The HS Code 29181990 refers to nonaromatic carboxylic acids with alcohol function, without other oxygen function, and their derivatives, NESOI. This code is used to classify and regulate the import and export of these specific products.
Nonaromatic carboxylic acids with alcohol function are compounds that contain both carboxylic acid and alcohol functional groups. These compounds are important in various industries, including pharmaceuticals, cosmetics, and organic synthesis. Examples of nonaromatic carboxylic acids with alcohol function include lactic acid, citric acid, and glycolic acid.
The derivatives of these acids refer to any compound that is derived from nonaromatic carboxylic acids with alcohol function. This can include esters, salts, and other chemical derivatives. Derivatives of these acids are often used as intermediates in the production of various products.
The HS Code 29181990 is assigned a bound or MFN (Most Favored Nation) duty rate of 4%. 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. This duty rate ensures fair trade practices and prevents discrimination between trading partners.
The quantity unit for the HS Code 29181990 is kilograms (KG). This unit is used to measure the weight of the imported or exported products. It provides a standardized measurement that allows for accurate tracking and reporting of trade activities.
In addition to the duty rate and quantity unit, there are also special tariff preference programs associated with the HS Code 29181990. These programs provide certain countries with preferential treatment, either through duty-free treatment or special rates. Some of the programs applicable to this HS code include:
When importing products with the HS Code 29181990 into the United States, the following states are involved:
These states are responsible for receiving and distributing the imported products within the country.
the HS Code 29181990 is used to classify and regulate the import and export of nonaromatic carboxylic acids with alcohol function, without other oxygen function, and their derivatives. It provides information on the duty rate, quantity unit, and special tariff preference programs associated with these products. Understanding and complying with this HS code is essential for businesses involved in the import and export of these specific products.