The HS Code 02012050 refers to bovine meat cuts with bone in that are not processed and are either fresh or chilled. The description of the product can be found in additional US Note 3 to Chapter 2 of the Harmonized System (HS) classification.
When it comes to trade barriers and market openings, the bound or most favored nation (MFN) duty rate for this product 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 this HS Code is kilograms (KG), which is the standard unit of measurement for determining the weight of the imported bovine meat cuts.
There are several special tariff preference programs that apply to imports of bovine meat cuts with the HS Code 02012050. These programs provide specific benefits or exemptions from duties for certain countries. The following countries enjoy special tariff rates or duty-free treatment for this product:
These countries have specific agreements or arrangements with the United States that allow for preferential treatment of imports of bovine meat cuts with bone in under the HS Code 02012050.
It is important to note that not all countries or products are eligible for these special tariff preference programs. Some countries or products may be excluded from certain programs. For example, only imports from least-developed beneficiary developing countries are eligible for duty-free treatment under the Generalized System of Preferences (GSP) for this subheading. Additionally, certain countries or products may be excluded from eligibility under the Caribbean Basin Initiative (CBI).
When importing bovine meat cuts with bone in under the HS Code 02012050, it is also essential to consider the exporting and importing US states. The specific regulations, requirements, and documentation may vary depending on the states involved in the trade transaction.
the HS Code 02012050 pertains to bovine meat cuts with bone in that are not processed and are fresh or chilled. It is important to be aware of the bound or MFN duty rate, as well as the special tariff preference programs that may apply to imports of this product. Understanding the regulations and requirements related to exporting and importing US states is also crucial for successful trade transactions involving this HS Code.
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