Decision Sets Zero Import Duty for Terephthalic Acid and its Salts

Decision No. 21 of the EurAsian Economic Commission dated 23 April 2013, sets zero (0%) import duty on terephthalic acid and its salts for the period from 1 May 2013 until 30 April 2014, inclusive.

The code of terephthalic acid and its salts, according to the Customs Union Uniform Nomenclature of Goods in External Trade ("Customs Union TN VED"), is:

2917 36 000 0.

Terephthalic acid’s main use is a precursor to the polyesther PET, which is used to make clothing and plastic bottles.