The HS Code 17026024 refers to a specific product description known as "Oth fructose & fruc. syrup contng in dry state >50% by wt. of fructose, blended syrup." This code is used to classify and categorize this particular type of product for international trade purposes. It is important to understand the details and implications of this HS code when importing or exporting goods.
The product described under HS Code 17026024 is a blended syrup containing fructose and fructose syrup in a dry state. The syrup must contain over 50% of fructose by weight to be classified under this code. It is important to note that additional U.S. notes, specifically note 4 under chapter 17 and note 9, provide further details and specifications for this product.
The Bound / MFN duty rate for HS Code 17026024 is 6%. 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. The duty rate remains constant at 6% for this particular product, regardless of any special tariff preference programs.
The quantity unit for HS Code 17026024 is kilograms (KG). This means that the product is measured and traded in kilograms, providing a standardized unit of measurement for international trade purposes.
Under certain special tariff preference programs, HS Code 17026024 may qualify for a free import rate. Specifically, Oman (OM) and Peru (PE) provide a special rate of duty exemption for this product. Importers from these countries can take advantage of the tariff preference programs to reduce or eliminate the duty charges associated with importing this product.
Currently, the state of Vermont in the United States imports products classified under HS Code 17026024. This information is particularly relevant for businesses or individuals based in Vermont who may be interested in importing or dealing with products falling under this HS code.
When it comes to exporting products classified under HS Code 17026024 from the United States, the states of Iowa and Nebraska are actively involved. These states have been identified as significant exporters of this particular product. This information can be valuable for businesses or individuals based in Iowa or Nebraska who are looking to export goods falling under this HS code.
HS Code 17026024 is used to classify and categorize a specific type of product - Oth fructose & fruc. syrup contng in dry state >50% by wt. of fructose, blended syrup. Understanding the details and implications of this HS code is crucial for importers, exporters, and traders involved in international trade.