Hexylene glycol, classified under HS Code 29053960, is a chemical compound widely used in various industries. In this article, we will explore the significance of this HS code, its product description, duty rates, quantity units, and special tariff preference programs. Understanding the details of HS Code 29053960 is crucial for importers and exporters dealing with hexylene glycol.
Hexylene glycol is a clear, colorless liquid with a characteristic mild odor. It is a versatile chemical compound used in the manufacturing of various products, including cosmetics, paints, coatings, cleaners, and industrial solvents. Hexylene glycol acts as a solvent, viscosity regulator, and emollient in these applications.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29053960 is free. This means that the import of hexylene glycol is not subjected to any customs duty when imported into a country. Trade barriers are lowered, encouraging the free flow of this chemical compound across international borders. It is important to note that duty rates may vary for other HS codes and products.
The quantity unit for hexylene glycol, as specified by HS Code 29053960, is kilograms (KG). This unit of measurement provides a standardized and uniform way to quantify the volume of hexylene glycol being imported or exported. Importers and exporters should accurately measure and declare the quantity of hexylene glycol in kilograms to comply with customs regulations.
Special tariff preference programs offer certain benefits and incentives to importers and exporters of specific products. While HS Code 29053960 does not have any specific tariff preference programs associated with it, it is essential to stay updated with the latest trade agreements and preferential trade schemes. These programs can vary from country to country and may provide reduced duty rates, exemptions, or other advantages for importing or exporting hexylene glycol.
The import and export of hexylene glycol under HS Code 29053960 are not limited to specific US states. Importers and exporters across all states in the United States can engage in trade involving hexylene glycol, subject to compliance with relevant regulations and documentation requirements. It is advisable for businesses involved in importing or exporting hexylene glycol to consult with customs authorities and trade experts to ensure smooth transactions.
HS Code 29053960 plays a significant role in facilitating the international trade of hexylene glycol. This educational article has provided a comprehensive understanding of the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code. Importers and exporters should remain informed about the regulations and benefits related to HS Code 29053960 to effectively conduct their business operations.