The HS code 18061038 refers to cocoa powder that is sweetened and not subject to add US note 1 to Chapter 18. In this article, we will explore the details of this HS code, including its product description, duty rate, quantity unit, and special tariff preference programs. We will also discuss the importing and exporting US states for this product.
Cocoa powder is a popular ingredient used in various food and beverage products. HS code 18061038 specifically refers to sweetened cocoa powder. This means that sugar or other sweeteners have been added to the cocoa powder to enhance its flavor. Neosi is the term used to describe cocoa powder that has been processed to remove some of its bitterness, resulting in a smoother taste.
It is important to note that this HS code does not include cocoa powder that is subject to add US note 1 to Chapter 18. This note refers to certain conditions or restrictions that may apply to cocoa powder imports. Therefore, cocoa powder falling under this HS code is exempt from such conditions or restrictions.
The bound / MFN (Most Favored Nation) duty rate for HS code 18061038 is 33.6 cents per kilogram (kg). The bound duty rate is the maximum rate of duty that a country can impose on imported goods. The MFN duty rate applies to all trading partners of a country and ensures that the same rate is applied to the same goods or services from all trading partners.
It is worth noting that the duty rate may vary depending on the country of import. However, 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 of non-discrimination promotes fair and equal trade among countries.
The quantity unit for HS code 18061038 is kilograms (KG). This means that the weight of the cocoa powder is measured in kilograms when it is imported or exported.
There are several special tariff preference programs available for cocoa powder falling under HS code 18061038:
These special rates offer preferential treatment to importers or exporters of cocoa powder from specific countries. Importers or exporters from these countries can benefit from reduced or zero-duty rates when trading this product.
For HS code 18061038, the Virgin Islands and Pennsylvania are listed as importing US states. This means that these states are known for importing cocoa powder falling under this HS code.
Unfortunately, the data does not provide information about the exporting US states for this specific HS code. However, it is safe to assume that cocoa powder under this HS code is exported from various states across the United States to meet the demand of international markets.
HS code 18061038 refers to sweetened cocoa powder that is not subject to add US note 1 to Chapter 18. The duty rate for this HS code is 33.6 cents per kilogram, and the quantity unit is kilograms (KG). Special tariff preference programs are available for importers or exporters from specific countries. The Virgin Islands and Pennsylvania are known for importing cocoa powder falling under this HS code. This information is valuable for businesses involved in the import and export of cocoa powder, as it provides a comprehensive understanding of the regulations and opportunities associated with this product.