HS Code 32041935: Beta-carotene and other carotenoid coloring matter
Beta-carotene and other carotenoid coloring matter fall under the HS code 32041935. This code is used to classify and identify these specific types of coloring matter in international trade. Understanding the HS code system is crucial for importers, exporters, and customs officials to accurately identify and categorize products for trade purposes.
The HS code 32041935 specifically refers to beta-carotene and other carotenoid coloring matter. Beta-carotene is a pigment found in various fruits and vegetables, such as carrots, sweet potatoes, and spinach. It is a precursor of vitamin A and is known for its vibrant orange color. Other carotenoids, such as lycopene and lutein, are also included in this HS code.
Importing and exporting goods under this HS code may have specific regulations and requirements. It is important for businesses to be aware of these regulations to ensure smooth and compliant trade operations. For example, the bound/MFN duty rate for this HS code is 3.1%. 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.
The quantity unit for this HS code is kilograms (KG). This unit is used to measure the weight of the beta-carotene and other carotenoid coloring matter being imported or exported. Accurate measurement and documentation of the quantity are essential for customs clearance and trade statistics.
Certain countries offer special tariff preference programs for products classified under this HS code. These programs provide benefits such as duty-free treatment or special rates for importing and exporting these goods. Some of the countries that offer such programs include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central American region (under DR-CAFTA). These programs aim to promote trade and encourage economic cooperation between the participating countries.
When importing or exporting beta-carotene and other carotenoid coloring matter, it is important to consider the specific regulations and requirements of both the importing and exporting countries. Compliance with customs procedures, documentation, and any applicable quality standards is crucial for a successful trade transaction.
HS code 32041935 is used to classify and identify beta-carotene and other carotenoid coloring matter in international trade. This code helps to standardize product classification and ensures accurate trade statistics. Understanding the regulations and requirements associated with this HS code is essential for businesses engaged in the import and export of these products.
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