Dried jelly fungi, scientifically known as Tremella spp, are a versatile and nutritious ingredient used in various culinary dishes around the world. This article aims to provide an extensive guide to the HS Code 07123300, covering its product description, duty rates, special tariff preference programs, and its importance in international trade.
HS Code 07123300 classifies dried jelly fungi in various forms, including whole, cut, sliced, broken, or in powder. However, it does not include any further preparation of the product. Tremella spp, commonly referred to as jelly fungi, are gelatinous mushrooms that belong to the Tremellaceae family. They are often used in soups, stir-fries, and desserts for their unique texture and nutritional benefits.
The bound or most-favored-nation (MFN) duty rate for HS Code 07123300 is 8.3%. The MFN principle 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 of its trading partners. This duty rate applies to the import of dried jelly fungi from any country, promoting fair and equal trade practices.
The quantity unit for HS Code 07123300 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of the imported or exported goods. It provides a standardized method for calculating the quantity of dried jelly fungi being traded between countries.
Several special tariff preference programs offer duty-free treatment for imports of dried jelly fungi classified under HS Code 07123300. These programs aim to promote trade and economic cooperation between specific countries. The following countries or regions currently enjoy special tariff preferences for this product:
These special tariff preference programs aim to reduce or eliminate import duties, making it more economically feasible for countries to engage in trade of dried jelly fungi.
HS Code 07123300 enables the import and export of dried jelly fungi between various US states. The specific states involved in the import and export of this product may vary depending on market demand, availability, and regional preferences.
HS Code 07123300 encompasses the import and export of dried jelly fungi, providing a standardized classification for this versatile ingredient. Understanding the product description, duty rates, special tariff preference programs, and the involved US states is crucial for international traders and businesses in the food industry.