Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 04061074: A Comprehensive Guide to Fresh Cheese and Substitutes

If you are in the business of importing or exporting fresh cheese and substitutes, it is essential to understand the HS Code 04061074. This code denotes a specific category of products and provides valuable information about their description, duty rates, quantity units, and special tariff preference programs. In this article, we will delve into the details of HS Code 04061074 and explore its significance in international trade.

Product Description

The HS Code 04061074 refers to fresh cheese and substitutes with no more than 0.5% by weight of butterfat. The detailed description of this product can be found in Additional U.S. Note 23 to Chapter 4, excluding goods classified under GN15. This code is crucial for accurately identifying and categorizing these types of cheese in import and export documentation.

Bound / MFN Duty Rate

The bound duty rate for products falling under HS Code 04061074 is 10%. It's important to note 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. This principle ensures fair and equitable treatment in international trade.

Quantity Unit

The quantity unit for measuring fresh cheese and substitutes under HS Code 04061074 is kilograms (KG). This unit of measurement provides a standardized way to quantify the amount of product being imported or exported, facilitating accurate trade data recording and analysis.

Special Tariff Preference Programs

HS Code 04061074 is eligible for various special tariff preference programs, which can significantly impact the import/export costs and competitiveness of the product. Some of the notable programs include:

• A+ - Only imports from least-developed beneficiary developing countries are eligible for GSP (Generalized System of Preferences) under this subheading, entailing duty-free treatment.
• BH - Bahrain Special Rate provides duty-free treatment for imports falling under this HS code.
• CA - NAFTA (North American Free Trade Agreement) grants duty-free treatment for Canadian imports.
• CL - Chile Special Rate offers duty-free treatment for imports from Chile.
• D - Africa Growth and Opportunity Act (AGOA) provides duty-free treatment for eligible imports from beneficiary African countries.
• E - Caribbean Basin Initiative (CBI) offers duty-free treatment for imports from qualifying Caribbean countries.
• IL - Israel Special Rate provides duty-free treatment for imports from Israel.
• J - Andean Trade Preference Act (ATPA) grants duty-free treatment for imports from Andean countries.
• JO - Jordan Special Rate offers duty-free treatment for imports from Jordan.
• MA - Morocco Special Rate provides duty-free treatment for imports from Morocco.
• OM - Oman Special Rate offers duty-free treatment for imports from Oman.
• P - Dominican Republic-Central American Special Rate (DR-CAFTA) grants duty-free treatment for imports from participating countries.
• PE - Peru Special Rate provides duty-free treatment for imports from Peru.
• SG - Singapore Special Rate offers duty-free treatment for imports from Singapore.

Importing and Exporting US States

While not directly related to the HS Code 04061074, it is worth mentioning the importing and exporting states within the United States. In this case, Idaho is both an importing and exporting state for fresh cheese and substitutes. This information can be valuable for businesses looking to establish trade relationships or identify potential market opportunities within the United States.

understanding the HS Code 04061074 is crucial for anyone involved in the import and export of fresh cheese and substitutes. This code provides essential information about the product, duty rates, quantity units, and special tariff preference programs. By familiarizing yourself with this code, you can navigate international trade more effectively and make informed decisions for your business.