The HS Code 11042990 refers to grains of cereals other than barley, oats, or corn that have been hulled, pearled, clipped, sliced, kibbled, or otherwise worked, but not rolled or flaked. This code is used to classify and identify specific types of cereals for international trade purposes.
The product description for HS Code 11042990 includes grains of cereals that have undergone various forms of processing, such as hulling, pearling, clipping, slicing, kibbling, or other types of work. These processes help to remove the outer layers of the grains and prepare them for consumption or further processing.
However, it is important to note that this HS code specifically excludes grains that have been rolled or flaked. Rolled or flaked grains are classified under different HS codes, as they undergo a different process and have distinct characteristics.
The bound / MFN duty rate for HS Code 11042990 is 2.7%. This means that when a country lowers a trade barrier or opens up a market, it must apply this duty rate to the imported grains of cereals classified under this HS code. The bound duty rate ensures that the same goods or services from all trading partners are treated equally.
The quantity unit for HS Code 11042990 is kilograms (KG). This means that the weight of the grains of cereals, when imported or exported, is measured in kilograms. This unit of measurement allows for accurate and standardized trade transactions.
HS Code 11042990 is eligible for various special tariff preference programs. These programs provide specific trade benefits, such as duty-free treatment, to certain countries. The following countries and programs offer special rates for this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable treatment to certain products. Importers and exporters can take advantage of these programs to reduce their costs and enhance their competitiveness in the global market.
HS Code 11042990 is relevant for import and export transactions involving various US states. While the provided data only mentions Arkansas twice, it is important to note that this HS code can be applicable to any state in the United States.
Importing states refer to the states where the grains of cereals are being imported into the United States, while exporting states refer to the states from which the grains of cereals are being exported to other countries. The specific states involved in import and export transactions will vary depending on the trading partners and market demands.
It is essential for businesses and traders to be aware of the specific regulations, requirements, and market conditions related to HS Code 11042990 when conducting import or export activities involving grains of cereals other than barley, oats, or corn.