Esters of salicylic acid and their salts, described in additional U.S. note 3 to section VI, are classified under HS code 29182330. This article will provide an extensive overview of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states.
The HS code 29182330 refers to esters of salicylic acid and their salts. Salicylic acid esters are organic compounds derived from salicylic acid, a commonly used ingredient in skincare products and medications. These esters are formed by replacing the hydroxyl group (-OH) of salicylic acid with an alcohol group (-OR), resulting in a compound with different properties and applications.
Salicylic acid esters and their salts have various uses in industries such as pharmaceuticals, cosmetics, and food. They can be found in skincare products, including acne treatments and exfoliants, as they possess anti-inflammatory and keratolytic properties. Additionally, these esters are utilized in the production of fragrances, flavorings, and preservatives.
The bound / MFN (Most Favored Nation) duty rate for HS code 29182330 is 6.5%. 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 applies to imports of esters of salicylic acid and their salts.
The quantity unit for HS code 29182330 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported esters of salicylic acid and their salts.
Under HS code 29182330, esters of salicylic acid and their salts may be eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty rates for imports from specific countries. The following are some of the special tariff preference programs applicable to this HS code:
It is important to note that the specific eligibility criteria and duty rates may vary for each program. Importers should consult the relevant trade agreements and regulations to determine the applicable tariff preferences.
HS code 29182330 is imported into the following US states:
These states are the primary destinations for imports of esters of salicylic acid and their salts under this HS code.
There is no specific information available regarding the exporting US states for HS code 29182330. However, it is worth noting that the United States is a major exporter of various chemicals and pharmaceutical products. Therefore, it is likely that esters of salicylic acid and their salts produced in the US are exported to various countries around the world.
HS code 29182330 represents esters of salicylic acid and their salts. These compounds have diverse applications in industries such as skincare, cosmetics, and food. Importers should be aware of the applicable duty rates, quantity unit, and special tariff preference programs when trading under this HS code. Additionally, understanding the importing US states can help facilitate the import process and ensure compliance with relevant regulations.