Poppy straw, classified under HS Code 12114000, refers to a specific type of plant material derived from the opium poppy plant (Papaver somniferum). It is primarily used in various industries such as perfumery, pharmacy, and for insecticidal or fungicidal purposes. In this article, we will delve into the details of this product, its import/export regulations, and special tariff preference programs associated with it.
The product description for HS Code 12114000 is "Poppy straw, of a kind used in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes." This classification specifically refers to the dried plant material obtained from the poppy plant, which contains essential oils and other compounds that are valued for their fragrance, medicinal properties, and pest control abilities.
The bound / MFN (Most Favored Nation) duty rate for HS Code 12114000 is free. This means that countries importing or exporting this product are not required to pay any customs duty or tariffs. The principle of MFN treatment ensures that when 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 HS Code 12114000 is measured in kilograms (KG). This measurement standard is used to determine the weight of the poppy straw being imported or exported.
Several special tariff preference programs offer free or preferential treatment for the import/export of HS Code 12114000. These programs aim to promote trade and economic cooperation between countries. The following countries or regions provide specific rates or exemptions:
HS Code 12114000 can be imported into and exported from various states in the United States. The importing US states may include:
Similarly, the exporting US states may include:
These states may have specific regulations and requirements for the import and export of HS Code 12114000, and it is essential for businesses to comply with these regulations to ensure smooth trade operations.
HS Code 12114000 represents poppy straw used in perfumery, pharmacy, and insecticidal purposes. Understanding the product description, duty rates, and special tariff preference programs associated with this code is crucial for businesses involved in the import and export of poppy straw. Compliance with regulations and staying updated with any changes in trade policies is essential for successful international trade transactions.