The Harmonized System (HS) Code is a standardized international system used for classifying and identifying traded products. Each HS Code corresponds to a specific product, facilitating international trade and ensuring consistent categorization across countries. In this article, we will delve into the details of HS Code 99022419, which refers to 2,3-Quinolinedicarboxylic Acid.
2,3-Quinolinedicarboxylic acid, also known as quinaldic acid, is a chemical compound with the CAS number 643-38-9. It falls under the subheading 2933.49.60, which specifically covers this product. This acid is commonly used in various industries, including pharmaceuticals, research, and chemical synthesis.
The bound or Most Favored Nation (MFN) duty rate for HS Code 99022419 is free. This means that no import duties or tariffs are imposed when this product is traded internationally. The MFN principle dictates that once a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This promotes fair and equal treatment of trading partners and encourages free trade.
The quantity unit for HS Code 99022419 is not available (NA). This indicates that the specific unit of measurement for this product is not defined in the HS Code system. It is important for importers and exporters to determine the appropriate quantity unit based on industry standards and specific trade requirements.
Special tariff preference programs are designed to promote trade between specific countries or regions by providing preferential treatment in terms of tariff rates. While specific details regarding the inclusion of HS Code 99022419 in such programs are not available, it is vital for traders to stay updated with any applicable programs that may affect the import or export of this product.
HS Code 99022419 is relevant for both importing and exporting by the United States. The specific states involved in the import or export of this product may vary depending on market demand, manufacturing capabilities, and other factors. It is advisable for traders to conduct thorough research and market analysis to identify potential trading partners and target markets.
HS Code 99022419 refers to 2,3-Quinolinedicarboxylic Acid, a chemical compound used in various industries. Its inclusion in the HS Code system allows for standardized classification and identification in international trade. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS Code is essential for importers and exporters. By staying informed and compliant with relevant trade regulations, businesses can effectively navigate the global market and maximize their trade opportunities.