Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 16041660: Prepared or Preserved Anchovies - An In-depth Look

Anchovies are a popular and versatile ingredient in many cuisines around the world. Whether used as a topping on pizzas, added to pasta sauces, or included in salads, these small fish pack a punch of flavor. In this article, we will delve into the details of HS Code 16041660, which covers prepared or preserved anchovies, whole or in pieces, but not minced and not in oil.

Understanding the HS Code:

HS codes, also known as Harmonized System codes, are a standardized classification system used to classify and define traded goods internationally. Each HS code represents a specific product, allowing for seamless trade across borders. HS Code 16041660 specifically applies to prepared or preserved anchovies that are not minced and not in oil.

Bound / MFN Duty Rate:

The bound or Most Favored Nation (MFN) duty rate is the rate at which a country imposes import duties on a specific product. In the case of HS Code 16041660, the bound / MFN duty rate is free. This means that no import duties are applicable when importing prepared or preserved anchovies, whole or in pieces, not minced, and not in oil, regardless of the trading partner.

Quantity Unit:

The quantity unit for HS Code 16041660 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported anchovy products.

Special Tariff Preference Programs:

Several special tariff preference programs provide additional benefits for the importation of products classified under HS Code 16041660. These programs offer duty-free treatment or preferential rates for specific countries. The following countries enjoy these benefits:

• Generalized System of Preferences (GSP): Provides duty-free treatment for prepared or preserved anchovies for all trading partners.
• Australia Special Rate: Australia benefits from a special rate for imports of prepared or preserved anchovies.
• Bahrain Special Rate: Bahrain enjoys a special rate for imports of prepared or preserved anchovies.
• NAFTA for Canada: Canada benefits from duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Chile enjoys a special rate for imports of prepared or preserved anchovies.
• Caribbean Basin Initiative (CBI): Provides duty-free treatment for imports from eligible Caribbean countries.
• Israel Special Rate: Israel benefits from duty-free treatment for imports of prepared or preserved anchovies.
• Andean Trade Preference Act (ATPA): Provides preferential rates for imports from eligible Andean countries.
• Jordan Special Rate: Jordan enjoys a special rate for imports of prepared or preserved anchovies.
• Morocco Special Rate: Morocco benefits from a special rate for imports of prepared or preserved anchovies.
• NAFTA for Mexico: Mexico benefits from duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Oman Special Rate: Oman enjoys a special rate for imports of prepared or preserved anchovies.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Provides preferential rates for imports from eligible Central American countries and the Dominican Republic.
• Peru Special Rate: Peru enjoys a special rate for imports of prepared or preserved anchovies.
• Singapore Special Rate: Singapore benefits from a special rate for imports of prepared or preserved anchovies.

Importing and Exporting US States:

HS Code 16041660 allows for the import and export of prepared or preserved anchovies, whole or in pieces, not minced, and not in oil, between different states within the United States. The specific importing and exporting states may vary depending on the trade agreements and regulations in place.

HS Code 16041660 covers the import and export of prepared or preserved anchovies, providing a standardized classification for seamless international trade. Understanding the details of this HS code, including the bound / MFN duty rate, quantity unit, and special tariff preference programs, is essential for businesses and individuals involved in the importation or exportation of anchovy products.