HS Code 12092991 - Seeds of Forage Plants for Sowing
Forage plants play a crucial role in livestock farming as they are used as feed for animals. The quality of forage greatly impacts the health and productivity of livestock. To ensure the availability of high-quality forage, it is essential to have access to good quality seeds. The HS code 12092991 specifically refers to seeds of forage plants used for sowing, which are not specified or included in any other category.
The HS code system is an internationally recognized system for classifying goods for customs purposes. It helps in standardizing the classification of products and facilitating international trade. The HS code 12092991 identifies and categorizes the specific type of seeds being imported or exported.
When it comes to trade barriers and market access, countries need to follow certain rules and regulations. The bound or MFN duty rate for HS code 12092991 is free. This means that every time a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This promotes fair and equal treatment for all countries involved in trade.
The quantity unit for HS code 12092991 is kilograms (KG). This unit of measurement helps in accurately quantifying the volume or weight of seeds being imported or exported.
There are also special tariff preference programs available for HS code 12092991. These programs allow certain countries to import or export goods at preferential tariff rates. For HS code 12092991, the following countries have special tariff rates or duty-free treatment:
- A+ (Least-developed beneficiary developing countries eligible for GSP under that subheading)
- AU (Australia)
- BH (Bahrain)
- CA (Canada under NAFTA)
- CL (Chile)
- D (Africa Growth and Opportunity Act (AGOA))
- E (Caribbean Basin Initiative (CBI))
- IL (Israel)
- J (Andean Trade Preference Act (ATPA))
- JO (Jordan)
- MA (Morocco)
- MX (Mexico under NAFTA)
- OM (Oman)
- P (Dominican Republic-Central American Special Rate (DR-CAFTA))
- PE (Peru)
- SG (Singapore)
These special tariff preference programs aim to promote trade and economic development by providing favorable conditions for certain countries.
In terms of importing, the following US states are known to import seeds of forage plants under HS code 12092991:
- Kansas
- North Dakota
- Idaho
On the other hand, the following US states are known to export seeds of forage plants under HS code 12092991:
These states play an important role in the trade of forage plant seeds, both as importers and exporters. The availability of high-quality forage seeds in these states contributes to the overall agricultural productivity and livestock industry.
the HS code 12092991 specifically identifies and categorizes seeds of forage plants used for sowing. It is important to have access to good quality seeds for the production of high-quality forage, which is essential for livestock farming. The bound or MFN duty rate for this HS code is free, promoting fair and equal treatment in trade. Additionally, there are special tariff preference programs available for certain countries, allowing them to import or export at preferential rates. The quantity unit for this HS code is kilograms (KG). The trade of seeds of forage plants under this HS code is significant in various US states, both as importers and exporters.
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