Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29123010 - Aromatic Aldehyde-Alcohols

Aromatic aldehyde-alcohols fall under HS Code 29123010. This article will provide a comprehensive overview of this HS code and provide information on the product description, duty rates, quantity units, special tariff preference programs, and importing/exporting states within the United States.

Product Description

Aromatic aldehyde-alcohols are chemical compounds that contain both aldehyde and alcohol functional groups. These compounds are commonly used in the fragrance and flavor industry due to their pleasant aromatic qualities. They are often employed as key ingredients in the production of perfumes, colognes, and other scented products.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 29123010 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.

Quantity Unit

The quantity unit for HS Code 29123010 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight of goods being imported or exported.

Special Tariff Preference Programs

There are several special tariff preference programs available for imports classified under HS Code 29123010. These programs provide various duty-free or reduced-duty treatment based on the country of origin. The programs include:

• Free: Only imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment.
• Australia Special Rate
• Bahrain Special Rate
• NAFTA (North American Free Trade Agreement) for Canada: Duty-free treatment for imports from Canada.
• Chile Special Rate
• Africa Growth and Opportunity Act (AGOA): Duty-free treatment for imports from eligible African countries.
• Caribbean Basin Initiative (CBI)
• Israel Special Rate
• Andean Trade Preference Act (ATPA)
• Jordan Special Rate
• Morocco Special Rate
• NAFTA for Mexico: Duty-free treatment for imports from Mexico.
• Oman Special Rate
• Dominican Republic-Central American Special Rate (DR-CAFTA)
• Peru Special Rate
• Singapore Special Rate

These special tariff preference programs aim to promote trade and economic development between countries by providing preferential treatment to certain goods based on specific trade agreements or economic partnerships.

Importing and Exporting US States

When it comes to importing and exporting goods classified under HS Code 29123010, the following US states are involved:

• West Virginia
• West Virginia
• West Virginia

These states are engaged in the trade of aromatic aldehyde-alcohols, either as importers or exporters.

HS Code 29123010 represents aromatic aldehyde-alcohols, which are widely used in the fragrance and flavor industry. This HS code has a bound / MFN duty rate of 5.5% and is measured in kilograms (KG). There are various special tariff preference programs available for imports of this product, providing duty-free or reduced-duty treatment based on the country of origin. Importing and exporting US states for HS Code 29123010 include West Virginia.