Milk and cream are essential ingredients in various culinary creations worldwide. Whether it's used in baking, cooking, or enjoyed on its own, these dairy products are highly sought after. However, when it comes to international trade, specific regulations and codes, such as the HS Code 04029130, govern the importation of milk and cream in non-solid forms.
The HS Code 04029130 refers to concentrated milk and cream that is not sweetened and is not packed in airtight containers. Additionally, this code falls under US Note 11 to Chapter 4, which outlines specific conditions and requirements for importing countries.
When importing milk and cream under HS Code 04029130, it's essential to consider the bound or most-favored-nation (MFN) duty rate. Currently, the duty rate stands at 3.3 cents per kilogram (KG). This rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for all trading partners.
The quantity unit for imports under HS Code 04029130 is kilograms (KG). This standardized unit allows for easy measurement and calculation of import volumes, ensuring accurate trade data and customs valuation.
Importers can take advantage of special tariff preference programs for products falling under HS Code 04029130. These programs offer duty-free treatment to eligible countries, promoting fair trade and economic growth. The following programs provide special tariff preferences for milk and cream imports:
When it comes to milk and cream imports under HS Code 04029130, various states in the United States play a significant role in exporting and importing. As per available data, the following states are involved in this trade:
Importing US states:
These states serve as key players in the importation of milk and cream under HS Code 04029130, contributing to the supply and availability of these dairy products across the United States.
HS Code 04029130 governs the importation of concentrated milk and cream in non-solid forms. Importers must consider the bound duty rate, use the appropriate quantity unit (kilograms), and explore special tariff preference programs for duty-free treatment. With various states involved in this trade, milk and cream continue to be essential commodities in international commerce.