The HS Code 11042200 refers to grains of oats that have been hulled, pearled, clipped, sliced, kibbled, or otherwise worked, but not rolled or flaked. This code is used to classify and categorize these specific types of oats for international trade purposes.
When it comes to international trade, it is crucial to have a standardized system for classifying goods. The Harmonized System (HS) is an internationally recognized system used to classify products and assign them a unique HS code. This system is maintained by the World Customs Organization (WCO) and is used by countries around the world to facilitate trade and collect accurate trade statistics.
The HS Code 11042200 specifically relates to oats that have undergone various processing methods. These oats have been hulled, which means the outer husk has been removed. They may also have been pearled, which involves removing the bran layer to create a smoother texture. Additionally, the oats may have been clipped, sliced, kibbled, or worked in some other way to modify their appearance or texture.
It is important to note that the oats included in this HS code have not been rolled or flaked. Rolled oats are created by steaming and then flattening the grains, while flaked oats are produced by pressing the grains between large rollers. These processing methods create different types of oats that are classified under separate HS codes.
When it comes to importing or exporting oats classified under HS Code 11042200, it is essential to understand the applicable duty rates. The bound or Most Favored Nation (MFN) duty rate for these oats is 0.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for oats classified under HS Code 11042200 is kilograms (KG). This unit of measurement is used to determine the weight of the oats being imported or exported.
In some cases, special tariff preference programs may apply to oats classified under HS Code 11042200. These programs provide certain countries with preferential treatment in terms of duty rates. For example, the following countries or regions offer duty-free treatment for these oats:
When importing oats classified under HS Code 11042200 into the United States, the exporting states can vary. However, two examples of exporting states are Arkansas and Arkansas.
Overall, the HS Code 11042200 is used to identify and classify grains of oats that have undergone specific processing methods but have not been rolled or flaked. This code plays a crucial role in international trade by facilitating the accurate classification of goods and determining applicable duty rates. Understanding the details and implications of this HS code is essential for businesses and individuals involved in the import and export of oats.