Nonaromatic aldehyde-alcohols, categorized under HS Code 29123050, are a type of chemical compound that does not contain aromatic compounds and is classified as an aldehyde-alcohol. These compounds are distinct from hydroxycitronellal, which falls under a different HS code. Nonaromatic aldehyde-alcohols have various applications across industries such as fragrance and flavor manufacturing, pharmaceuticals, and chemical synthesis.
When importing or exporting goods classified under HS Code 29123050, it is important to be aware of the applicable duty rates and any special tariff preference programs that may be available. The bound or most-favored-nation (MFN) duty rate for nonaromatic aldehyde-alcohols is 5.1%. This means 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, ensuring fair and equitable treatment.
The quantity unit for nonaromatic aldehyde-alcohols is measured in kilograms (KG). This unit is commonly used in international trade to determine the weight or quantity of the product being traded.
Several special tariff preference programs are available for nonaromatic aldehyde-alcohols under HS Code 29123050. These programs provide preferential treatment, often in the form of duty-free or reduced-duty access, for specific trading partners. The following countries and regions have special tariff preference programs for nonaromatic aldehyde-alcohols:
When importing nonaromatic aldehyde-alcohols into the United States, it is essential to be aware of the specific requirements and regulations of the importing and exporting states. While this data does not provide an exhaustive list of importing and exporting US states, it indicates that West Virginia is involved in the trade of nonaromatic aldehyde-alcohols under HS Code 29123050.
Understanding the details of HS Code 29123050 is crucial for businesses and individuals engaged in the import and export of nonaromatic aldehyde-alcohols. It ensures compliance with applicable duty rates and allows for the utilization of any available special tariff preference programs, ultimately facilitating smoother international trade in this particular product category.