HS Code 04021050 - Milk & Cream in Powder Granules/Other Solid Forms
Milk and cream in powder granules or other solid forms with a fat content by weight not exceeding 1.5% and whether or not sweetened, not elsewhere specified or included (nesi), falls under HS Code 04021050. This code is used to classify and identify this specific product for international trade purposes.
The Bound or Most Favored Nation (MFN) duty rate for this product is 86.5 cents per kilogram (kg). The Bound duty rate refers to the maximum tariff rate that a country can apply to imports of a particular product. It ensures 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.
The quantity unit for this product is kilograms (KG), which is the standard unit of measurement for international trade.
There are several special tariff preference programs applicable to this HS Code. Some of these programs include:
1. Free Trade Agreement with Jordan (JO) and Mexico (MX): Under these agreements, imports of milk and cream in powder granules/other solid forms with a fat content not exceeding 1.5% are duty-free.
2. Special Rate for Australia (AU): Australia has a specific tariff preference program for this product under HS Code 9913.04.15.
3. Special Rate for Bahrain (BH): Bahrain offers a special tariff rate for imports of this product under HS Code 9914.04.20-9914.04.21.
4. Special Rate for Chile (CL): Imports of milk and cream in powder granules/other solid forms with a fat content not exceeding 1.5% enjoy a special tariff rate under HS Code 9908.04.03 in Chile.
5. Duty-Free Treatment for Israel (IL): Israel provides duty-free treatment for this product under HS Code 9912.04.20-9912.04.21.
6. Special Rate for Morocco (MA): Morocco has a special tariff rate for imports of this product under HS Code 9916.04.20-9916.04.21.
7. Special Rate for Oman (OM): Imports of milk and cream in powder granules/other solid forms with a fat content not exceeding 1.5% have a special tariff rate in Oman under HS Code 9916.04.20-9916.04.21.
8. Special Rate for the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA): The DR-CAFTA offers a special tariff rate of 86.5 cents/kg for this product under HS Code 9915.04.20, 9915.04.21, and 9915.04.25.
9. Special Rate for Peru (PE): Peru provides a special tariff rate of 76.3 cents/kg for imports of this product under HS Code 991.
When importing milk and cream in powder granules/other solid forms with a fat content not exceeding 1.5% under HS Code 04021050 to the United States, the exporting states are Idaho and New Mexico.
HS Code 04021050 represents milk and cream in powder granules/other solid forms with a fat content not exceeding 1.5%. It is important to understand the specific HS code for a product when engaging in international trade as it determines the applicable duty rates and eligibility for special tariff preference programs.
More on HS code 04021050
