Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29051450: Butanols with a purity of less than 99%

When it comes to international trade, specific codes are used to classify and categorize products. One such code is the HS code, which stands for Harmonized System code. Each product is assigned a unique HS code, allowing for easy identification and standardization in global trade. In this article, we will dive into the details of HS Code 29051450, which pertains to butanols with a purity of less than 99% by weight.

Product Description:

The HS Code 29051450 refers to butanols other than butan-1-ol and tert-butyl alcohol. These butanols have a purity level of less than 99% by weight. Butanols are organic compounds that consist of four carbon atoms and a hydroxyl group (-OH). They are commonly used as solvents in various industries, including chemicals, pharmaceuticals, and paints.

Bound / MFN Duty Rate:

The bound/MFN (Most Favored Nation) duty rate for HS Code 29051450 is 5.5%. The MFN principle states that every time 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 helps promote fairness and equal treatment in international trade.

Quantity Unit:

The quantity unit for HS Code 29051450 is kilograms (KG). This means that the measurement and pricing of the product are based on weight in kilograms. It provides a standardized unit for trade calculations and transactions.

Special Tariff Preference Programs:

Several special tariff preference programs are applicable to HS Code 29051450. These programs offer preferential treatment, including duty-free or reduced-duty access to certain countries. The countries and programs applicable to this HS code are as follows:

• Generalized System of Preferences (GSP) - Provides duty-free treatment
• Australia Special Rate
• Bahrain Special Rate
• NAFTA for Canada - Duty-free treatment
• Chile Special Rate
• Caribbean Basin Initiative (CBI)
• Israel Special Rate - Duty-free treatment
• Andean Trade Preference Act (ATPA)
• Jordan Special Rate
• Morocco Special Rate
• NAFTA for Mexico
• Oman Special Rate
• Dominican Republic-Central American Special Rate (DR-CAFTA)
• Peru Special Rate
• Singapore Special Rate

Importing US States:

HS Code 29051450 is imported into the following US states:

• Alaska
• Louisiana
• Montana

Exporting US States:

HS Code 29051450 is exported from the state of Louisiana.

HS Code 29051450 represents butanols with a purity of less than 99% by weight. It is important for businesses involved in international trade to understand the specific HS codes applicable to their products. This knowledge helps ensure compliance with customs regulations, determine duty rates, and take advantage of any special tariff preference programs available. By using the HS code system, global trade becomes more efficient, transparent, and standardized.