HS Code 07081020: Peas, fresh or chilled, shelled or unshelled
Peas are a popular vegetable that is enjoyed worldwide for its taste, nutritional value, and versatility in various culinary dishes. They are a rich source of vitamins, minerals, and fiber, making them a healthy addition to any diet. In this article, we will explore the HS Code 07081020, which specifically refers to fresh or chilled peas, whether shelled or unshelled, when imported into the United States.
The HS Code 07081020 is a harmonized system code that is used internationally to classify and categorize products for customs and trade purposes. It provides a standardized method for identifying and classifying goods, ensuring consistency and efficiency in global trade. By using the HS code, customs officials and traders can easily determine the nature of the product being imported or exported.
When importing fresh or chilled peas, whether shelled or unshelled, into the United States, the HS Code 07081020 is applicable. This code specifies the product description, which helps in identifying and classifying the item accurately. The code also provides information about the quantity unit, which, in this case, is kilograms (KG). This unit indicates the weight of the peas being imported or exported.
One essential aspect of the HS Code 07081020 is the bound or Most Favored Nation (MFN) duty rate associated with it. The bound duty rate is the maximum rate of duty that can be applied to the imported product. In the case of fresh or chilled peas, the bound duty rate is 0.5 cents/kg. This means that for every kilogram of peas imported, a duty of 0.5 cents will be levied.
It is important to note that the duty rate can vary based on trade agreements and special tariff preference programs. In the case of HS Code 07081020, there are several special tariff preference programs applicable, which provide certain countries with duty-free treatment. These countries include Australia (A*), Bahrain (BH), Canada (CA) under NAFTA, Chile (CL), European Union (E), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX) under NAFTA, Oman (OM), Peru (P), Singapore (SG), and others.
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties. By offering duty-free treatment, importing countries can encourage increased trade and benefit from the goods or services available in these partner countries.
In terms of importing into the United States, specific states may have a higher demand for fresh or chilled peas. For example, Arizona is one of the states that frequently imports peas under the HS Code 07081020. This information can be useful for both traders and consumers who are interested in understanding the market dynamics and preferences for peas in different regions.
the HS Code 07081020 pertains to fresh or chilled peas, whether shelled or unshelled, when imported into the United States. This code helps in identifying, classifying, and determining the duty rates for the product. Special tariff preference programs and trade agreements also play a significant role in providing duty-free treatment to certain countries. By understanding the HS code and its associated information, importers, exporters, and consumers can navigate the international trade landscape more effectively.
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