Benzaldehyde, classified under HS Code 29122100, is a chemical compound used in various industries such as pharmaceuticals, perfumes, and flavors. It is an aromatic aldehyde with the chemical formula C?H?CHO and a distinctive almond-like odor. In this article, we will delve into the details of this HS Code, its product description, duty rates, quantity unit, and special tariff preference programs.
Benzaldehyde is a colorless liquid that is soluble in water and most organic solvents. It is primarily used as a precursor in the production of various chemicals, including benzoic acid, cinnamic acid, and certain pharmaceuticals. Its characteristic almond scent makes it a popular ingredient in the fragrance industry, particularly in the creation of almond, cherry, and vanilla scents.
The bound / MFN (Most Favored Nation) duty rate for Benzaldehyde under HS Code 29122100 is 5.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The duty rate ensures fair trade practices and equal treatment for all countries involved in international trade.
The quantity unit for Benzaldehyde under HS Code 29122100 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the quantity of goods being traded. It provides a standardized and uniform measurement system for accurate transactions and logistics.
Benzaldehyde under HS Code 29122100 is eligible for several special tariff preference programs. These programs offer beneficial trade conditions, including reduced or duty-free treatment, to specific countries or regions. The following are the special tariff preference programs applicable to Benzaldehyde:
When it comes to importing Benzaldehyde under HS Code 29122100, the following US states are major importers:
These states have a significant demand for Benzaldehyde, likely due to their industries that utilize this chemical compound. Importing goods from specific states helps in tracking trade patterns and understanding the regional demand for certain products.
HS Code 29122100 represents Benzaldehyde, a versatile chemical compound used in various industries. Its product description, duty rates, quantity unit, and special tariff preference programs provide essential information for traders and businesses involved in international trade. Understanding these details is crucial for importers, exporters, and policymakers to ensure fair trade practices and maximize the benefits of special tariff programs.