Cane/Beet Sugar and Pure Sucrose: Exploring HS Code 17019144
Cane/Beet Sugar and Pure Sucrose: Exploring HS Code 17019144
When it comes to international trade, it is crucial to have a standardized classification system that enables countries to identify and regulate the import and export of various goods. One such system is the Harmonized System (HS) code, which is used globally to classify products and facilitate trade. In this article, we will delve into the details of HS Code 17019144, which pertains to cane/beet sugar and pure sucrose, refined, solid, with added flavoring, containing over 65% by weight of sugar, as described in Chapter 17 US Note 2 and subject to Chapter 17 US Note 7.
HS Code 17019144 is specifically assigned to cane/beet sugar and pure sucrose that has undergone the process of refinement to achieve a solid form. Additionally, this sugar has added flavoring agents and must contain over 65% sugar by weight. The classification ensures that this particular type of sugar is distinguished from other sugar varieties, such as raw or unrefined sugar.
One of the essential aspects of HS codes is the duty rates associated with them. In the case of HS Code 17019144, the bound or Most Favored Nation (MFN) duty rate is set at 6%. The MFN duty rate signifies 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 ensures fair and equal treatment among countries participating in international trade.
The quantity unit for HS Code 17019144 is kilograms (KG). This unit of measurement serves as a standardized metric for determining the weight of the imported or exported sugar products falling under this HS code. It enables accurate calculations and uniformity in trade transactions, contributing to efficient logistics and supply chain management.
Furthermore, sugar importers and exporters may benefit from special tariff preference programs associated with HS Code 17019144. These programs offer reduced or eliminated tariffs for specific countries. In the case of this HS code, it is eligible for free trade under the Oman Special Rate and Peru Special Rate. This privilege allows importers and exporters from Oman and Peru to enjoy preferential treatment, fostering economic cooperation and trade relations between these countries.
It is noteworthy to mention that HS Code 17019144 is not limited to specific importing or exporting US states. This means that sugar products falling under this HS code can be imported from any US state and exported to any US state without any regional restrictions. This freedom of trade within the United States contributes to the internal commerce and market accessibility for sugar producers and consumers throughout the country.
HS Code 17019144 plays a vital role in facilitating the international trade of cane/beet sugar and pure sucrose, refined, solid, with added flavoring, containing over 65% by weight of sugar. Its classification ensures accurate identification and regulation of this specific type of sugar. The associated duty rates, quantity units, and special tariff preference programs provide further insights into the trade dynamics and opportunities available for importers and exporters. Understanding HS Code 17019144 is crucial for those involved in the sugar industry and international trade, as it enables seamless transactions and compliance with trade regulations.
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