When it comes to international trade, it is essential to have a standardized system for classifying goods. The Harmonized System (HS) Code provides this classification for products traded across borders. In this article, we will explore the HS Code 16041930, which corresponds to prepared or preserved fish, nesi, whole or in pieces, but not minced, in airtight containers, in oil.
The HS Code 16041930 specifically refers to fish that has been prepared or preserved in airtight containers, with the fish being either whole or in pieces. However, it is important to note that this code does not cover minced fish. Additionally, the fish in question must be preserved in oil.
One of the key aspects of the HS Code is the duty rate imposed on imported goods. For HS Code 16041930, the bound and most-favored-nation (MFN) duty rate is 4%. The MFN duty rate ensures that when a country lowers a trade barrier or opens up a market, it applies the same treatment to all its trading partners for the same goods or services. This promotes fairness and equal treatment in international trade.
The quantity unit for HS Code 16041930 is kilograms (KG). This unit of measurement allows for consistency and ease of trade when dealing with the import and export of prepared or preserved fish.
Special tariff preference programs can also apply to HS Code 16041930. These programs aim to promote economic development and foster trade relationships between countries. For this HS Code, several countries have special tariff rates or duty-free treatment. These countries include:
These special tariff preference programs aim to reduce or eliminate import duties for qualified goods, encouraging trade and economic cooperation between countries.
When it comes to the importing and exporting of goods, it is vital to consider the specific states involved. In the case of HS Code 16041930, the importing and exporting states within the United States are not specified. The code applies to the overall trade of prepared or preserved fish in oil, regardless of the specific states involved.
the HS Code 16041930 is a classification used for prepared or preserved fish, nesi, whole or in pieces, but not minced, in airtight containers, in oil. It carries a duty rate of 4% and is measured in kilograms. Several countries also offer special tariff preference programs for this HS Code, promoting trade relationships and economic cooperation. Understanding and using HS Codes is essential for conducting international trade smoothly and efficiently.