HS 294200 Sodium triacetoxyborohydride (CAS RN 56553-60-7)
Quick Answer: Sodium triacetoxyborohydride (CAS RN 56553-60-7) imported under HS 294200 enters the UK duty-free, the EU at 6.50% ad valorem, and the US at rates including 6.5% ad valorem and a specific duty of 15.4¢/kg + 46.5%. This HS code covers sodium triacetoxyborohydride, a chemical compound often used as a reducing agent in organic synthesis. Importers should be aware of the varying duty structures across major trading blocs. CustomTariffs aggregates this data, highlighting the importance of checking specific tariff lines for precise rates and potential trade preferences or restrictions.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 2942000020 | 0.00 % | — | — |
| 2942000010 | 0.00 % | — | — |
| 2942000090 | 0.00 % | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 2942000010 | 6.50 % | — | — |
| 2942000020 | 6.50 % | — | — |
| 2942000090 | 0.00 % | — | — |
🇺🇸 United States (HTSUS)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 2942000300 | Free | — | ["kg"] |
| 2942000500 | 6.5% | Free (18 programs) | ["kg"] |
| 2942001000 | 6.5% | Free (18 programs) | ["kg"] |
| 2942005000 | 3.7% | Free (18 programs) | ["kg"] |
| 294200 | — | — | — |
Special rates available under trade agreements including USMCA, KORUS, GSP.
Duty rates sourced from the USITC (US International Trade Commission) Harmonized Tariff Schedule (HTS) (accessed 2/22/2026), EU TARIC – DG TAXUD (Directorate-General for Taxation and Customs Union) (accessed 2/22/2026), and UK Trade Tariff – HMRC (His Majesty's Revenue and Customs) (accessed 2/22/2026).
Data compiled and presented by HSRates.
Which Trade Agreements Reduce Duties for HS 2942.00?
Imports of Sodium triacetoxyborohydride (CAS RN 56553-60-7) may qualify for reduced or zero duty rates under free trade agreements and preferential programs. The overview below shows available preferential arrangements by jurisdiction, compiled by HSRates from official tariff and trade agreement data.
United States (HTSUS)
Free for USMCA, KORUS, GSP, and 16 other programs
European Union (TARIC)
Preferential rate data not yet available.
United Kingdom
Preferential rate data not yet available.
Preferential rates require proof of origin and may be subject to quotas or conditions. Always verify eligibility with a licensed customs broker.
Data compiled by HSRates.
Which Preferential Rates Apply to Your Origin Country?
Select an origin country to see if preferential rates apply.
Preferential rates based on available trade agreements. Actual rates may vary.
How Has Trade Volume Developed?
Trade Volume 2023
How to Classify This HS Code?
What products does HS 294200 cover?
This subheading covers sodium triacetoxyborohydride (CAS RN 56553-60-7), a specific chemical compound classified under Heading 2942 of the Harmonized System nomenclature. According to the World Customs Organization (WCO) Explanatory Notes and national tariff schedules like the USITC Harmonized Tariff Schedule (HTS) and the EU TARIC, this entry is for the pure chemical substance itself, used primarily as a reducing agent in organic synthesis. Its unique chemical structure dictates its specific classification within the broader category of other organic compounds.
What falls outside HS 294200?
The following products are excluded from HS 294200: mixtures containing sodium triacetoxyborohydride where it is not the sole or principal active component, formulated reagents or kits for laboratory use that include this compound along with other substances, and any chemical compounds that, while similar in function, possess a different chemical structure. For instance, other borohydride reducing agents, such as sodium borohydride (HS 2850.00.0000), are classified separately and do not fall under this specific subheading.
What are common classification mistakes for HS 294200?
A common error is misclassifying formulated products or mixtures that contain sodium triacetoxyborohydride as the pure chemical substance. According to General Rule of Interpretation (GRI) 1, classification is determined by the terms of the heading and any relative section or chapter notes. If a product is a mixture or composite good, GRI 3 may apply, leading to classification under a different heading based on essential character or the material giving it its essential character, rather than solely on the presence of sodium triacetoxyborohydride.
How should importers classify products under HS 294200?
The correct procedure for classifying products under HS 294200 involves a thorough review of the product's exact chemical composition and intended use. Importers and customs brokers must consult the official tariff schedule of the importing country, such as the USITC HTS or the UK Trade Tariff, and verify the CAS number (56553-60-7) against the product's documentation. If the product is the pure chemical substance sodium triacetoxyborohydride, then HS 294200 is appropriate; otherwise, further analysis based on GRI rules is required.
How is the duty calculated for products under HS 294200?
