Guavas, mangoes, and mangosteens are delicious tropical fruits that are enjoyed by people all around the world. If you are involved in the import or export of these fruits, it is important to understand the specific regulations and duties associated with them. In this article, we will explore the HS Code 08045040, which is used to classify these fresh fruits in international trade.
The HS Code 08045040 is specifically used to identify and classify guavas, mangoes, and mangosteens that are fresh and are entered into the country during the period of September 1 through May 31. This code ensures that these fruits are accurately identified and properly categorized for customs purposes.
The bound / MFN duty rate for the HS Code 08045040 is 6.6 cents per kilogram (KG). 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 duty rate is applied to the total weight of the imported fruits.
The quantity unit specified for the HS Code 08045040 is kilograms (KG). This is the standard unit of measurement used to measure the weight of the guavas, mangoes, and mangosteens being imported or exported. It is important to accurately measure the weight of the fruits to determine the applicable duty rate.
Several special tariff preference programs provide certain countries with preferential treatment for the importation of guavas, mangoes, and mangosteens under the HS Code 08045040. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved, while also providing benefits to importers and exporters in terms of reduced tariffs or duty-free treatment.
While the specific data does not provide information on the exporting US states, it is important to note that the HS Code 08045040 applies to imports into the United States. However, the exporting US states may vary depending on the availability and production of guavas, mangoes, and mangosteens.
Overall, the HS Code 08045040 plays a crucial role in the international trade of guavas, mangoes, and mangosteens. It helps customs authorities accurately identify and classify these fruits, determines the applicable duty rate, and provides access to special tariff preference programs. Importers and exporters should be familiar with this code and its associated regulations to ensure smooth and compliant trade transactions.