HS Code 16042030: Fish balls, cakes and puddings
Fish balls, cakes, and puddings are popular food items made from fish, commonly enjoyed in various cuisines around the world. These products, classified under HS Code 16042030, are specifically described as not being in oil and not in immediate containers. Additionally, they should weigh with their contents not exceeding 6.8 kg each.
The Harmonized System (HS) Code is an internationally recognized standard for classifying traded products. It helps ensure uniformity in trade documentation, tariff rates, and other trade-related activities. HS codes are used by customs authorities and traders to identify and categorize products accurately.
Importing or exporting goods classified under HS Code 16042030 requires an understanding of the applicable tariffs, special tariff preference programs, and other relevant regulations. Let's explore these aspects in more detail.
Bound / MFN Duty Rate
The bound or most-favored-nation (MFN) duty rate for HS Code 16042030 is free. This means that every time 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. This principle promotes fairness and non-discrimination in international trade.
Quantity Unit
The quantity unit for HS Code 16042030 is kilograms (KG). This unit of measurement is used to determine the weight of the fish balls, cakes, and puddings being imported or exported.
Special Tariff Preference Programs
Several special tariff preference programs apply to HS Code 16042030. These programs allow certain countries to enjoy preferential tariff rates or duty-free treatment when trading these products with the United States. Here are the details:
- Free: Generalized System of Preferences (GSP) (duty-free treatment)
- Australia Special Rate
- Bahrain Special Rate
- NAFTA for Canada (duty-free treatment)
- Chile Special Rate
- Caribbean Basin Initiative (CBI)
- Israel Special Rate (duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
For example, under the GSP program, eligible developing countries can benefit from duty-free treatment when exporting fish balls, cakes, and puddings to the United States. Similarly, specific preferential rates apply to countries like Australia, Bahrain, Canada (under NAFTA), Chile, and others.
Importing and Exporting US States
HS Code 16042030 applies to fish balls, cakes, and puddings being imported into or exported from the United States. It is essential to adhere to the relevant regulations and requirements imposed by the US customs authorities when engaging in trade involving these products. Each state within the United States may have its own specific regulations and restrictions that importers and exporters must abide by.
HS Code 16042030 covers fish balls, cakes, and puddings that are not in oil and not in immediate containers, with a weight limit of 6.8 kg each. This code is used to classify and regulate the import and export of these food products globally. Understanding the applicable tariffs, special tariff preference programs, and other relevant regulations is crucial for traders involved in the international trade of fish balls, cakes, and puddings.
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