Dried mushrooms of the genus Agaricus, classified under HS Code 07123120, refer to mushrooms that have been dried using methods other than air or sun drying. These mushrooms can be whole, cut, sliced, broken, or in powder form, but they must not be further prepared. Let's explore more about this HS Code and the relevant information associated with it.
The product description of HS Code 07123120 specifies that it includes mushrooms of the genus Agaricus that have been dried using methods other than air or sun drying. The mushrooms can be in various forms such as whole, cut, sliced, broken, or in powder form. It is important to note that the mushrooms should not undergo any further preparation beyond the drying process.
The bound / MFN (Most Favored Nation) duty rate for HS Code 07123120 is 1.9 cents/kg plus 2.6%. This means that when importing dried mushrooms of the genus Agaricus under this HS Code, a duty rate of 1.9 cents per kilogram is applied, along with an additional 2.6% of the total value of the goods. It is worth mentioning that the duty rate can vary depending on the country's trade policies.
Furthermore, according to the principle of non-discrimination in international trade, every time 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. This principle ensures fair and equal treatment for all trading partners.
The quantity unit for HS Code 07123120 is kilograms (KG). This means that the measurement and pricing of the dried mushrooms of the genus Agaricus are based on the weight in kilograms.
Under various special tariff preference programs, certain countries enjoy preferential treatment when importing dried mushrooms of the genus Agaricus under HS Code 07123120. These special tariff preference programs allow for reduced or duty-free rates for eligible importing countries. Let's take a closer look at some of these programs:
When it comes to the importing and exporting of dried mushrooms of the genus Agaricus under HS Code 07123120, it is essential to consider the specific US states involved in the trade. The data provided does not mention any specific importing or exporting US states. However, it is important to note that the trade in dried mushrooms of the genus Agaricus can take place between various states within the United States.
HS Code 07123120 represents dried mushrooms of the genus Agaricus that have been dried using methods other than air or sun drying. These mushrooms can be in various forms, including whole, cut, sliced, broken, or in powder form. The associated duty rate, quantity unit, and special tariff preference programs provide valuable information for importers and exporters involved in the trade of these mushrooms. It is crucial to stay updated on the specific regulations and requirements related to this HS Code, as they may vary depending on the country and trade agreements in place.