The HS Code 18062038 refers to a specific product: Chocolate, weighing over 2 kilograms, containing milk solids, not in blocks weighing 4.5 kilograms or more, with a milk solids content of 21% or more, and not classified under GN15. This HS Code is used to classify and identify this particular type of chocolate for import and export purposes.
The Bound / MFN duty rate for this product is 52.8 cents per kilogram plus an additional 4.3% of the value. 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 duty rate is applicable to the specified product.
The quantity unit for this product is kilograms (KG), which is the standard unit of measurement for determining the weight of the chocolate.
There are also special tariff preference programs available for this product. The following countries have negotiated special rates or exemptions for this specific HS Code:
These special tariff preference programs allow for reduced or exempted duties for importers and exporters engaging in trade with the mentioned countries.
Regarding the importing and exporting of this product in the United States, the data provided states that the product has been imported from and exported to the state of Vermont. This information suggests that Vermont is involved in both the import and export of this chocolate product.
the HS Code 18062038 represents a specific type of chocolate that weighs over 2 kilograms, contains milk solids, is not in blocks weighing 4.5 kilograms or more, has a milk solids content of 21% or more, and is not classified under GN15. Importers and exporters need to be aware of the Bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS Code. Additionally, the data provided indicates that the state of Vermont is involved in both the import and export of this chocolate product.