The HS Code 12113000 refers to Coca leaf that is specifically used in perfumery, pharmacy, or for insecticidal, fungicidal, or similar purposes. This code is used internationally to classify and categorize different products for the purpose of customs and trade.
The bound or most favored nation (MFN) duty rate for this product is free. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This encourages fair and equal trade practices.
The quantity unit for this product is kilograms (KG), which is the standard measurement used for international trade.
There are also special tariff preference programs available for the import of this product. The following countries have free trade agreements or special rates for HS Code 12113000:
These special tariff preference programs allow for reduced or duty-free treatment for HS Code 12113000 when imported from the listed countries.
When importing this product into the United States, it can be exported from any state. Similarly, when exporting this product from the United States, it can be imported into any state.
Overall, the HS Code 12113000 is used to classify and identify Coca leaf that is specifically used in perfumery, pharmacy, or for insecticidal purposes. The code helps in determining the customs duties and trade preferences for this product. Understanding the HS Code system is essential for international trade and import-export businesses.