Cheese has been a staple in many cultures around the world for centuries. From the creamy and mild flavors of Romano and reggiano to the sharp and tangy taste of provolone and provoletti, there is a cheese for every palate. One such category of cheese made from cow's milk is grated or powdered, and it falls under the HS Code 04062053.
The HS Code, also known as the Harmonized System Code, is a globally recognized classification system for products traded internationally. It helps in simplifying the identification and categorization of goods for customs purposes. HS Code 04062053 specifically refers to cow's milk cheese that is grated or powdered, excluding those subject to Chapter 4 US Note 21 or General Note 15.
When it comes to international trade, tariffs and duty rates play a significant role in determining the cost of imported goods. For HS Code 04062053, the bound or most-favored-nation (MFN) duty rate stands at $2.146 per kilogram. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same cheese products from all its trading partners.
The quantity unit for HS Code 04062053 is kilograms (KG). This standard unit of measurement ensures consistency and accuracy in trade transactions involving cow's milk cheese.
Additionally, there are several special tariff preference programs that apply to HS Code 04062053. These programs offer specific benefits and exemptions to certain countries. Some examples include:
Each of these special tariff preference programs has its own set of conditions and requirements. However, they all aim to promote trade and strengthen economic ties between the participating countries.
Importing and exporting cow's milk cheese under HS Code 04062053 involves various US states. The importing US states may include those with a high demand for cheese products, such as California, New York, Wisconsin, and Texas. On the other hand, the exporting US states may vary depending on the location of cheese production facilities and the availability of cow's milk. States like Wisconsin, California, Vermont, and New York are known for their cheese-making traditions and can be significant exporters of HS Code 04062053 products.
HS Code 04062053 plays a crucial role in the international trade of cow's milk cheese. Its classification and associated tariff preference programs facilitate smooth and efficient cross-border transactions. Whether you're a cheese lover or a business involved in the cheese industry, understanding the HS Code and its implications can help you navigate the global marketplace more effectively.