Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 07115990: Truffles, provisionally preserved but unsuitable in that state for immediate consumption

The HS Code 07115990 refers to truffles that are provisionally preserved but are not suitable for immediate consumption. This code is used to classify and regulate the international trade of this specific product.

Truffles are a type of fungi that are highly valued for their unique flavor and aroma. They are often used in gourmet and high-end culinary preparations, making them a sought-after ingredient in the food industry. Due to their delicate nature, truffles need to be preserved in a specific way to maintain their quality and freshness.

The HS Code 07115990 helps customs authorities and traders to accurately identify and categorize truffles that have been provisionally preserved but are not ready for immediate consumption. This code ensures that the appropriate regulations and duties are applied when importing or exporting this product.

When it comes to international trade, countries often impose tariffs or duties on imported goods to protect domestic industries or generate revenue. The bound or most-favored nation (MFN) duty rate for truffles with the HS Code 07115990 is 7.7%. 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.

The quantity unit for truffles under the HS Code 07115990 is kilograms (KG). This standard unit of measurement allows for consistency and accuracy when trading this product internationally.

There are also special tariff preference programs that provide certain countries with benefits or exemptions from import duties for truffles classified under the HS Code 07115990. Some of these programs include:

• Generalized System of Preferences (GSP): This program offers duty-free treatment for eligible countries.
• Australia Special Rate: Australia has a specific tariff rate for truffles under this code.
• Bahrain Special Rate: Bahrain has a specific tariff rate for truffles under this code.
• NAFTA for Canada: Truffles imported from Canada under this code receive duty-free treatment.
• Chile Special Rate: Chile has a specific tariff rate for truffles under this code.
• Caribbean Basin Initiative (CBI): This program offers duty-free treatment for eligible countries in the Caribbean region.
• Israel Special Rate: Israel has duty-free treatment for truffles under this code.
• Andean Trade Preference Act (ATPA): This program offers duty-free treatment for eligible countries in the Andean region.
• Jordan Special Rate: Jordan has a specific tariff rate for truffles under this code.
• Morocco Special Rate: Morocco has a specific tariff rate for truffles under this code.
• NAFTA for Mexico: Truffles imported from Mexico under this code receive duty-free treatment.
• Oman Special Rate: Oman has a specific tariff rate for truffles under this code.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program offers duty-free treatment for eligible countries in the Dominican Republic and Central America.
• Peru Special Rate: Peru has a specific tariff rate for truffles under this code.
• Singapore Special Rate: Singapore has a specific tariff rate for truffles under this code.

When importing truffles with the HS Code 07115990 into the United States, it is important to consider the specific regulations and requirements of the exporting country. Similarly, exporters from the United States should be aware of the regulations and requirements of the importing country to ensure smooth and compliant trade.

The HS Code 07115990 plays a crucial role in facilitating international trade of truffles that are provisionally preserved but unsuitable for immediate consumption. It helps ensure proper classification, regulation, and duty application for this valuable and sought-after product.