New HS Code Rules Impact Methyl Fluoride and Chloride Tax Rates

This article provides an in-depth analysis of the HS code and related tax rate information for the commodity code 2903491013, specifically for difluoromethane. It covers both export and import policies. By understanding this information, businesses can operate more effectively in the international market, thereby enhancing their competitiveness.
New HS Code Rules Impact Methyl Fluoride and Chloride Tax Rates

In the chemical industry, proper classification and management of compounds are essential for international trade and regulatory compliance. One such compound, chlorofluoromethane (monochloromonofluoromethane), carries significant industrial importance and is identified under the specific Harmonized System (HS) code 2903491013.

Chemical Classification and Applications

As a halogenated derivative of hydrocarbons, chlorofluoromethane possesses unique properties that make it valuable for various industrial applications. According to international trade regulations, this organic compound falls under Chapter 29 of the HS system, which covers organic chemicals. More specifically, it is classified under subheading 2903 for halogenated derivatives of hydrocarbons.

The compound is further categorized under 290349 as "other saturated acyclic hydrocarbon fluorinated derivatives." This classification was last updated on December 30, 2018, and is currently marked as expired in the official records.

Tariff Structure and Trade Implications

Notably, chlorofluoromethane enjoys favorable tariff conditions in international trade. Both export tax rates and value-added taxes are exempt for this chemical compound, meaning it carries no additional tax burden in commercial transactions. The import policy appears equally accommodating, with no special provisional or standard import tariffs applied.

While the product's declaration elements, regulatory conditions, and quarantine categories remain unspecified in official documentation, these administrative factors do not diminish its importance as a key industrial chemical.

Strategic Importance for Chemical Enterprises

For manufacturers and research institutions working with chlorofluoromethane, accurate knowledge of its HS classification and associated tariff policies is crucial for global market operations. Proper classification enables companies to optimize their supply chains, reduce transaction costs, and enhance competitive positioning in international trade.

The specific identification through HS coding allows for precise tracking of trade flows and regulatory compliance, while the favorable tax structure facilitates cost-effective global distribution of this important industrial chemical.