Dried potatoes are a versatile and convenient ingredient that can be used in a variety of dishes. Whether you're making mashed potatoes, potato soup, or even potato chips, dried potatoes provide a convenient alternative to fresh potatoes. This article will explore the HS Code 07129030, which specifically refers to dried potatoes that are not further prepared.
The HS Code 07129030 is used to classify dried potatoes in international trade. It provides a standardized way to identify and categorize these products, making it easier for countries to track imports and exports. The code consists of a six-digit number, with each digit representing a specific category of products.
According to the product description, the HS Code 07129030 refers to dried potatoes that have been cut or sliced but are not further prepared. This means that the potatoes have undergone a drying process but have not been processed into other potato products such as flakes or powder. They are typically sold in their dried form and can be rehydrated before use.
The bound / MFN (Most Favored Nation) duty rate for dried potatoes under the HS Code 07129030 is 2.3 cents per kilogram. This means that countries must apply this duty rate when importing dried potatoes from other countries. However, it's important to note that this duty rate may vary depending on the specific trade agreements and preferences between countries.
In addition to the bound / MFN duty rate, there are also special tariff preference programs that may apply to dried potatoes under the HS Code 07129030. These programs provide certain countries with preferential treatment, such as duty-free access to the market. Some of the special tariff preference programs applicable to dried potatoes include the Generalized System of Preferences (GSP), NAFTA (North American Free Trade Agreement), and the Andean Trade Preference Act (ATPA).
For example, countries such as Australia, Canada, Chile, Israel, Mexico, Peru, and Singapore offer duty-free treatment for dried potatoes under the HS Code 07129030. This means that importers from these countries can benefit from lower or zero duty rates when importing dried potatoes into the United States.
When it comes to importing dried potatoes under the HS Code 07129030, it's important to consider the quantity unit, which is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the volume or weight of products being imported or exported.
the HS Code 07129030 is used to classify dried potatoes that are not further prepared. It provides a standardized way to identify and categorize these products in international trade. Importers and exporters should be aware of the bound / MFN duty rate, as well as the special tariff preference programs that may apply to dried potatoes under this HS Code. By understanding these regulations and preferences, businesses can navigate the global market for dried potatoes more efficiently.