Origanum, a popular herb known for its aromatic and culinary uses, is classified under HS Code 09109940. This code is specifically assigned to Origanum products that are neither crude nor manufactured. In this article, we will delve into the details of this HS Code and explore the various aspects related to the import and export of Origanum.
The HS Code 09109940 encompasses all types of Origanum, excluding those in their crude state or any products that have undergone manufacturing processes. This code specifically identifies Origanum in its natural form, ready for consumption or further processing.
The bound / MFN (Most Favored Nation) duty rate for HS Code 09109940 is 3.4%. The MFN principle ensures that whenever a country reduces its trade barriers or opens up its market, it must do so for all its trading partners universally. Therefore, any country importing or exporting Origanum under this HS Code will be subject to a duty rate of 3.4%.
The quantity unit for Origanum traded under HS Code 09109940 is kilograms (KG). This unit is used to measure the weight of the product during import and export transactions.
Several special tariff preference programs offer benefits and exemptions for Origanum imports and exports under HS Code 09109940. These programs provide duty-free treatment or reduced rates to eligible countries. Here are some of the notable programs:
These special tariff preference programs aim to promote trade relations and provide economic advantages to specific countries, allowing them to import or export Origanum under favorable conditions.
HS Code 09109940 applies to Origanum trade not only in the international market but also within the United States. The code encompasses import and export transactions involving Origanum conducted by various states within the country.
Importing US states refer to those states within the United States that receive Origanum shipments under HS Code 09109940. These states may include major distribution centers or regions with a high demand for Origanum.
Exporting US states, on the other hand, are those states within the United States that produce and ship Origanum to international markets under HS Code 09109940. These states are known for their cultivation and export of high-quality Origanum products.
the HS Code 09109940 plays a vital role in regulating the import and export of Origanum worldwide. It ensures uniformity in trade barriers and offers special tariff preference programs to promote the growth of this industry. By understanding the details of this HS Code, importers, exporters, and traders can navigate the Origanum market more effectively.