Introduction:
In this article, we will explore the details and various aspects of HS Code 11029030, which refers to cereal flours nesi mixed together. We will discuss the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Product Description:
HS Code 11029030 is specifically assigned to cereal flours nesi, mixed together. This code is used to classify and identify this particular product for international trade purposes. Cereal flours are finely ground powders made from various grains such as wheat, corn, rice, oats, and barley. The term "nesi" indicates that these cereal flours are mixed together, providing a blend of different grains.
Duty Rates:
The bound or most-favored-nation (MFN) duty rate for HS Code 11029030 is 12.8%. 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 is a percentage of the product's value and is imposed as a tax on imported goods.
Quantity Unit:
The quantity unit for HS Code 11029030 is kilograms (KG). This unit of measurement is commonly used to quantify the weight of goods during international trade transactions. It provides a standardized measurement that allows for accurate tracking and documentation of the product's quantity.
Special Tariff Preference Programs:
HS Code 11029030 is eligible for several special tariff preference programs. These programs offer reduced or duty-free treatment for certain countries or regions. The specific programs and rates applicable to this HS code are as follows:
Importing US States:
HS Code 11029030 is imported by various states within the United States. One of the prominent states involved in the import of this product is Arkansas. Arkansas has recognized the demand for cereal flours nesi mixed together and actively engages in importing this product to cater to its local market needs.
Exporting US States:
As the data provided does not include information on exporting US states, we are unable to specify the states involved in exporting HS Code 11029030. However, it is important to note that the United States may export this product to different countries based on market demand and trade relationships.
Conclusion:
HS Code 11029030 represents cereal flours nesi, mixed together. This product falls under the category of food preparations and is subject to a bound duty rate of 12.8%. However, certain countries and regions enjoy special tariff preference programs, allowing for duty-free or reduced duty treatment. The quantity unit for this HS code is kilograms (KG). Importing US states, such as Arkansas, actively engage in the import of this product to meet local market demands. Understanding the details and implications of HS Code 11029030 ensures efficient international trade operations and compliance with customs regulations.