The HS Code 29121910 refers to a specific product called Citral. This code is used to classify and identify the product for international trade purposes. Understanding the HS Code is essential for importers, exporters, and customs authorities to ensure proper classification and taxation of goods.
Citral is a chemical compound that is commonly used in the fragrance and flavor industry. It is a colorless liquid with a strong lemon-like odor and is derived from natural sources such as lemon grass, lemon peel, and other citrus fruits. Citral is widely used as a flavoring agent in food and beverages, as well as in the production of perfumes, soaps, and cosmetics.
When importing or exporting Citral, it is important to be aware of the duty rates associated with the HS Code 29121910. The bound or MFN (Most Favored Nation) duty rate for Citral is 5.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate applies to all countries unless there are special tariff preference programs in place.
For Citral, there are several special tariff preference programs that offer duty-free treatment or reduced duty rates for specific countries. These programs include:
When importing Citral into the United States, it is important to consider the specific regulations and requirements of the importing state. In the case of Citral, West Virginia is one of the states that import this product. It is essential to comply with all applicable laws, regulations, and licensing requirements to ensure a smooth importation process.
Understanding the HS Code 29121910 and the associated information for Citral is crucial for businesses involved in the international trade of this product. By being aware of the duty rates and special tariff preference programs, importers and exporters can make informed decisions and optimize their trading activities.