When it comes to international trade, it is essential to have a standardized system of classification for products. The Harmonized System (HS) Code is a globally recognized code that helps in identifying and categorizing different goods. In this article, we will delve into the details of HS Code 06021000, which refers to unrooted cuttings and slips of live plants.
Unrooted cuttings and slips of live plants are an important part of the horticultural industry. These are commonly used for propagation purposes, where new plants are grown from these cuttings without the need for seeds. This method is widely practiced in the cultivation of various ornamental plants, fruit trees, and even vegetables.
The HS Code 06021000 specifically covers the import and export of unrooted cuttings and slips of live plants. It is important to note that this code is used by customs authorities to accurately classify and track these products during international trade.
When importing or exporting goods under HS Code 06021000, it is crucial to be aware of the associated duties and tariff preferences. The bound or most-favored-nation (MFN) duty rate for this code is 4.8%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
However, there are special tariff preference programs available for this HS Code. Under these programs, certain countries are granted preferential treatment or duty-free access. The countries that offer special tariff preference for unrooted cuttings and slips of live plants under HS Code 06021000 include:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. Importers and exporters should take advantage of these programs to reduce costs and enhance competitiveness in the global market.
When it comes to quantity unit, the HS Code 06021000 uses the measurement "number" (NO) to indicate the quantity of unrooted cuttings and slips of live plants being imported or exported. This unit helps in accurately determining the quantity of these products during customs clearance.
HS Code 06021000 plays a crucial role in the international trade of unrooted cuttings and slips of live plants. It provides a standardized classification system, helps in determining the associated duties and tariff preferences, and facilitates smooth customs clearance. Importers and exporters should familiarize themselves with this code and the special tariff preference programs available to leverage the benefits they offer.