Cane sugar is a widely used sweetener and a key ingredient in various food and beverage products. In international trade, it is classified under the HS Code 17011105. This article aims to provide an extensive overview of the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code.
The HS Code 17011105 refers to raw cane sugar in solid form, without any added flavoring or coloring. This classification is subject to General Note 15 of the Harmonized Tariff Schedule (HTS). General Note 15 pertains to the rules of origin for products, outlining the conditions that must be met for goods to be considered originating from a particular country.
The bound or most-favored-nation (MFN) duty rate for HS Code 17011105 is 1.4606 cents per kilogram. Additionally, a reduction of 0.020668 cents per kilogram is applicable for each degree under 100 degrees Celsius. However, the duty rate should not fall below 0.943854 cents per kilogram. This means that the duty rate may vary based on the temperature at which the sugar is imported.
It is important to note that 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. This principle, known as the most-favored-nation principle, ensures non-discriminatory trade practices among countries.
The quantity unit for HS Code 17011105 is kilograms (KG). This unit of measurement is used to determine the weight of raw cane sugar being imported or exported.
Several special tariff preference programs are available for importing cane sugar under HS Code 17011105. These programs provide duty-free treatment or reduced duty rates for specific countries. The following is a list of the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between countries, providing benefits such as duty-free treatment or reduced duty rates for eligible importing and exporting states.
The HS Code 17011105 applies to cane sugar imports and exports in the United States. The importing and exporting US states may vary depending on the specific trade agreements, market demand, and supply chain dynamics.
Overall, understanding the HS Code 17011105 and its associated details is crucial for importers, exporters, and professionals involved in international trade. It enables efficient classification, accurate duty calculation, and utilization of special tariff preference programs, ensuring compliance with trade regulations and optimizing business operations.