The HS Code 03054940 refers to smoked fish, including fillets, that are not Pacific, Atlantic or Danube salmon, herrings or mackerel. This code is used for the classification and identification of this particular product in international trade. It is essential for importers, exporters, and customs authorities to correctly identify and classify products using the appropriate HS code.
The bound or MFN (Most Favored Nation) duty rate for the HS Code 03054940 is free. This means that when 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. This encourages fair and equal trade practices among countries.
The quantity unit for the HS Code 03054940 is kilograms (KG). This unit of measurement is used to determine the quantity or weight of the smoked fish being imported or exported.
There are also special tariff preference programs available for the HS Code 03054940. These programs provide certain countries with preferential treatment or exemptions from import duties. The following countries are eligible for special tariff rates under various trade preference programs:
Additionally, specific countries have their own special rate under certain preference programs:
When importing smoked fish under the HS Code 03054940, it is important to consider the specific tariff preference programs that may apply based on the country of origin or destination. This can help importers take advantage of duty-free treatment or reduced tariff rates, promoting international trade and economic cooperation.
Importing and exporting of the HS Code 03054940 can occur between various US states. The specific states involved in the import and export of smoked fish may vary depending on market demand and availability of the product.
the HS Code 03054940 is used to classify and identify smoked fish, excluding certain types of salmon, herrings, and mackerel, in international trade. It is important for traders to correctly use this code for customs purposes. Additionally, there are special tariff preference programs available for this HS code, providing certain countries with duty-free treatment or reduced tariff rates. Understanding these programs can benefit importers and exporters in conducting international trade.