p-Hydroxybenzoic acid, also known by its CAS number 99-96-7, falls under the HS code 99022903. This article aims to provide a detailed understanding of this chemical compound, its properties, applications, and the trade regulations associated with it.
p-Hydroxybenzoic acid is a white crystalline solid that is derived from benzoic acid. It is commonly used in various industries such as pharmaceuticals, cosmetics, and food additives. The compound is primarily obtained through the subheading 2918.29.22 of the HS code, indicating its classification and trade specifications.
The bound / MFN (Most Favored Nation) duty rate for p-Hydroxybenzoic acid is 4.3%. This rate signifies the tariff that needs to be paid when importing or exporting this chemical compound. It is important to note that this duty rate remains constant, regardless of any trade barriers being lowered or markets being opened up by a country.
Unfortunately, the quantity unit for p-Hydroxybenzoic acid is not available (NA) in the provided data. However, it is crucial to determine the quantity unit when engaging in international trade to ensure accurate measurement and pricing of the product.
Special tariff preference programs may be available for importing or exporting p-Hydroxybenzoic acid. These programs offer specific benefits or exemptions to promote trade between countries. However, the data provided does not mention any particular special tariff preference programs associated with this HS code.
As per the provided data, the specific importing and exporting US states for p-Hydroxybenzoic acid are not specified. However, it is important to note that the trade of this chemical compound may vary between different states within the United States.
p-Hydroxybenzoic acid (CAS No. 99-96-7) is a valuable compound used in various industries. Its HS code 99022903 classifies and regulates its international trade. Understanding the product description, duty rates, quantity unit, and any special tariff preference programs associated with this HS code is essential for importers, exporters, and other stakeholders involved in the trade of this chemical compound.