Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29071910: Alkylcresols - An Overview

The HS Code 29071910 refers to Alkylcresols, which are chemical compounds widely used in various industries. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.

Product Description

Alkylcresols are organic compounds derived from cresols, which are aromatic hydrocarbons. These compounds are commonly used as intermediates in the production of various chemicals, including antioxidants, disinfectants, and pharmaceuticals. Alkylcresols play a crucial role in industries such as healthcare, agriculture, and manufacturing.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for HS Code 29071910 is 5.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 5.5% to the imports of Alkylcresols from all its trading partners. The duty rate is a crucial factor in determining the cost of importing Alkylcresols.

Quantity Unit

The quantity unit for HS Code 29071910 is kilograms (KG). This unit is used to measure the weight of the imported or exported Alkylcresols. It helps in determining the quantity of the product and calculating the total cost based on the weight.

Special Tariff Preference Programs

There are several special tariff preference programs associated with HS Code 29071910, providing certain countries with preferential treatment or duty-free access to import Alkylcresols. Some of these programs include:

• Free Trade Agreement (A+, AU, BH, CA, CL, D, E, IL, J, JO, K, MA, MX, OM, P, PE, SG): Imports from these countries are eligible for duty-free treatment under the specific subheading.
• Australia Special Rate: Alkylcresols imported from Australia enjoy a special rate, which may include duty-free treatment or reduced duty rates.
• Bahrain Special Rate: Imports from Bahrain may be subject to a special rate, providing favorable conditions for trade.
• NAFTA for Canada and Mexico: Under the North American Free Trade Agreement (NAFTA), Alkylcresols imported from Canada and Mexico receive duty-free treatment.
• Chile Special Rate: Imports from Chile may be eligible for a special rate, ensuring preferential treatment for Alkylcresols.
• Africa Growth and Opportunity Act (AGOA): Alkylcresols imported from beneficiary countries under AGOA receive duty-free treatment, promoting economic growth in Africa.
• Caribbean Basin Initiative (CBI): Imports from CBI countries may enjoy duty-free treatment or reduced duty rates for Alkylcresols.
• Israel Special Rate: Alkylcresols imported from Israel may be subject to a special rate, providing favorable conditions for trade.
• Andean Trade Preference Act (ATPA): Imports from ATPA countries may receive preferential treatment or duty-free access to import Alkylcresols.
• Jordan Special Rate: Imports from Jordan may be subject to a special rate, ensuring favorable conditions for trade.
• Agreement on Trade in Pharmaceutical Products: Alkylcresols used in pharmaceutical products receive duty-free treatment, promoting the trade in these essential goods.
• Morocco Special Rate: Imports from Morocco may enjoy a special rate, providing favorable conditions for trade.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Alkylcresols imported from DR-CAFTA countries may receive preferential treatment or duty-free access.
• Peru Special Rate: Imports from Peru may be subject to a special rate, ensuring favorable conditions for trade.
• Singapore Special Rate: Alkylcresols imported from Singapore may enjoy a special rate, which may include duty-free treatment or reduced duty rates.

These special tariff preference programs aim to promote international trade, support economic development, and foster cooperation between countries.

Importing and Exporting US States

HS Code 29071910 applies to imports and exports of Alkylcresols to and from various states in the United States. The specific states involved in importing or exporting Alkylcresols may vary based on market demand, manufacturing capabilities, and trade agreements.

It is important for businesses and individuals involved in the trade of Alkylcresols to be aware of the regulations, duty rates, and special programs associated with HS Code 29071910. Understanding these factors can help optimize trade operations, reduce costs, and ensure compliance with international trade laws.

HS Code 29071910 covers Alkylcresols, which are chemical compounds used in various industries. The duty rate, quantity unit, and special tariff preference programs associated with this HS code play a significant role in determining the cost and conditions of importing or exporting Alkylcresols. By staying informed about these factors, businesses can make informed decisions and leverage the benefits offered by international trade agreements.