Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 04062049: A Comprehensive Guide to Romano, Reggiano, Provolone, Provoletti, Sbrinz, and Goya

When it comes to international trade, it is essential to have a standardized system to classify goods. The Harmonized System (HS) Code is an internationally recognized classification system used to classify products for customs and statistical purposes. In this article, we will explore HS Code 04062049, which pertains to various types of grated or powdered cheeses, including Romano, Reggiano, Provolone, Provoletti, Sbrinz, and Goya.

Product Description

HS Code 04062049 covers grated or powdered cheeses made from cow's milk. The specific types included under this code are Romano, Reggiano, Provolone, Provoletti, Sbrinz, and Goya. These cheeses are processed and prepared in a way that makes them suitable for grating or powdering.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 04062049 is 15%. This means that when a country reduces trade barriers or opens up its market, it must apply the same duty rate of 15% to these cheeses from all its trading partners. This ensures fairness and equal treatment in international trade.

Quantity Unit

The quantity unit for HS Code 04062049 is kilograms (KG). This means that the measurement and trading of these cheeses are based on their weight in kilograms.

Special Tariff Preference Programs

Several special tariff preference programs apply to imports of products classified under HS Code 04062049. These programs offer reduced or duty-free treatment for eligible countries. Here are the special tariff preference programs that apply:

• Free Trade Agreement (FTA) Countries: Imports from countries with which the United States has a free trade agreement, such as Australia (A+), Australia (AU), Bahrain (BH), Canada (CA), Chile (CL), Dominican Republic-Central America (DR-CAFTA), Israel (IL), Jordan (J), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), Singapore (SG), and others, are eligible for duty-free treatment under the respective agreements.
• Least-Developed Beneficiary Developing Countries: Imports from least-developed beneficiary developing countries are eligible for duty-free treatment under the Generalized System of Preferences (GSP) subheading.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible countries in sub-Saharan Africa are eligible for duty-free treatment under AGOA.
• Caribbean Basin Initiative (CBI): Imports from eligible countries in the Caribbean Basin region are eligible for duty-free treatment under CBI.

These special tariff preference programs aim to promote trade and economic development by offering favorable trade conditions for eligible countries.

Importing and Exporting US States

HS Code 04062049 applies to imports and exports of Romano, Reggiano, Provolone, Provoletti, Sbrinz, and Goya cheeses to and from various states within the United States. The specific importing and exporting states may vary depending on trade flows and market demand.

It is important for importers and exporters to be aware of the applicable HS Code, duty rates, and special tariff preference programs when conducting trade in these cheeses. Compliance with customs regulations and taking advantage of available trade benefits can contribute to successful and cost-effective international trade.

HS Code 04062049 covers grated or powdered cheeses, including Romano, Reggiano, Provolone, Provoletti, Sbrinz, and Goya. This article provided an extensive overview of the HS code, its product description, bound duty rate, quantity unit, special tariff preference programs, and importing/exporting states. Understanding the HS code and its implications is crucial for businesses engaged in international trade of these cheeses.