HS Code for Tetrahydrofurfuryl alcohol
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Introduction to Tetrahydrofurfuryl alcohol and its HS Code
Tetrahydrofurfuryl alcohol, also known as THFA, is a versatile organic compound widely used in various industrial applications. As a key player in the chemical industry, it’s essential to understand its classification within the international trade system. In this article, we’ll explore the HS Code for Tetrahydrofurfuryl alcohol and its significance in global commerce, with a focus on its uses as a solvent, chemical intermediate, and in resins.
Understanding HS Codes
Before delving into the specific HS Code for Tetrahydrofurfuryl alcohol, it’s important to understand what HS Codes are and their role in international trade. The Harmonized System (HS) is a standardized numerical method of classifying traded products. It is used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics.
HS Code for Tetrahydrofurfuryl alcohol
Tetrahydrofurfuryl alcohol is typically classified under HS Code 2932.13. This code falls under Chapter 29 of the HS, which covers organic chemicals. Specifically:
- Chapter 29: Organic chemicals
- Heading 2932: Heterocyclic compounds with oxygen hetero-atom(s) only
- Subheading 2932.13: Furfuryl alcohol and tetrahydrofurfuryl alcohol
Applications of Tetrahydrofurfuryl alcohol
Tetrahydrofurfuryl alcohol has numerous applications in various industries, primarily as a:
1. Solvent
THFA is an excellent solvent for many organic compounds and resins. Its unique properties make it valuable in industries such as:
- Pharmaceuticals: Used in the extraction and purification of drugs
- Agricultural chemicals: Assists in the formulation of pesticides and herbicides
- Printing inks: Enhances the flow and drying properties of inks
2. Chemical Intermediate
As a chemical intermediate, THFA is used in the synthesis of various compounds, including:
- Specialty polymers
- Fine chemicals
- Pharmaceutical intermediates
3. Resins
In the resin industry, THFA plays a crucial role in:
- Epoxy resins: Improving flexibility and adhesion properties
- Polyurethane resins: Enhancing durability and chemical resistance
- Specialty coating resins: Providing unique performance characteristics
Importance of Correct HS Code Classification
Proper classification of Tetrahydrofurfuryl alcohol under its correct HS Code is crucial for several reasons:
- Compliance with customs regulations
- Accurate duty and tax calculations
- Smooth international trade processes
- Proper handling and storage during transportation
How FreightAmigo Can Assist with HS Code Classification
At FreightAmigo, we understand the complexities of international trade, including the challenges of proper HS Code classification. Our digital logistics platform offers comprehensive solutions to support businesses dealing with chemicals like Tetrahydrofurfuryl alcohol:
- Expert guidance on HS Code classification
- Streamlined customs clearance processes
- Real-time shipment tracking for chemicals and other goods
- Competitive freight quotes for various transportation modes
- Integrated trade finance and cargo insurance options
By leveraging our advanced digital platform, businesses can ensure accurate HS Code classification for Tetrahydrofurfuryl alcohol and other chemical products, facilitating smoother international trade operations.
Conclusion
Understanding the HS Code for Tetrahydrofurfuryl alcohol (2932.13) is essential for businesses involved in its trade or use as a solvent, chemical intermediate, or in resins. Proper classification ensures compliance with international trade regulations and facilitates smoother customs processes. As the chemical industry continues to evolve, staying informed about HS Codes and leveraging digital logistics solutions like FreightAmigo can provide a significant competitive advantage in the global marketplace.
For businesses looking to optimize their chemical logistics and ensure accurate HS Code classification, FreightAmigo’s comprehensive digital platform offers the tools and expertise needed to navigate the complexities of international trade efficiently and effectively.
Reference/Source
FreightAmigo Services Limited, “Jewelry HS Code”, https://www.freightamigo.com/shipping-tips/jewelry-hs-code/