Yogurt, in dry form, is a popular dairy product that can be enjoyed in various ways. Whether flavored or containing added fruit or cocoa, this versatile product offers a convenient and long-lasting option for yogurt enthusiasts. In this article, we will delve into the details of HS Code 04031050, exploring its product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states.
HS Code 04031050 specifically refers to yogurt in dry form. This includes yogurt that may be flavored or contain added fruit or cocoa. It is important to note that this product is not subject to general note 15 or additional US note 10 to Chapter 4, indicating specific exemptions or regulations related to its import and export.
The bound and most favored nation (MFN) duty rate for HS Code 04031050 is $1.035 per kilogram (kg) plus 17%. It is crucial to understand that every time 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 fair and equal treatment in international trade.
The quantity unit for HS Code 04031050 is kilograms (kg). This unit of measurement helps in determining the weight of the yogurt in dry form during import and export processes. It provides a standardized approach for accurate calculations and efficient trade transactions.
Several countries have special tariff preference programs for yogurt in dry form, offering specific rates or exemptions. Here are some notable programs:
These special tariff preference programs aim to promote trade and foster economic cooperation between countries. By providing favorable rates or exemptions, they encourage the import and export of yogurt in dry form, benefiting both producers and consumers.
When it comes to yogurt in dry form, certain US states play a significant role in both importing and exporting. The following states are actively involved in trade related to HS Code 04031050:
These states serve as important hubs for the import and export of yogurt in dry form. They contribute to the economic growth and distribution of this product within the United States and internationally.
HS Code 04031050 encompasses yogurt in dry form, offering a wide range of possibilities for consumers and businesses alike. With its specific product description, duty rates, quantity units, special tariff preference programs, and involvement of various US states, this HS code plays a crucial role in facilitating the global trade of yogurt in dry form.