Analysis
HTS 2918.23.30 covers products described in additional U.S. note 3 to section VI under heading 2918 (carboxylic acids with additional oxygen function and their anhydrides, halides, peroxides…).
The general duty rate is 6.5% of the customs value, which is above most the rates in chapter 29 (83rd percentile of 1050 lines with an ad valorem rate). On a shipment valued at $10,000 that is $650 in duty before any Chapter 99 additions or preference claims.
Goods that qualify under GSP, the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, and 13 others can enter duty-free instead of paying 6.5%. It is also eligible under GSP, the developing-country programme, which Congress has to renew; check whether GSP is in force on the entry date.
The other lines in the same group are 2918.23.10 (salol (Phenyl salicylate) suitable for medicinal use, 6.5%), 2918.23.20 (odoriferous or flavoring compounds, 6.5%) and 2918.23.50 (other: other, 6.5%).
Census statistics map these goods to NAICS 325194 (Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing), an industry of 68 US establishments employing 5,542 people, the industry a domestic producer of these goods reports under.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 2918.23.10 | Salol (Phenyl salicylate) suitable for medicinal use | 6.5% |
| 2918.23.20 | Odoriferous or flavoring compounds | 6.5% |
| 2918.23.50 | Other: other | 6.5% |