In the world of beauty and skincare, there are numerous products that help us enhance our natural beauty and take care of our skin. One such category of products is beauty or make-up preparations and preparations for the care of the skin. These products fall under the HS Code 33049950 and are an essential part of the beauty industry.
The HS Code 33049950 specifically refers to beauty or make-up preparations and preparations for the care of the skin, excluding medicaments but including sunscreen or sun tan preparations. This means that the code encompasses a wide range of products used for cosmetic purposes and skincare, such as moisturizers, serums, toners, foundations, lipsticks, and more.
The product description of HS Code 33049950 is "Beauty or make-up preparations & preparations for the care of the skin, excl. medicaments but incl. sunscreen or sun tan preparations, nesoi." This description provides a general overview of the products covered under this HS code.
The bound / MFN duty rate for HS Code 33049950 is free. This means that countries that import or export these beauty and skincare products do not have to pay any duties or taxes on them. The purpose of this duty-free treatment is to promote trade and ensure equal opportunities for all trading partners.
Whenever 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. This principle ensures fairness and prevents discrimination in international trade.
The quantity unit for HS Code 33049950 is stated as "no units collected (X)." This indicates that the quantity of these products is not measured in specific units but rather falls under the category of "X," which signifies a variable quantity.
HS Code 33049950 is eligible for various special tariff preference programs, which further promote trade and provide benefits to specific countries. The following are the special tariff preference programs applicable to this HS code:
These special tariff preference programs allow certain countries to enjoy reduced or duty-free rates when importing or exporting products under HS Code 33049950. This incentivizes trade and strengthens economic ties between participating countries.
Based on the available data, the following US states are known to import products under HS Code 33049950:
These states play a significant role in the importation of beauty and skincare products, catering to the demands of consumers who prioritize personal care and cosmetics.
Based on the available data, the following US states are known to export products under HS Code 33049950:
These states contribute to the global distribution of beauty and skincare products, showcasing the strength of the US beauty industry in meeting the demands of international markets.
HS Code 33049950 encompasses a wide range of beauty or make-up preparations and preparations for the care of the skin, excluding medicaments but including sunscreen or sun tan preparations. These products are essential in the beauty industry and are used to enhance natural beauty and maintain healthy skincare routines. The duty-free treatment, special tariff preference programs, and involvement of various US states in importing and exporting highlight the significance of this HS code in international trade and the global beauty market.