Apricot, peach (other than nectarine), or plum stones and kernels used primarily for human consumption fall under HS Code 12129930. This HS code is specific to these products and is used for trade and customs purposes.
The bound or Most Favored Nation (MFN) duty rate for HS Code 12129930 is 1.5 cents per kilogram (KG). The MFN duty rate ensures that whenever 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 promotes fair and equal trade among nations.
The quantity unit for HS Code 12129930 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the apricot, peach, or plum stones and kernels being imported or exported.
There are also special tariff preference programs available for imports of apricot, peach, or plum stones and kernels under HS Code 12129930. These programs allow for certain benefits and exemptions in terms of customs duties and taxes. Some of the special tariff preference programs applicable to this HS code are:
When importing apricot, peach, or plum stones and kernels under HS Code 12129930 to the United States, it is important to consider the exporting US states. The specific states from where the products are being exported can have implications for trade regulations, transportation, and logistics.
Overall, HS Code 12129930 categorizes apricot, peach, and plum stones and kernels used primarily for human consumption. It provides a standardized classification for these products in international trade, ensuring consistency and transparency. The associated duty rates and special tariff preference programs further influence the import and export of these goods, promoting fair trade practices and facilitating economic cooperation among countries.