Odoriferous or flavoring compounds of acyclic aldehydes without other oxygen function, nesoi, falls under the HS Code 29121920. This code is used to classify and identify specific products for international trade. In this article, we will explore the details of this HS code and its implications in the global trade market.
The product description of HS Code 29121920 refers to odoriferous or flavoring compounds of acyclic aldehydes without other oxygen function. These compounds are used to add fragrance or flavor to various products and are categorized as "nesoi" which stands for "not elsewhere specified or included". In simpler terms, this code is used to classify odoriferous or flavoring compounds that do not fall under any other specific category within the HS system.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29121920 is 4.8%. The MFN duty rate is the rate that applies to all countries unless there is a specific trade agreement or preference program in place. It means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This ensures fair and equal treatment for all trading partners.
The quantity unit for HS Code 29121920 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the odoriferous or flavoring compounds being imported or exported. It provides a standardized measurement for trade transactions and helps in calculating costs and logistics.
There are also special tariff preference programs available for imports under HS Code 29121920. These programs offer reduced or zero duty rates for certain countries. The countries eligible for these special tariff preferences include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing incentives for imports of certain goods. By offering reduced or zero duty rates, these programs make it more affordable for eligible countries to import odoriferous or flavoring compounds classified under HS Code 29121920.
When it comes to importing HS Code 29121920 into the United States, the available data indicates that West Virginia is the primary importing state. It is important to note that this information may vary over time as trade patterns and preferences change.
HS Code 29121920 classifies odoriferous or flavoring compounds of acyclic aldehydes without other oxygen function, nesoi. This code is used to identify and regulate the international trade of these compounds. The bound / MFN duty rate for this HS code is 4.8%, and it is measured in kilograms (KG). Special tariff preference programs are also available, providing reduced or zero duty rates for eligible countries. Understanding and complying with the regulations and trade preferences associated with HS Code 29121920 is crucial for importers and exporters in the global trade market.