In today's globalized trade environment, understanding Harmonized System (HS) codes for various commodities has become increasingly crucial. Saturated ethane, classified under HS code 2901101000, stands as a vital organic compound in international commerce, particularly significant in the chemical industry and fuel sector.
With fluctuating market conditions and evolving tax policies across different nations regarding saturated ethane, access to accurate information has become paramount for businesses engaged in import-export operations. This comprehensive analysis examines the HS classification, tariff rates, and declaration requirements for saturated ethane to help industry professionals navigate the complex trade landscape.
Key Product Information
HS Code: 2901101000
Product Name: Saturated Ethane
Description: This product represents a saturated organic compound from the acyclic hydrocarbons category, widely used in fuel production and chemical manufacturing processes.
Code Status: Active
Last Update: April 6, 2025
Tariff Information
| Measurement Unit | Kilogram (kg) |
|---|---|
| Export Tax Rate | 0% |
| Export Rebate Rate | 13% |
| Value-Added Tax (VAT) | 13% |
| Most-Favored-Nation (MFN) Rate | 2% |
| General Import Tax Rate | 30% |
Declaration Requirements
Businesses must include the following elements when declaring saturated ethane shipments:
- Brand classification
- Export preferential treatment status
- Composition percentage
- Intended use
- Global Trade Item Number (GTIN)
- Chemical Abstracts Service (CAS) number
- Any additional relevant information
Regulatory Conditions
Currently, there are no special regulatory requirements for saturated ethane shipments.
Inspection and Quarantine
No specific inspection or quarantine notifications are required for this commodity.
Preferential Trade Agreements
Saturated ethane benefits from various preferential trade agreements with the following tariff rates:
- ASEAN countries: 0%
- South Korea: 0%
- Australia: 0%
- New Zealand: 0%
- Iceland: 0%
- Switzerland: 0%
- Most Southeast Asian nations maintain 0% rates, facilitating regional trade.
RCEP Agreement Rates
The Regional Comprehensive Economic Partnership agreement establishes these rates:
- Australia: 1.2%
- Singapore: 0%
- Vietnam: 0%
- Japan: 0%
- Malaysia, Thailand, and other participating nations: 0%
This comprehensive trade agreement aims to strengthen regional economic integration and interdependence.
HS Code Classification
Saturated ethane falls under these primary HS classification categories:
- Section VI: Products of the Chemical or Allied Industries
- Chapter 29: Organic Chemicals
- Heading 2901: Acyclic Hydrocarbons
- Subheading 290110: Saturated Acyclic Hydrocarbons
Conclusion
Saturated ethane maintains a critical position in international trade, particularly within the chemical and energy sectors. Comprehensive knowledge of its HS classification, applicable tariff rates, and declaration requirements provides import-export businesses with strategic advantages in today's competitive global marketplace. As trade policies continue to evolve, staying informed about these regulatory details will remain essential for maintaining compliance and optimizing trade operations.