The HS Code 02073400 refers to fatty livers of ducks, geese, or guineas that are fresh or chilled. This code is used to classify and identify this specific product for trade and customs purposes. In this article, we will explore more details about this HS code, including its description, duty rates, quantity unit, and special tariff preference programs.
The product described by the HS Code 02073400 is the fatty livers of ducks, geese, or guineas. These livers are fresh or chilled, indicating that they have not been processed or frozen. Fatty livers are highly prized in culinary traditions around the world and are often used to make delicacies such as foie gras. This HS code helps in accurately categorizing and identifying these products for international trade.
The bound or MFN (Most Favored Nation) duty rate for the HS Code 02073400 is 17.6 cents per kilogram (KG). The bound duty rate signifies the maximum permissible rate that can be applied to imports of this product. However, countries may choose to lower their trade barriers or open up their markets, resulting in a lower duty rate for this HS code. It is important to note that any trade barrier reduction or market opening must be applied to the same goods or services from all trading partners.
The quantity unit for the HS Code 02073400 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight of goods being imported or exported. It helps in accurately calculating the customs duties and tariffs that may be applicable to a particular shipment of fatty livers of ducks, geese, or guineas.
The HS Code 02073400 is eligible for various special tariff preference programs. These programs provide specific benefits, such as duty-free treatment or special rates, to imports of this product from certain countries. The following are some of the special tariff preference programs applicable to the HS Code 02073400:
These special tariff preference programs aim to promote trade and economic development by providing favorable treatment to imports of fatty livers of ducks, geese, or guineas from specific countries or regions.
When it comes to the HS Code 02073400, the importing US state is South Dakota. This means that South Dakota receives shipments of fatty livers of ducks, geese, or guineas classified under this HS code. On the other hand, the exporting US states for this product include Iowa, Kansas, Missouri, Nebraska, North Carolina, Oklahoma, South Dakota, Arkansas, Alabama, Delaware, Georgia, Mississippi, South Carolina, and Virginia.
The HS Code 02073400 plays a crucial role in international trade, accurately identifying and categorizing fatty livers of ducks, geese, or guineas that are fresh or chilled. Understanding this code and its related information helps in facilitating smooth trade operations and ensuring compliance with customs regulations and duty rates.