A shipment of 10 kilograms of sodium triacetoxyborohydride declared at a customs value of $5,000 USD would attract a US duty of $250.00. This is calculated using the U.S. Most Favored Nation (MFN) duty rate of 5.0% ad valorem (5.0% × $5,000 USD = $250.00), as published in the USITC Harmonized Tariff Schedule. This calculation assumes no other duties or taxes apply and that the product is not eligible for any preferential duty rates.
Which trade agreements reduce duties for HS 294200?
Several free trade agreements may reduce the applicable duty rate for HS 294200, including the United States-Mexico-Canada Agreement (USMCA), which can result in a duty rate of Free for qualifying goods originating from Canada or Mexico. Additionally, the Generalized System of Preferences (GSP) may offer reduced or Free duty rates for eligible products from certain developing countries. To claim these preferences, a valid origin declaration or certificate, such as a USMCA certification of origin or a GSP Form A, is typically required by the importing country's customs authority.
```Which HS Codes Are Related?
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FAQ
What are the typical import duty rates for Sodium triacetoxyborohydride (CAS RN 56553-60-7) under HS code 294200?
The duty rates for HS code 294200, which covers 'Other organic compounds', vary significantly by importing country. For example, under the United States Harmonized Tariff Schedule (US HTS), the Most Favored Nation (MFN) duty rate is 6.5% ad valorem. In the European Union, under the TARIC system, the rate is often 0.00% ad valorem for many trading partners, but can be higher for others. The UK Trade Tariff also shows varying rates, with a standard rate of 6.5% ad valorem. It is crucial to consult the specific tariff schedule of the destination country for the most accurate and up-to-date duty information.
How is the duty calculated for Sodium triacetoxyborohydride if it has a specific duty component like '15.4¢/kg + 46.5%'?
When a duty rate includes both a specific component (per unit of weight or volume) and an ad valorem component (based on value), the total duty is the sum of both. For instance, if a country applies a rate of '15.4¢/kg + 46.5% ad valorem' and you import 100 kg of Sodium triacetoxyborohydride valued at $1,000 USD (equivalent to 100,000 cents), the duty calculation would be: (100 kg * 15.4¢/kg) + (46.5% of $1,000 USD). This equals 1540¢ + (0.465 * 100,000¢) = 1540¢ + 46,500¢ = 48,040¢, or $480.40 USD. Always ensure the currency and units (kg, lb, etc.) are precisely matched to the tariff schedule.
What documentation is typically required for importing Sodium triacetoxyborohydride (CAS RN 56553-60-7) under HS code 294200?
Standard import documentation for chemicals like Sodium triacetoxyborohydride under HS code 294200 generally includes a commercial invoice, a packing list, and a bill of lading or air waybill. Depending on the importing country's regulations and the chemical's properties, a Safety Data Sheet (SDS) is often required. Some jurisdictions may also request a Certificate of Analysis (CoA) to verify the chemical's composition and purity. Importers should verify specific requirements with the customs authorities of the destination country, as additional permits or declarations might be necessary, especially if the substance is regulated for health, safety, or environmental reasons.
Are there preferential duty rates available for Sodium triacetoxyborohydride (CAS RN 56553-60-7) under trade agreements?
Yes, preferential duty rates can significantly reduce or eliminate duties for Sodium triacetoxyborohydride (CAS RN 56553-60-7) under various free trade agreements (FTAs). For example, goods originating from countries that are signatories to the USMCA (United States-Mexico-Canada Agreement) may benefit from reduced or zero tariffs. Similarly, goods imported into the EU from countries with an Association Agreement or a specific FTA might qualify for preferential treatment under the EU TARIC system. To claim preferential treatment, importers must provide proof of origin, typically through a Certificate of Origin or a declaration on the invoice, as stipulated by the specific trade agreement. Always verify the origin criteria and documentation requirements for the relevant FTA.
What are the classification criteria for Sodium triacetoxyborohydride (CAS RN 56553-60-7) to ensure it falls under HS code 294200?
Sodium triacetoxyborohydride (CAS RN 56553-60-7) is classified under HS code 294200 ('Other organic compounds') because it is a distinct organic chemical compound that does not fit into any more specific headings within Chapter 29 of the Harmonized System. Chapter 29 covers 'Organic Chemicals'. Heading 2942 is a residual category for organic compounds not elsewhere specified. Key classification criteria include its chemical structure (a sodium salt of a triacetoxyborohydride anion) and its function as a reducing agent in organic synthesis. Importers must ensure the product is indeed Sodium triacetoxyborohydride and not a mixture or a related compound that might be classified elsewhere. Consulting the Explanatory Notes to the Harmonized System and the specific national tariff's general rules for interpretation (GRIs) is essential for correct classification.