trade regulations, and contribute to the efficient and secure flow of goods in international trade.