The HS Code 29231000 refers to Choline and its salts. Choline is an essential nutrient that is necessary for the proper functioning of the body. It is a water-soluble compound that is similar to the B vitamins. Choline and its salts are used in various industries including pharmaceuticals, cosmetics, and animal feed.
Choline and its salts are classified under the Harmonized System (HS) Code 29231000. The HS Code is an international standard for classifying traded products. It is used by customs authorities to identify and categorize different goods for import and export.
The Bound/MFN duty rate for Choline and its salts is 3.7%. This means that 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 ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for Choline and its salts is kilograms (KG). This is the standard unit of measurement used to quantify the amount of the product being imported or exported.
There are several special tariff preference programs that offer duty-free treatment for Choline and its salts. These programs include the Generalized System of Preferences (GSP), Australia Special Rate, Bahrain Special Rate, NAFTA for Canada, Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Agreement on Trade in Pharmaceutical Products, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), and Peru Special Rate, Singapore Special Rate.
When importing Choline and its salts to the United States, the product is primarily received in Puerto Rico and North Carolina. Puerto Rico is a common destination for imports due to its strategic location and status as a U.S. territory. North Carolina is also a major hub for importing Choline and its salts.
the HS Code 29231000 represents Choline and its salts. This essential nutrient is used in various industries and is subject to a 3.7% duty rate. There are also several special tariff preference programs that offer duty-free treatment for Choline and its salts. When importing to the United States, Puerto Rico and North Carolina are common destinations for this product.