Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29053910: A Comprehensive Guide to Butylene Glycol

When it comes to international trade, it is essential to have a standardized system to classify and identify products. The Harmonized System (HS) provides a globally recognized code for each product, ensuring consistency and facilitating trade. In this article, we will delve into HS Code 29053910, which pertains to Butylene Glycol.

Product Description: Butylene Glycol

Butylene Glycol is a chemical compound widely used in various industries, including cosmetics, pharmaceuticals, and food processing. It is a clear, colorless liquid with a faintly sweet odor. With the molecular formula C₄H₁₀O₂ and a molar mass of 90.12 g/mol, Butylene Glycol is classified under HS Code 29053910.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for Butylene Glycol under HS Code 29053910 is 5.5%. This means that every time a country reduces trade barriers or opens up its market, it must apply the same duty rate to the importation of Butylene Glycol from all its trading partners. The MFN principle ensures fair and non-discriminatory treatment in international trade.

Quantity Unit: Kilograms (KG)

When importing or exporting Butylene Glycol, the quantity unit is measured in kilograms (KG). This standard unit of measurement allows for accurate calculations and ensures consistency in trade transactions.

Special Tariff Preference Programs

Under HS Code 29053910, Butylene Glycol may be eligible for special tariff preference programs. These programs offer preferential duty treatment, often resulting in duty-free importation. Here are some of the special tariff preference programs applicable to Butylene Glycol:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products from various developing countries.
• Australia Special Rate: Butylene Glycol from Australia may enjoy a special rate under specific trade agreements.
• Bahrain Special Rate: Butylene Glycol from Bahrain may be subject to a preferential duty rate.
• NAFTA for Canada: Under the North American Free Trade Agreement, Butylene Glycol from Canada receives duty-free treatment.
• Chile Special Rate: Butylene Glycol from Chile may be eligible for a special duty rate.
• Caribbean Basin Initiative (CBI): Butylene Glycol from designated Caribbean countries may qualify for duty-free treatment.
• Israel Special Rate: Butylene Glycol from Israel may enjoy duty-free treatment under specific trade agreements.
• Andean Trade Preference Act (ATPA): Butylene Glycol from ATPA beneficiary countries may receive preferential duty treatment.
• Jordan Special Rate: Butylene Glycol from Jordan may be subject to a special duty rate.
• Morocco Special Rate: Butylene Glycol from Morocco may enjoy a preferential duty rate.
• NAFTA for Mexico: Under the North American Free Trade Agreement, Butylene Glycol from Mexico receives duty-free treatment.
• Oman Special Rate: Butylene Glycol from Oman may be subject to a preferential duty rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Butylene Glycol from DR-CAFTA beneficiary countries may receive preferential duty treatment.
• Peru Special Rate: Butylene Glycol from Peru may be eligible for a special duty rate.
• Singapore Special Rate: Butylene Glycol from Singapore may enjoy a preferential duty rate.

Importing US States and Exporting US States

Butylene Glycol under HS Code 29053910 can be imported into any state within the United States. Exporting Butylene Glycol from the United States is also possible to any destination around the world. The HS Code ensures that the product is identified correctly and facilitates smooth trade operations between countries.

HS Code 29053910 plays a crucial role in classifying and identifying Butylene Glycol in international trade. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS Code is essential for importers, exporters, and policymakers alike. By adhering to the harmonized system, trade barriers are reduced, and global commerce is made more efficient.