Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 03061300: Shrimps and Prawns, Cooked or Uncooked, Dried, Salted or in Brine, Frozen

The HS Code 03061300 refers to a specific category of seafood products, namely shrimps and prawns. These products can be either cooked or uncooked, and they can be found in various forms such as dried, salted, or in brine. Additionally, they are frozen to ensure their freshness and preservation during transportation and storage.

When it comes to trade, the concept of bound and MFN (Most Favored Nation) duty rates is crucial. Bound duty rate refers to the maximum tariff rate that a country can impose on a particular product. In the case of HS Code 03061300, the bound duty rate is free. This means that no import duty is levied on shrimps and prawns falling under this HS code.

Moreover, the principle of MFN states 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. This ensures fairness and equal treatment among trading nations.

The quantity unit for measuring shrimps and prawns under HS Code 03061300 is kilograms (KG). This unit is commonly used in international trade to standardize the measurement of goods, facilitating accurate calculations and comparisons.

Furthermore, there are special tariff preference programs in place that provide additional benefits for importing shrimps and prawns under HS Code 03061300. These programs include:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible countries.
• Australia Special Rate: Offers a special rate for imports from Australia.
• Bahrain Special Rate: Offers a special rate for imports from Bahrain.
• NAFTA for Canada: Provides duty-free treatment under the North American Free Trade Agreement (NAFTA) for imports from Canada.
• Chile Special Rate: Offers a special rate for imports from Chile.
• Caribbean Basin Initiative (CBI): Provides special rates for imports from eligible Caribbean countries.
• Israel Special Rate: Offers duty-free treatment for imports from Israel.
• Andean Trade Preference Act (ATPA): Provides preferences for imports from eligible Andean countries.
• Jordan Special Rate: Offers a special rate for imports from Jordan.
• Morocco Special Rate: Provides a special rate for imports from Morocco.
• NAFTA for Mexico: Provides duty-free treatment under NAFTA for imports from Mexico.
• Oman Special Rate: Offers a special rate for imports from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Provides special rates for imports from eligible countries in the Dominican Republic-Central America Free Trade Agreement.
• Peru Special Rate: Offers a special rate for imports from Peru.
• Singapore Special Rate: Provides a special rate for imports from Singapore.

When it comes to importing shrimps and prawns under HS Code 03061300 into the United States, the state of Massachusetts is one of the key destinations. It is important to note that this information is subject to change, and it is always advisable to consult the latest trade data and regulations before engaging in any import activities.

HS Code 03061300 encompasses a wide range of shrimps and prawns that can be cooked or uncooked, dried, salted, or in brine. These products are frozen to maintain their quality during transportation and storage. The bound duty rate for this HS code is free, and there are additional benefits available through special tariff preference programs. The quantity unit used for measuring these products is kilograms (KG). Importers, especially those targeting the state of Massachusetts in the United States, can leverage the advantages provided by these trade regulations to facilitate their business operations.