Blue-veined cheese, specifically excluding Roquefort or Stilton, that is grated or powdered falls under the HS Code 04062024. This code is used to classify and identify this specific type of cheese when it is imported or exported. Understanding the HS Code is essential for international trade and customs purposes.
The specific product description for this HS Code is important in determining the type of cheese that falls under this classification. In this case, it refers to blue-veined cheese that is grated or powdered. It is worth noting that Roquefort or Stilton cheeses are excluded from this HS Code.
When importing or exporting this product, it is necessary to be aware of the bound / MFN duty rate. The bound duty rate for this HS Code is 20%. The MFN (Most Favored Nation) duty rate refers to the rate applied to imports from all trading partners. This means 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. Therefore, the duty rate remains consistent at 20% for this product.
The quantity unit for this HS Code is kilograms (KG). This means that the weight of the product will be measured and calculated in kilograms when it is imported or exported.
There are also various special tariff preference programs that apply to this HS Code. These programs provide specific benefits and exemptions for imports from certain countries. For this HS Code, the following special tariff preference programs apply:
Each special tariff preference program provides specific benefits and exemptions for imports under this HS Code. For example, imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment. Other special tariff preference programs such as NAFTA (North American Free Trade Agreement) for Canada, Chile Special Rate, Africa Growth and Opportunity Act (AGOA), Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Morocco Special Rate, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), Peru Special Rate, and Singapore Special Rate also offer duty-free treatment for imports under this HS Code.
In terms of importing and exporting this product, it is important to consider the specific US states involved. The importing US states and exporting US states play a role in the trade and transportation of this product. The data provided does not specify the specific US states involved, but it is worth noting that the trade and distribution of this product may vary depending on the states involved.
Understanding the HS Code 04062024 is crucial for importers, exporters, and customs officials. It helps in accurately classifying and identifying blue-veined cheese (except Roquefort or Stilton), grated or powdered, and ensures compliance with trade regulations and tariff preferences. Being aware of the special tariff preference programs and the bound / MFN duty rate allows businesses to make informed decisions and take advantage of any available trade benefits.