The Harmonized System (HS) code 04052060 refers to a specific category of dairy spreads. These spreads fall under Chapter 4 additional US note 1, subject to quota pursuant to Chapter 4 additional US note 10. This article aims to provide an extensive understanding of HS code 04052060, including its product description, duty rates, quantity unit, special tariff preference programs, and information regarding the importing and exporting US states.
The product description of HS code 04052060 is "Other dairy spreads of a type provided in Chapter 4 additional US note 1." This code encompasses a specific type of dairy spread that falls under the regulations mentioned in the additional US note 1 of Chapter 4.
The bound or Most Favored Nation (MFN) duty rate for HS code 04052060 is 10%. The MFN principle states that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for HS code 04052060 is kilograms (KG). This unit is used to measure the weight of the imported or exported dairy spreads falling under this code.
HS code 04052060 qualifies for various special tariff preference programs. These programs offer preferential treatment in terms of duty rates. The following are the special tariff preference programs applicable to this HS code:
These programs vary in their eligibility criteria and provide duty-free treatment or special rates for imports from specific countries or regions.
HS code 04052060 is imported and exported by various US states. The following states engage in the import and export of dairy spreads falling under this HS code:
These states play a significant role in the trade of dairy spreads and contribute to the overall import and export statistics for HS code 04052060.
HS code 04052060 represents other dairy spreads falling under Chapter 4 additional US note 1. It carries a 10% bound or MFN duty rate and is measured in kilograms. Special tariff preference programs offer various benefits, such as duty-free treatment, for imports falling under this code. The importing and exporting US states for HS code 04052060 include Idaho, New Mexico, and Nevada.