When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products and facilitating smooth transactions between countries. In this article, we will delve into the details of HS Code 99022908, which corresponds to the product 3-Amino-5-mercapto-1,2,4-triazole.
3-Amino-5-mercapto-1,2,4-triazole, also known by its CAS number 16691-43-3, falls under subheading 2933.90.97 of the HS Code. This chemical compound is widely used in various industries, including pharmaceuticals, agriculture, and research laboratories.
Under the HS Code 99022908, the bound and most-favored-nation (MFN) duty rate for importing this product is free. This means that whenever a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This provision promotes fair and equal treatment for all countries involved in international trade.
Unfortunately, the quantity unit for 3-Amino-5-mercapto-1,2,4-triazole is not available (NA) in the provided data. However, it is important to note that the HS Code is not solely dependent on the quantity of the product but rather on its classification and characteristics.
Special tariff preference programs may also apply to the import and export of goods under HS Code 99022908. These programs are designed to provide certain benefits or exemptions to specific countries or regions, encouraging trade and economic cooperation. It is essential for importers and exporters to stay updated on any applicable special tariff preference programs to maximize their trade opportunities.
HS Code 99022908 is relevant for both importing and exporting US states. This means that the product 3-Amino-5-mercapto-1,2,4-triazole can be traded between different states within the United States under this HS Code. However, it is important to comply with any additional regulations or requirements imposed by individual states.
HS Code 99022908 is specifically assigned to the chemical compound 3-Amino-5-mercapto-1,2,4-triazole. This HS Code helps in classifying the product for international trade and determining applicable duty rates. Understanding the HS Code system is essential for importers, exporters, and government authorities to enable efficient and transparent global trade.