The HS Code 03054200 represents a specific product category: smoked herrings, including fillets. This code is used to classify and track international trade of this particular type of product.
When it comes to import and export regulations, the HS Code plays a crucial role in ensuring compliance and facilitating trade. Let's explore some important details related to this HS Code.
The product described by HS Code 03054200 is smoked herrings, including fillets. Smoked herrings are a popular seafood product that undergoes a smoking process to enhance flavor and extend shelf life. Fillets refer to the boneless portions of the fish.
The bound / MFN (Most Favored Nation) duty rate for HS Code 03054200 is free. This means that there are no tariffs or duties imposed on the import or export of smoked herrings and fillets classified under this HS Code.
Trade barriers are reduced or eliminated through the principle of Most Favored Nation, which ensures that any trade barrier reduction or market opening applies equally to all trading partners. In the case of HS Code 03054200, this principle allows for free trade of smoked herrings and fillets among countries.
The quantity unit for HS Code 03054200 is kilograms (KG). This unit of measurement is used to determine the weight of the smoked herrings and fillets being imported or exported.
HS Code 03054200 is eligible for various special tariff preference programs, which provide certain countries with preferential treatment in terms of duty rates. These programs aim to promote trade and economic development. Here are some relevant programs and their details:
These special tariff preference programs allow eligible countries to import smoked herrings and fillets classified under HS Code 03054200 at reduced or duty-free rates, promoting trade and economic cooperation.
HS Code 03054200 applies to imports and exports of smoked herrings and fillets to and from various states within the United States. The specific importing and exporting states may vary depending on market demand and availability of the product.
It's important for traders and businesses involved in the import and export of smoked herrings and fillets to be aware of the specific regulations and requirements of the importing and exporting states. Compliance with these regulations is crucial for smooth trade operations.
HS Code 03054200 represents smoked herrings, including fillets. Understanding the details related to this HS Code, such as the product description, duty rates, special tariff preference programs, and importing/exporting states, is essential for businesses engaged in international trade of this product. Compliance with relevant regulations and taking advantage of preferential programs can contribute to the success of importers and exporters in this industry.