What is the import duty for HS Code 1301.90.91.05?

The general duty rate for HS Code 1301.90.91.05 is 0%. Special rates may apply for countries with Free Trade Agreements.

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HARMONIZED SYSTEM CODE

HS Code 1301.90.91.05

General Duty Rate

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Official Classification

Balsams

🤖 AI Analysis

HS Code 1301.90.91.05 falls under the classification for balsams, which are natural resins obtained from various trees and plants. These substances are typically used in the fragrance industry for perfumes, in the production of cosmetics, and as flavoring agents in food and beverages. They also find applications in pharmaceuticals and traditional medicines. Importers should be aware that the general duty rate for products classified under this code varies, depending on the specific type of balsam and the country of origin. Understanding these duty rate implications is crucial for budgeting and pricing strategies, as they can significantly affect the overall cost of imported goods. It's advisable for businesses to consult with customs professionals to ensure compliance and optimize their import processes.

Unit of Measurement