Grapefruit is a citrus fruit that is known for its tangy and refreshing taste. It is a popular choice for breakfast or as a healthy snack due to its high vitamin C content. If you are interested in importing or exporting grapefruit, it is important to understand the HS code 08054080, which specifically refers to fresh or dried grapefruit that is entered during the period November 1 through the following July 31, inclusive.
The HS code system is an internationally recognized classification system for goods. It is used by customs authorities to identify and classify products for the purpose of assessing customs duties and other trade regulations. The HS code 08054080 is specifically assigned to grapefruit, ensuring that it can be easily identified and categorized during import or export processes.
When importing grapefruit under HS code 08054080, it is essential to be aware of the bound/MFN duty rate. In this case, the duty rate is 2.5 cents per kilogram (KG). This means that for every kilogram of grapefruit imported, a duty of 2.5 cents will be imposed. It is worth noting that this duty rate may change if a country lowers a trade barrier or opens up a market. In such cases, the same goods or services from all trading partners will be subject to the revised duty rate.
The quantity unit for grapefruit under HS code 08054080 is kilograms (KG). This ensures standardized measurement and facilitates accurate reporting and tracking of grapefruit imports or exports.
There are also special tariff preference programs available for grapefruit under this HS code. The following countries enjoy duty-free treatment: Canada (under NAFTA), Africa (under AGOA), the Caribbean Basin Initiative (CBI), Israel (under a special rate), the Andean Trade Preference Act (ATPA), Jordan (under a special rate), Mexico (under NAFTA), the Dominican Republic-Central American Special Rate (DR-CAFTA), and Peru (under a special rate). Other countries such as Australia (under a special rate), Morocco (under a special rate), Bahrain (under a special rate), Chile (under a special rate), Singapore (under a special rate), and Oman (under a special rate) have varying duty rates ranging from 0.7?/kg to 2?/kg.
If you are importing grapefruit under HS code 08054080 to the United States, it is important to note the importing US states. At the moment, only Delaware is listed as an importing state. This information is crucial for logistics and distribution purposes, ensuring that the grapefruit is delivered to the correct location.
Understanding HS code 08054080 is essential for anyone involved in the import or export of fresh or dried grapefruit. It helps to ensure compliance with customs regulations and facilitates smooth and efficient trade processes. Whether you are a grapefruit exporter or importer, being knowledgeable about the HS code system and the specific code for grapefruit will greatly benefit your business.