HS Code 02012002: High-Quality Beef Cuts with Bone In

The HS Code 02012002 refers to high-quality beef cuts with bone in that are processed, fresh, or chilled. This product is described in general note 15 of the Harmonized Tariff Schedule (HTS). It is important to understand the details and implications of this HS code for importers and exporters.

Product Description

The product covered by HS Code 02012002 includes beef cuts with bone in. These cuts are of high quality and can be processed, fresh, or chilled. The specific details of these beef cuts can be found in general note 15 of the HTS.

Bound / MFN Duty Rate

The bound / most-favored-nation (MFN) duty rate for HS Code 02012002 is 4%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. Importers should consider this duty rate when calculating the cost of importing high-quality beef cuts with bone in.

Quantity Unit

The quantity unit for HS Code 02012002 is kilograms (KG). This means that the weight of the high-quality beef cuts with bone in should be measured and reported in kilograms when importing or exporting.

Special Tariff Preference Programs

There are several special tariff preference programs that offer different treatment for imports of HS Code 02012002. These programs include:

Free Trade Agreement (FTA) with Australia (duty-free treatment)
Free Trade Agreement (FTA) with Bahrain (duty-free treatment)
North American Free Trade Agreement (NAFTA) for Canada (duty-free treatment)
Free Trade Agreement (FTA) with Chile (duty-free treatment)
Africa Growth and Opportunity Act (AGOA) (duty-free treatment)
Certain countries or products excluded from Caribbean Basin Initiative (CBI) eligibility
Free Trade Agreement (FTA) with Israel (duty-free treatment)
Andean Trade Preference Act (ATPA)
Free Trade Agreement (FTA) with Jordan (duty-free treatment)
Free Trade Agreement (FTA) with Morocco (duty-free treatment)
North American Free Trade Agreement (NAFTA) for Mexico
Free Trade Agreement (FTA) with Oman (duty-free treatment)
Dominican Republic-Central American Free Trade Agreement (DR-CAFTA)
Free Trade Agreement (FTA) with Peru (duty-free treatment)
Free Trade Agreement (FTA) with Singapore (duty-free treatment)

Importers and exporters should be aware of these special tariff preference programs and assess their eligibility and benefits when trading high-quality beef cuts with bone in.

Importing US States

HS Code 02012002 allows importation of high-quality beef cuts with bone in into various states in the United States. The specific states and their respective import regulations should be considered when planning importation.

Exporting US States

HS Code 02012002 enables the exportation of high-quality beef cuts with bone in from various states in the United States. Exporters should be familiar with the regulations and requirements of the exporting states when shipping these products.

HS Code 02012002 covers high-quality beef cuts with bone in. Importers and exporters should understand the product description, duty rates, quantity unit, special tariff preference programs, and the specific regulations of importing and exporting US states. By having a comprehensive understanding of this HS code, businesses can navigate the international trade of high-quality beef cuts with bone in more effectively.