The HS Code 29224250 refers to Glutamic acid and its salts, excluding monosodium glutamate. This article will provide an extensive overview of this product, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Glutamic acid is an amino acid that is naturally found in protein-rich foods such as meat, fish, and dairy products. It is a non-essential amino acid, meaning that the body can produce it on its own. Glutamic acid and its salts are commonly used as flavor enhancers in the food industry. However, the HS Code 29224250 specifically excludes monosodium glutamate (MSG), which is classified under a different HS code.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29224250 is 3.7%. The MFN duty rate is the rate applied to a product when a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive equal treatment from all trading partners. Therefore, regardless of the country of origin, the duty rate for glutamic acid and its salts will be 3.7%.
The quantity unit for HS Code 29224250 is kilograms (KG). When importing or exporting glutamic acid and its salts, the quantity of the product is measured in kilograms.
There are several special tariff preference programs that provide duty-free treatment for HS Code 29224250. These programs include:
These special tariff preference programs provide various trade benefits for importers and exporters of glutamic acid and its salts, promoting international trade and economic cooperation.
HS Code 29224250 is imported and exported by various US states. The specific states involved in the import and export of glutamic acid and its salts may vary depending on market demand and supply. However, some of the major importing and exporting US states for this product include:
These states have significant industrial and commercial activities, making them key players in the import and export of glutamic acid and its salts.
HS Code 29224250 represents glutamic acid and its salts, excluding monosodium glutamate. This article provided a comprehensive overview of the product, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states. Understanding the HS code and its associated information is crucial for businesses and individuals involved in international trade.