The HS Code 02023050: A Comprehensive Guide to Bovine Meat Cuts
Product Description: The HS Code 02023050 refers to bovine meat cuts that are boneless, not processed, and frozen. This code is further described in additional information under US note 3 to Chapter 2 of the Harmonized System.
Bound / MFN Duty Rate: The bound / MFN duty rate for this product is 4.4 cents per kilogram (KG). It is important to note that whenever 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.
Quantity Unit: The quantity unit for this product is kilograms (KG).
Special Tariff Preference Programs: There are several special tariff preference programs associated with the HS Code 02023050. These programs provide different rates or exemptions for specific countries. The programs applicable to this product are as follows:
- Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment. This includes countries such as A+, AU, BH, CA, CL, D, E*, IL, J, JO, MA, MX, OM, P, PE, and SG.
- Australia Special Rate: Australia has a special rate for this product.
- Bahrain Special Rate: Bahrain has a special rate for this product.
- NAFTA for Canada: Canada receives duty-free treatment under the North American Free Trade Agreement (NAFTA) for this product.
- Chile Special Rate: Chile has a special rate for this product.
- Africa Growth and Opportunity Act (AGOA): Certain countries receive duty-free treatment under the AGOA for this product.
- Certain countries or products excluded from CBI eligibility: There are certain countries or products that are excluded from eligibility under the Caribbean Basin Initiative (CBI).
- Israel Special Rate: Israel has a special rate for this product.
- Andean Trade Preference Act (ATPA): Certain countries receive duty-free treatment under the ATPA for this product.
- Jordan Special Rate: Jordan has a special rate for this product.
- Morocco Special Rate: Morocco has a special rate for this product.
- NAFTA for Mexico: Mexico receives duty-free treatment under NAFTA for this product.
- Oman Special Rate: Oman has a special rate for this product.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Certain countries receive duty-free treatment under the DR-CAFTA for this product.
- Peru Special Rate: Peru has a special rate for this product.
- Singapore Special Rate: Singapore has a special rate for this product.
Importing US States: The following US states import the product under the HS Code 02023050: District of Columbia, South Dakota, and Hawaii.
Exporting US States: The following US states export the product under the HS Code 02023050: Colorado, Hawaii, Iowa, Kansas, and Nebraska.
As you can see, the HS Code 02023050 plays a crucial role in classifying and identifying bovine meat cuts that are boneless, not processed, and frozen. Understanding this code and its associated information is essential for importers, exporters, and policymakers involved in international trade.
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