HS Code 04062029: A Comprehensive Guide to Cheddar Cheese, Grated or Powdered
Cheddar cheese is a popular dairy product known for its rich and sharp flavor. It is widely used in various culinary applications, including sandwiches, burgers, pasta dishes, and salads. In this article, we will explore the details of HS Code 04062029, which specifically covers grated or powdered cheddar cheese.
HS Code 04062029 is a subcategory of HS Code 0406, which encompasses cheeses and curd. This code is used to classify cheddar cheese that has been grated or powdered, and it is subject to general note 15 of the Harmonized Tariff Schedule (HTS). General note 15 refers to the rule of origin for goods that undergo a specific process or transformation to qualify for preferential tariff treatment.
When importing or exporting grated or powdered cheddar cheese under HS Code 04062029, it is essential to consider the duty rates imposed by the respective countries. The bound or most-favored-nation (MFN) duty rate for this product is 16%. 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.
The quantity unit for grated or powdered cheddar cheese is kilograms (KG). This standard unit of measurement allows for easy calculation and comparison of quantities during international trade transactions.
One significant aspect to consider when importing grated or powdered cheddar cheese is the availability of special tariff preference programs. Fortunately, HS Code 04062029 is eligible for various tariff preference programs, resulting in either reduced or duty-free treatment. The following countries or regions offer special rates for imports of cheddar cheese under this HS Code category:
- A+ (least-developed beneficiary developing countries eligible for Generalized System of Preferences GSP)
- AU (Australia Special Rate)
- BH (Bahrain Special Rate)
- CA (NAFTA for Canada - duty-free treatment)
- CL (Chile Special Rate)
- D (Africa Growth and Opportunity Act (AGOA) - duty-free treatment)
- E (Caribbean Basin Initiative (CBI))
- IL (Israel Special Rate - duty-free treatment)
- J (Andean Trade Preference Act (ATPA))
- JO (Jordan Special Rate)
- MA (Morocco Special Rate)
- MX (NAFTA for Mexico)
- OM (Oman Special Rate)
- P (Dominican Republic-Central American Special Rate (DR-CAFTA))
- PE (Peru Special Rate)
- SG (Singapore Special Rate)
These special tariff preference programs aim to promote trade and economic development between the countries or regions involved. Importers and exporters should familiarize themselves with the specific requirements and conditions of each program to take advantage of the reduced or duty-free treatment.
When it comes to importing grated or powdered cheddar cheese under HS Code 04062029, it is crucial to consider the specific regulations and requirements of the importing and exporting US states. Each state may have its own set of rules governing the importation of food products, including cheddar cheese. It is recommended to consult with the relevant authorities or seek professional advice to ensure compliance with all applicable regulations.
HS Code 04062029 covers grated or powdered cheddar cheese and is subject to general note 15 of the HTS. Importers and exporters should be aware of the duty rates, quantity units, and special tariff preference programs associated with this HS Code category. By understanding and adhering to the relevant regulations, businesses can successfully navigate the international trade of grated or powdered cheddar cheese and seize opportunities for growth and profitability.
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