The HS Code 33019050 refers to concentrates of essential oils and terpenic by-products of the deterpenation process of essential oils. It also includes aqueous distillates and solutions of essential oils. In this article, we will explore the details of this HS code and its significance in international trade.
Essential oils are highly concentrated plant extracts that are used in various industries, including cosmetics, perfumes, and aromatherapy. The deterpenation process involves removing terpenes, which are organic compounds found in essential oils. The resulting terpenic by-products are used in different applications, such as flavoring agents and fragrance additives.
The product description under HS Code 33019050 includes concentrates of essential oils, terpenic by-products of the deterpenation process, and aqueous distillates and solutions of essential oils. These products are typically in liquid form and are used for their aromatic and therapeutic properties.
The bound or most-favored-nation (MFN) duty rate for HS Code 33019050 is free. This means that every time a country lowers a trade barrier or opens up a market, it has to provide the same treatment for the same goods or services from all its trading partners. The free duty rate encourages international trade and ensures fairness among trading nations.
The quantity unit for HS Code 33019050 is kilograms (KG). This unit of measurement specifies the weight of the product being imported or exported. It helps in determining the cost, logistics, and regulatory requirements associated with the shipment of concentrates of essential oils and terpenic by-products.
Several special tariff preference programs provide duty-free treatment for imports under HS Code 33019050. These programs aim to promote trade and economic cooperation between specific countries and the United States. The countries eligible for duty-free treatment under various programs for this HS code include:
These special tariff preference programs aim to create favorable trade conditions and encourage economic development between the United States and the participating countries.
Under HS Code 33019050, the importing and exporting US state mentioned is Utah. This indicates that Utah is involved in the trade of concentrates of essential oils and terpenic by-products. It could either be an importing state that brings in these products from other countries or an exporting state that ships them to international markets.
HS Code 33019050 represents concentrates of essential oils and terpenic by-products, including aqueous distillates and solutions of essential oils. This HS code has a free bound or MFN duty rate and is associated with various special tariff preference programs. Understanding and complying with the regulations and trade preferences related to this HS code is essential for businesses involved in the import or export of these products.