Essential oils play a significant role in various industries, including perfumery, cosmetics, and aromatherapy. One such essential oil is Orris, which falls under the HS Code 33012920. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, as well as the importing and exporting US states associated with this HS Code.
The HS Code 33012920 specifically refers to essential oils of Orris. Orris oil is derived from the rhizomes of the Iris germanica or Iris pallida plants, commonly known as the Orris root. These plants are native to Europe, particularly the Mediterranean region. The rhizomes are harvested, dried, and then distilled to extract the precious essential oil.
Orris oil has a delicate floral fragrance with earthy and powdery undertones. It is highly valued in the perfumery industry for its ability to add a unique and sophisticated note to various fragrances. Additionally, Orris oil is also used in cosmetics and aromatherapy due to its calming and soothing properties.
When importing products classified under HS Code 33012920, such as essential oils of Orris, a duty rate of 1.1% is applicable. This duty rate remains consistent regardless of the country from which the product is imported. The principle of most-favored-nation (MFN) treatment ensures that trade barriers are lowered or market access is opened up equally for all trading partners.
However, certain special tariff preference programs may provide exemptions or reduced duty rates for importing countries. For HS Code 33012920, the following special tariff preference programs apply:
These special tariff preference programs aim to foster trade relations, support economic growth, and provide opportunities for countries to benefit from reduced or eliminated duties on imports.
The quantity unit for HS Code 33012920, essential oils of Orris, is kilograms (KG). This unit of measurement allows for accurate and standardized trade transactions, ensuring clarity and consistency in the international market.
While the HS Code 33012920 applies to essential oils of Orris, the specific importing and exporting US states associated with this product are as follows:
These states play a role in the import and export of essential oils of Orris, contributing to the overall trade and distribution of this valued product within the United States.
HS Code 33012920 encompasses essential oils of Orris, a sought-after ingredient in the perfumery, cosmetics, and aromatherapy industries. With its delicate fragrance and versatile applications, Orris oil holds a prominent place in the global market. Understanding the product description, duty rates, quantity unit, special tariff preference programs, and the involvement of specific US states in importing and exporting helps facilitate smooth international trade and promotes economic growth.