HS Code 04063073: Processed Cheese Containing Edam or Gouda
Processed cheese is a popular food item enjoyed by people all over the world. It is made by blending natural cheese with other ingredients such as emulsifiers, stabilizers, and flavorings. One specific type of processed cheese is the one containing Edam or Gouda cheese.
HS Code 04063073 refers to processed cheese that is neither grated nor powdered and is specifically made from Edam or Gouda cheese. This code is used for classifying and identifying this particular product in international trade.
When importing or exporting this product, it is important to be aware of the specific requirements and regulations associated with HS Code 04063073. Let's explore some key information related to this code and its implications in international trade.
1. Product Description:
The product described by HS Code 04063073 is processed cheese made from Edam or Gouda cheese. It is important to note that this code does not include grated or powdered cheese. This distinction is important for customs and trade purposes.
2. Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for HS Code 04063073 is 10%. The MFN principle states 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. It ensures fair and equal treatment for all countries involved in international trade.
3. Quantity Unit:
The quantity unit for HS Code 04063073 is kilograms (KG). This unit is used to measure the weight of the processed cheese being imported or exported.
4. Special Tariff Preference Programs:
There are several special tariff preference programs applicable to imports of processed cheese under HS Code 04063073. These programs provide certain countries with preferential treatment, including duty-free or reduced duty rates. Some of the programs applicable to this HS code include:
- A+: Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
- BH: Bahrain Special Rate - Duty-free treatment.
- CA: NAFTA for Canada - Duty-free treatment.
- CL: Chile Special Rate - Duty-free treatment.
- D: Africa Growth and Opportunity Act (AGOA) - Duty-free treatment.
- E: Caribbean Basin Initiative (CBI) - Duty-free treatment.
- IL: Israel Special Rate - Duty-free treatment.
- J: Andean Trade Preference Act (ATPA) - Duty-free treatment.
- JO: Jordan Special Rate - Duty-free treatment.
- MA: Morocco Special Rate - Duty-free treatment.
- OM: Oman Special Rate - Duty-free treatment.
- P: Dominican Republic-Central American Special Rate (DR-CAFTA) - Duty-free treatment.
- PE: Peru Special Rate - Duty-free treatment.
- SG: Singapore Special Rate - Duty-free treatment.
5. Importing and Exporting US States:
HS Code 04063073 applies to processed cheese imports and exports from various US states. The specific states involved in the trade of this product may vary depending on market demand and supply. It is essential for importers and exporters to comply with all relevant regulations and requirements of the involved states.
HS Code 04063073 represents processed cheese made from Edam or Gouda cheese. This code enables international trade authorities to classify and identify this specific product. By understanding the details of this HS code, importers and exporters can ensure compliance with regulations, take advantage of tariff preference programs, and facilitate smooth trade transactions.
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