HS Code 17021100: Lactose and lactose syrup
Lactose and lactose syrup are commonly used ingredients in various food and pharmaceutical products. They are derived from milk and are widely used as sweeteners, bulking agents, and stabilizers. HS Code 17021100 specifically refers to lactose and lactose syrup containing 99% or more lactose, calculated on the dry matter.
This HS code is important for international trade as it helps in the classification and identification of lactose and lactose syrup products. It is used by customs authorities and importers/exporters to determine the appropriate tariffs and regulations for these products.
When it comes to trade barriers and market access, the bound/MFN duty rate for HS Code 17021100 is 6.4%. 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 rate ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 17021100 is kilograms (KG). This unit is used to measure and quantify the weight of lactose and lactose syrup being imported or exported.
There are also special tariff preference programs associated with HS Code 17021100. These programs provide certain countries with preferential treatment in terms of duty rates. The following countries are eligible for duty-free treatment under specific subheadings:
- Least-developed beneficiary developing countries (duty-free treatment)
- Bahrain (Special Rate)
- Canada (NAFTA - duty-free treatment)
- Africa (AGOA - duty-free treatment)
- Caribbean Basin (CBI - duty-free treatment)
- Israel (Special Rate)
- Andean Trade Preference Act (ATPA - duty-free treatment)
- Jordan (Special Rate)
- Mexico (NAFTA - duty-free treatment)
- Oman (Special Rate)
- Dominican Republic-Central America (DR-CAFTA - Special Rate)
- Peru (Special Rate)
- Singapore (Special Rate)
Additionally, there are specific duty rates for certain countries under HS Code 17021100:
- Australia (Special Rate - 4.2%)
- Chile (Special Rate - 1.9%)
- Morocco (Special Rate - 3.7%)
These special tariff preference programs aim to promote trade and economic development among participating countries.
In terms of importing and exporting, HS Code 17021100 is relevant to all US states. It is important for businesses and individuals involved in the importation and exportation of lactose and lactose syrup products to be aware of the regulations and duty rates associated with this HS code.
HS Code 17021100 plays a significant role in international trade as it specifically identifies and classifies lactose and lactose syrup products. It helps in determining the appropriate tariffs and regulations for these products, ensuring fair and equal treatment among trading partners. The special tariff preference programs associated with this HS code provide certain countries with preferential treatment, further promoting trade and economic development. Importers and exporters of lactose and lactose syrup products should be familiar with this HS code and its associated regulations to facilitate smooth international trade.
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