The HS Code 17029005 refers to a specific product category that includes cane and beet sugars, as well as syrups that contain invert sugar. This particular HS code also indicates that the product should have soluble non-sugar solids of 6% or less. The product is subject to the regulations outlined in General Note 15 (GN 15).
When it comes to trade, countries often have certain duties or tariffs in place to protect their domestic industries. However, through various trade agreements and programs, special tariff preferences can be granted to certain products. HS Code 17029005 is eligible for such special tariff preferences in several countries.
The bound or most-favored-nation (MFN) duty rate for HS Code 17029005 is 3.6606 cents per kilogram (KG) of total sugars. This means that when 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 is known as the MFN principle.
HS Code 17029005 is measured and traded in kilograms (KG), which is the standard unit of quantity for this product category.
Several countries have special tariff preference programs in place for HS Code 17029005. These programs allow for duty-free treatment or reduced tariffs for the importation of this product. The countries that offer these special rates include:
These special rates are part of various trade agreements and preference programs aimed at promoting trade and economic cooperation between countries.
When it comes to the importing and exporting of HS Code 17029005, the specific US states involved can vary. The data provided does not specify any particular states, so it can be assumed that this product is imported and exported by various US states depending on market demand and availability.
HS Code 17029005 represents cane and beet sugars, as well as syrups containing invert sugar. It is subject to specific regulations outlined in General Note 15 (GN 15). The product is measured in kilograms (KG) and is eligible for special tariff preferences in several countries. These preferences can include duty-free treatment or reduced tariffs. Importing and exporting of this product can involve various US states.