The HS Code 02012006 represents a specific category of products: Bovine meat cuts with bone in, which are not processed and are either fresh or chilled. This HS Code is further described in general note 15 of the Harmonized Tariff Schedule (HTS).
When it comes to international trade, countries often impose duties on imported goods to protect their domestic industries. The Bound or Most Favored Nation (MFN) duty rate for HS Code 02012006 is 4.4 cents per kilogram (KG). This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 02012006 is kilograms (KG). This unit of measurement is used to determine the weight of the imported bovine meat cuts with bone in.
There are also special tariff preference programs that affect the importation of products under HS Code 02012006. These programs allow certain countries to import the goods at a reduced or duty-free rate. The following countries are eligible for special tariff preferences for this HS Code:
These countries enjoy special rates or duty-free treatment when importing bovine meat cuts with bone in under HS Code 02012006. However, it is important to note that certain conditions or exclusions may apply depending on the specific trade agreement or program.
In the context of the United States, the importing and exporting of products under HS Code 02012006 can occur between different states within the country. This means that bovine meat cuts with bone in can be transported and traded between various states in the US.
Overall, HS Code 02012006 pertains to the importation and exportation of fresh or chilled bovine meat cuts with bone in. It is crucial for importers, exporters, and traders to be aware of the relevant duties, tariff preference programs, and trade regulations associated with this HS Code to ensure smooth and compliant international trade transactions.