Ethylvanillin, also known as 3-Ethoxy-4-hydroxy-benzaldehyde, is a chemical compound used in various industries. In this article, we will explore the HS Code 29124200 and provide a comprehensive understanding of this product.
The HS Code 29124200 is an internationally recognized code used to classify and categorize products for import and export purposes. It specifically refers to Ethylvanillin, which is a synthetic compound widely used in the food, fragrance, and pharmaceutical industries.
Bound / MFN duty rate for HS Code 29124200 is 5.5%. According to the principle of Most Favored Nation (MFN), 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 means that the duty rate of 5.5% applies consistently to Ethylvanillin imports from all countries.
The quantity unit for HS Code 29124200 is kilograms (KG). This unit of measurement is used to track and quantify the amount of Ethylvanillin being imported or exported.
There are also special tariff preference programs applicable to HS Code 29124200. These programs offer reduced or duty-free rates for specific countries. For Ethylvanillin, the following programs apply:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing benefits and incentives for specific products.
When it comes to importing Ethylvanillin to the United States, there are no restrictions on the states from which it can be imported. However, the exporting states may vary. In the case of HS Code 29124200, the exporting US states include West Virginia.
Ethylvanillin has a wide range of applications in different industries. In the food industry, it is used as a flavoring agent, particularly in vanilla-flavored products. Its synthetic nature allows for a more cost-effective alternative to natural vanilla extracts. In the fragrance industry, Ethylvanillin is used to add a vanilla-like scent to perfumes, soaps, and candles. Additionally, it is utilized in the production of pharmaceuticals and chemicals.
the HS Code 29124200 refers to Ethylvanillin, a synthetic compound with various applications in the food, fragrance, and pharmaceutical industries. It is classified under this code for import and export purposes, with a duty rate of 5.5%. Special tariff preference programs provide additional benefits and reduced rates for specific countries. Ethylvanillin is an essential ingredient in many products and plays a significant role in enhancing flavors and scents.