HS Code Tax Rates Set for Trichloroisopropyl Propane Trade

This article explores the HS code for pentachlorofluoropropane and its related tax information, emphasizing the importance of adhering to this information in international trade. It also highlights the issue of expired coding status and the current absence of the CIQ code.
HS Code Tax Rates Set for Trichloroisopropyl Propane Trade

In global trade, Harmonized System (HS) codes serve as a critical tool for market analysis and regulatory compliance. For instance, pentafluorochloropropane, an organic compound, is classified under HS code 2903456000. This classification not only facilitates international trade but also provides the foundation for understanding its regulatory framework.

Pentafluorochloropropane falls under Chapter 29 of the HS system, which covers chemicals and related industrial products. Key tariff information for this substance includes:

  • Export duty: None
  • Export tax rebate: None
  • Provisional export duty: None
  • Value-added tax: None
  • Most-favored-nation tariff rate: None
  • Provisional import duty: None
  • General import duty: None
  • Consumption tax: None

It should be noted that the HS code for pentafluorochloropropane was last updated on December 30, 2018, and its current status is marked as expired. Furthermore, the 13-digit CIQ code (Customs Inspection and Quarantine code) for this substance is not available in existing databases.

When processing trade declarations for this chemical, particular attention must be paid to applicable regulatory conditions and inspection categories. While no specific declaration elements are currently specified, compliance remains essential in this sector.

Accurate knowledge of HS codes and tariff information for substances like pentafluorochloropropane enables businesses to streamline international trade operations, maintain regulatory compliance, and optimize tax-related processes.