The HS Code 07096040 refers to a specific category of products in international trade. In this case, it pertains to fruits of the genus capsicum (peppers) or genus pimenta (Allspice), which are fresh or chilled. This article aims to provide a comprehensive understanding of this HS code, including its description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states.
The product covered by the HS Code 07096040 includes fresh or chilled fruits of the genus capsicum, such as various types of peppers, excluding chili peppers. It also includes fruits of the genus pimenta, specifically Allspice. These fruits are typically consumed as a culinary ingredient for their flavor, aroma, and medicinal properties.
The bound duty rate for products under the HS Code 07096040 is 4.7 cents per kilogram (KG). The term "bound duty rate" refers to the maximum rate of customs duty that a country can impose on a specific product. The MFN (Most Favored Nation) duty rate ensures that when 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.
The quantity unit for products classified under HS Code 07096040 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of goods being imported or exported.
Several special tariff preference programs provide benefits for products falling under HS Code 07096040. These programs include:
The following US states have been listed as importers of products falling under HS Code 07096040:
The exporting US states for products classified under HS Code 07096040 have not been specified in the provided data.
the HS Code 07096040 covers fresh or chilled fruits of the genus capsicum (peppers) or genus pimenta (Allspice). It is essential for traders, importers, and exporters to understand the specific details, duty rates, and special tariff preference programs associated with this HS code to facilitate international trade effectively.