Pentafluorochloropropane (HS Code 2903491041) is emerging as a compound of significant interest across multiple industries. This organic chemical plays a unique role in various applications, with its proper classification and tariff understanding becoming increasingly important in global trade.
Classification and Status
Classified under HS Code 2903491041, pentafluorochloropropane falls within Chapter 29 of the Harmonized System, specifically categorized as a halogenated derivative of hydrocarbons. While demonstrating considerable market potential, industry professionals should note this classification was marked as obsolete as of December 30, 2018.
Tariff Structure
The current tariff framework for pentafluorochloropropane presents favorable conditions for international trade:
- Export tariff rate: 0%
- No applicable export tax rebates, provisional export rates, or VAT
- Most Favored Nation (MFN) import rate: 0%
- General import tariff rate: 0%
Customs Considerations
The compound benefits from streamlined customs procedures with no special declaration requirements or regulatory conditions. However, industry participants must maintain vigilance regarding potential policy changes that could affect tariff structures or classification systems.
As global trade dynamics continue to evolve, pentafluorochloropropane's classification and tariff treatment remain important factors for businesses operating in chemical supply chains. The current favorable tariff conditions may present strategic advantages for manufacturers and traders working with this specialty chemical.