The HS Code 06049960 refers to foliage, branches, parts of plants, and grasses that are suitable for bouquets or ornamental purposes. These products are specifically dyed, impregnated, or otherwise prepared to enhance their visual appeal and suitability for decorative use.
When it comes to international trade, the HS Code is an essential tool for classifying goods. It is a standardized system used globally to ensure uniformity and consistency in trade documentation and customs procedures. The HS Code 06049960 helps in identifying and categorizing these specific types of foliage and plant materials.
One important aspect to consider in international trade is the duty rate associated with the HS Code. In the case of HS Code 06049960, the bound/MFN (Most Favored Nation) duty rate is 7%. 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. This duty rate applies to the import of foliage, branches, parts of plants, and grasses under this HS Code.
It is worth noting that the quantity unit for this HS Code is "no units collected (X)". This indicates that the quantity of these products is not measured or collected in a specific unit. The unit value is not applicable for this particular HS Code.
There are also special tariff preference programs associated with the HS Code 06049960. These programs provide certain countries with preferential treatment or exemptions from import duties. The following countries enjoy free tariff preferences for this HS Code:
These special tariff preference programs allow eligible countries to import foliage, branches, parts of plants, and grasses under this HS Code without paying import duties or with reduced duty rates.
Importing and exporting of products under the HS Code 06049960 can occur between various US states. The specific importing and exporting US states will vary depending on the trade activities and demand for these decorative plant materials.
the HS Code 06049960 is used to classify foliage, branches, parts of plants, and grasses suitable for bouquets or ornamental purposes. It helps in facilitating international trade by providing a standardized identification system. The bound/MFN duty rate for this HS Code is 7%, and there are special tariff preference programs that offer duty-free treatment or reduced duty rates for eligible countries. Importing and exporting of these products can occur between different US states, depending on market demand and trade activities.