Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 16041940: Fish Sticks and Like Products

• Product description: Fish sticks and like products of any size or shape, fillets or other portions of fish, breaded, coated with batter, not cooked nor in oil
• Bound / MFN duty rate: 10%
• Quantity unit: kilograms (KG)
• Special tariff preference programs:

The HS Code 16041940 refers to fish sticks and like products made from fillets or other portions of fish that are breaded, coated with batter, but not yet cooked nor in oil. This code is used for the classification and identification of this specific product in international trade.

When importing fish sticks under the HS Code 16041940, a duty rate of 10% is applicable. This means that a 10% tax or tariff is imposed on the value of the imported fish sticks. It is important to note that this duty rate applies to all countries, as it is part of the most-favored-nation (MFN) principle. According to MFN, whenever 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 fish sticks and similar products is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported goods. It allows for accurate record-keeping and facilitates trade transactions.

In addition to the duty rate, there are special tariff preference programs available for fish sticks imported under HS Code 16041940. These programs provide certain countries with preferential treatment or exemptions from import duties. The specific programs applicable to fish sticks are as follows:

• Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading are granted duty-free treatment.
• Australia Special Rate: Fish sticks imported from Australia are subject to a special rate.
• Bahrain Special Rate: Fish sticks imported from Bahrain are subject to a special rate.
• NAFTA for Canada: Fish sticks imported from Canada under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
• Chile Special Rate: Fish sticks imported from Chile are subject to a special rate.
• Africa Growth and Opportunity Act (AGOA): Fish sticks imported from eligible African countries under AGOA receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Fish sticks imported from eligible Caribbean countries under CBI receive duty-free treatment.
• Israel Special Rate: Fish sticks imported from Israel are subject to a special rate.
• Andean Trade Preference Act (ATPA): Fish sticks imported from eligible Andean countries under ATPA receive duty-free treatment.
• Jordan Special Rate: Fish sticks imported from Jordan are subject to a special rate.
• Morocco Special Rate: Fish sticks imported from Morocco are subject to a special rate.
• NAFTA for Mexico: Fish sticks imported from Mexico under NAFTA receive duty-free treatment.
• Oman Special Rate: Fish sticks imported from Oman are subject to a special rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Fish sticks imported from eligible countries under DR-CAFTA receive duty-free treatment.
• Peru Special Rate: Fish sticks imported from Peru are subject to a special rate.
• Singapore Special Rate: Fish sticks imported from Singapore are subject to a 1.2% duty rate.

It is important for importers and exporters of fish sticks to be aware of these special tariff preference programs as they can significantly affect the cost of trade. Taking advantage of these programs can lead to cost savings and improved competitiveness in the market.