The HS Code 99022970 refers to Tetraacetylethylenediamine, which is identified by the CAS number 10543-57-4. This product is classified under subheading 2924.10.10.
Tetraacetylethylenediamine is a chemical compound used in various industries for different purposes. It is commonly utilized as a bleach activator in laundry detergents and cleaning products. This compound enhances the bleaching capabilities of the detergents and helps to remove stains effectively.
When it comes to international trade, the HS Code plays a crucial role in identifying and classifying products. The Harmonized System (HS) is an international nomenclature developed by the World Customs Organization (WCO). It is used to standardize the classification of goods for customs purposes.
The HS Code 99022970 specifically categorizes Tetraacetylethylenediamine, allowing customs officials and traders to easily identify and classify the product during import and export procedures. It is essential for accurate documentation, tariff determination, and statistical analysis of international trade.
One important aspect of the HS Code is the Bound / MFN duty rate. The MFN (Most Favored Nation) principle ensures that a country must apply the same customs duty rate to all its trading partners. Therefore, if 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 principle promotes fair and non-discriminatory trade practices.
In the case of the HS Code 99022970, the Bound / MFN duty rate is free. This means that there are no import duties imposed on Tetraacetylethylenediamine when traded between countries. This can be advantageous for importers and exporters, as it eliminates additional costs and barriers to trade.
It is important to note that the quantity unit for Tetraacetylethylenediamine under the HS Code 99022970 is not available (NA). This information indicates that the specific unit of measurement for this product is not defined or specified in the HS Code. However, it is typically traded and measured in kilograms (kg) or metric tons (MT).
Special tariff preference programs may also apply to the import and export of Tetraacetylethylenediamine. These programs are designed to provide trade incentives and benefits for certain products and countries. They can include reduced or zero customs duties, simplified customs procedures, and preferential treatment for eligible trading partners.
When importing Tetraacetylethylenediamine into the United States, the specific regulations and requirements may vary depending on the state of import. Different states within the US may have additional rules or restrictions on certain products. It is important for importers to be aware of and comply with these state-specific regulations.
Similarly, when exporting Tetraacetylethylenediamine from the United States, the regulations and requirements may also vary depending on the state of export. Exporters should ensure compliance with both federal and state regulations to facilitate smooth and legal trade.
the HS Code 99022970 is used to classify Tetraacetylethylenediamine for international trade purposes. This chemical compound has various applications, primarily as a bleach activator in laundry detergents. The Bound / MFN duty rate for this HS Code is free, indicating no import duties. It is important for traders to be familiar with the specific regulations and requirements of the importing and exporting states. Special tariff preference programs may also provide additional benefits for the trade of Tetraacetylethylenediamine.