Milk and cream are staple products in the food industry, used in a variety of recipes and consumed in various forms around the world. However, the transportation and storage of liquid dairy products can be challenging, especially when considering long distances and shelf life. To address these challenges, manufacturers have developed milk and cream in powdered or other solid forms, which not only provide convenience but also extend the product's shelf life.
The HS Code 04021005 specifically refers to milk and cream that have been concentrated or sweetened, available in powder, granules, or other solid forms. These products have a fat content by weight not exceeding 1.5% and are subject to GN15 regulations.
One essential aspect to consider when importing or exporting goods is the duty rate. The bound or most favored nation (MFN) duty rate for HS Code 04021005 is 3.3 cents per kilogram (KG). The MFN duty rate ensures 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 promotes fair and equitable trade practices.
The quantity unit for HS Code 04021005 is kilograms (KG). This standardized unit allows for accurate measurement and facilitates international trade transactions.
Several special tariff preference programs apply to imports of milk and cream under HS Code 04021005. These programs provide certain countries or regions with preferential treatment, including duty-free entry. The following are some notable preference programs:
When it comes to importing milk and cream under HS Code 04021005 to the United States, there are specific states that are actively involved in the trade. These states are:
These states likely have established infrastructure and facilities to handle and distribute milk and cream products efficiently.
HS Code 04021005 covers milk and cream that have been concentrated or sweetened and are available in powder, granules, or other solid forms. This HS code is subject to a 3.3 cents/kg duty rate and is eligible for various special tariff preference programs, including duty-free treatment for specific countries and regions. Importing US states such as Idaho and New Mexico play a significant role in the trade of these products. The availability of milk and cream in powdered or solid forms provides convenience and extends the shelf life of these essential dairy products.