Green tea has been consumed for centuries due to its numerous health benefits and unique flavor. This article will provide an in-depth look at HS Code 09021010, which refers to green tea in packages not exceeding 3 kg and flavored.
HS Code 09021010 classifies green tea products based on their specific characteristics, allowing for easy identification and classification during international trade. This code is essential for customs authorities, importers, and exporters to ensure proper documentation and adherence to trade regulations.
Bound / MFN Duty Rate: The bound or Most Favored Nation (MFN) duty rate for HS Code 09021010 is 6.4%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate for the same goods or services from all its trading partners. The duty rate ensures fair trade practices and equal treatment among trading nations.
Quantity Unit: The quantity unit for HS Code 09021010 is kilograms (KG). This unit of measurement is used to determine the weight of the green tea packages being imported or exported. It helps in calculating shipping costs, determining customs fees, and ensuring accurate trade records.
Special Tariff Preference Programs: Several countries offer special tariff preference programs for green tea products classified under HS Code 09021010. These programs provide preferential treatment in terms of duty rates or duty-free treatment for eligible countries. The following countries have special tariff preference programs for green tea:
Importing US States: Green tea classified under HS Code 09021010 is imported into several US states. The following states are known for their import of green tea:
Exporting US States: While the data provided does not mention specific exporting US states, it is worth noting that Hawaii and Nevada have a significant presence in the tea industry. These states may also export green tea products classified under HS Code 09021010 to various international markets.
HS Code 09021010 represents green tea in packages not exceeding 3 kg and flavored. This code plays a vital role in international trade by facilitating proper classification, determining duty rates, and ensuring compliance with trade regulations. Understanding the associated tariff preference programs, importing US states, and potential exporting US states provides valuable insights for businesses and individuals involved in the green tea industry.