The HS Code 33012910 represents essential oils of eucalyptus, which are widely used in various industries and have numerous beneficial properties. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states.
The HS Code 33012910 specifically refers to essential oils derived from eucalyptus. Eucalyptus essential oil is obtained through the steam distillation of the leaves and twigs of the eucalyptus tree, scientifically known as Eucalyptus globulus. This oil is known for its refreshing, invigorating aroma and numerous therapeutic benefits.
Eucalyptus essential oil is widely used in aromatherapy, personal care products, pharmaceuticals, and the fragrance industry. It is known for its antiseptic, anti-inflammatory, and decongestant properties, making it an essential ingredient in products such as inhalers, chest rubs, and skincare formulations.
The bound or most-favored-nation (MFN) duty rate for HS Code 33012910 is 1.8%. The MFN duty rate is the standard rate applied to imports unless a country has negotiated a lower rate through a preferential trade agreement or tariff preference program.
It is important to note that duty rates can change based on international trade agreements and policies. Therefore, it is advisable to consult the latest customs regulations and tariff schedules for accurate information regarding duty rates.
The quantity unit for HS Code 33012910 is kilograms (KG). This unit of measurement indicates the weight of the essential oils being imported or exported. It is crucial for accurate documentation and pricing purposes.
HS Code 33012910 is eligible for various special tariff preference programs, providing certain countries with favorable trade conditions. These programs allow for reduced or duty-free treatment for imports of essential oils of eucalyptus. Some of the programs applicable to this HS code include:
These special tariff preference programs aim to promote trade and economic cooperation between countries, facilitating the import and export of essential oils of eucalyptus at favorable rates.
When it comes to the United States, HS Code 33012910 has been imported and exported from the state of Utah. Utah serves as a significant hub for the trade of essential oils, including eucalyptus oil.
The importing and exporting states play a crucial role in facilitating trade and ensuring the availability of essential oils of eucalyptus within the country.
HS Code 33012910 represents essential oils of eucalyptus, a versatile and valuable product with various applications. Understanding the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states, is essential for businesses involved in the trade of eucalyptus essential oil. Stay updated with the latest customs regulations and trade agreements to ensure compliance and optimize trade opportunities.