Fish is a widely consumed and highly nutritious food item. Among the various types of fish available, mackerel is a popular choice for its rich flavor and health benefits. Fillets of mackerel are particularly sought after due to their convenience and versatility in cooking. HS Code 03053040 refers to fillets of mackerel that are dried, salted, or preserved in brine, but not smoked, and are packed in immediate containers weighing 6.8 kg or less each.
When it comes to international trade, HS codes play a crucial role in identifying specific products and determining their import and export regulations. The HS code 03053040 ensures that the fillets of mackerel being traded adhere to the specified criteria and meet the required standards.
The Bound / MFN (Most Favored Nation) duty rate for HS Code 03053040 is 5%. 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 5% duty rate is applicable to the import of fillets of mackerel falling under this HS code.
The quantity unit for measuring the import and export of fillets of mackerel under HS Code 03053040 is kilograms (KG). This standard unit of measure ensures consistency and accuracy in trade transactions.
Fillets of mackerel falling under HS Code 03053040 are eligible for various special tariff preference programs, providing certain countries with preferential treatment in terms of duty rates. The following programs offer special rates or duty-free treatment for imports of fillets of mackerel:
These special tariff preference programs aim to promote economic development, enhance trade partnerships, and provide benefits to specific countries or regions.
HS Code 03053040 applies to the import and export of fillets of mackerel in the United States. Importing US states are those states that receive shipments of these fish products, while exporting US states are those states that produce and ship fillets of mackerel to other countries.
Understanding and correctly utilizing the HS code 03053040 is essential for importers, exporters, and regulatory authorities involved in the trade of fillets of mackerel. This code ensures proper classification, adherence to regulations, and the facilitation of smooth international trade.