Mannitol, classified under HS Code 29054300, is a versatile product that finds application in various industries. In this educational article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with Mannitol. Additionally, we will discuss the importing and exporting US states for this particular HS Code.
Mannitol is a white, crystalline powder that belongs to the family of sugar alcohols. It is derived from various sources, including seaweed and certain plants. Mannitol has a sweet taste and is commonly used as a sugar substitute in food and pharmaceutical products due to its low caloric content.
Mannitol also has excellent moisture retention properties, making it an ideal ingredient in skincare and cosmetic products. Furthermore, its ability to act as an osmotic diuretic has led to its usage in the medical field, particularly in intravenous infusions.
The bound/MFN (Most Favored Nation) duty rate for Mannitol under HS Code 29054300 is 4.6%. This duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring that the same goods or services receive equal treatment from all trading partners.
The quantity unit for Mannitol is kilograms (KG). This unit of measurement is used to quantify the weight of the product during import and export transactions. It provides a standardized measurement system that facilitates trade between countries.
Mannitol, under HS Code 29054300, is eligible for various special tariff preference programs. These programs offer preferential treatment, including duty-free or reduced duty rates, for importing and exporting Mannitol to specific countries. The following special tariff preference programs apply to Mannitol:
When it comes to importing Mannitol under HS Code 29054300, there are no specific restrictions based on the US states you are importing from. However, it is essential to comply with all relevant customs regulations and documentation requirements in the importing process.
Regarding exporting Mannitol from the United States, the same principle applies. The exporting US states do not affect the process or eligibility for special tariff preference programs. Exporters must ensure compliance with all necessary export procedures and regulations.
Mannitol, classified under HS Code 29054300, is a versatile product with various applications in industries such as food, pharmaceuticals, skincare, and cosmetics. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with Mannitol is crucial for importers and exporters in maximizing trade opportunities and benefiting from preferential treatment.