The HS Code 07108040 refers to tomatoes that are uncooked or cooked by steaming or boiling in water, and frozen. This code is applicable if the tomatoes are entered into the market between March 1 and July 14, or between September 1 and November 14. In this article, we will delve into the details of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs.
Under the HS Code 07108040, the product in question is tomatoes. These tomatoes can be in their raw form or cooked by steaming or boiling in water. Additionally, they must be frozen. This code specifically applies to tomatoes imported or exported during certain time periods, as mentioned earlier.
The bound / MFN (Most Favored Nation) duty rate for tomatoes under HS Code 07108040 is 2.9 cents per kilogram (KG). It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market. This principle ensures that any changes in trade regulations are implemented uniformly for all goods or services from trading partners.
The quantity unit specified for tomatoes under HS Code 07108040 is kilograms (KG). This unit is commonly used to measure the weight of various goods, including agricultural products like tomatoes.
The HS Code 07108040 is eligible for several special tariff preference programs. These programs offer preferential treatment in terms of duty rates for specific countries. Here is a list of the programs and the countries that enjoy these benefits:
These special tariff preference programs aim to promote trade and economic cooperation between countries. By offering reduced or duty-free rates, they encourage importers and exporters to engage in business activities with specific nations.
Tomatoes under HS Code 07108040 can be imported to and exported from various US states. The specific states involved in these trade activities may vary depending on market demand and supply. It is essential for importers and exporters to be aware of the regulations and requirements associated with their chosen states to ensure seamless trade operations.
the HS Code 07108040 pertains to frozen tomatoes that are either uncooked or cooked by steaming or boiling in water. This code is applicable during specific time periods and offers various tariff preference programs for eligible countries. By understanding the intricacies of this HS Code, importers and exporters can navigate the trade landscape more effectively and take advantage of the available benefits.