When it comes to imported goods, a specific code called the Harmonized System (HS) code is used to classify and identify them. HS Code 18063208 refers to a particular type of chocolate: chocolate that is not filled, contains 21% or more milk solids, and is in the form of blocks, slabs, or bars weighing 2kg or less. In this article, we will explore this HS code in detail, providing valuable information about the product, its import and export regulations, and any special tariff preference programs associated with it.
The product described by HS code 18063208 is a type of chocolate that does not have any filling. It must contain at least 21% milk solids, giving it a creamy and rich taste. The chocolate is manufactured in the form of blocks, slabs, or bars, with each piece weighing 2kg or less. This particular product is popular among chocolate lovers and is often used in various confectionery applications.
Importing goods is subject to certain duty rates, and HS code 18063208 is no exception. The bound / most-favored-nation (MFN) duty rate for this product is 52.8 cents per kilogram, with an additional 4.3% of the product's value. It's important to note 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 principle ensures fair and equal treatment for all countries involved in trade.
When it comes to measuring and quantifying the product, the quantity unit used for HS code 18063208 is kilograms (KG). This means that the weight of the chocolate is measured in kilograms, providing a standardized unit of measurement for importers, exporters, and regulatory bodies.
Several countries have special tariff preference programs in place for HS code 18063208. These programs aim to promote trade and provide certain benefits or exemptions for the importation of specific goods. Here are some notable special tariff preference programs for this product:
When it comes to importing HS code 18063208 into the United States, the data indicates that the state of Vermont is the primary destination for this product. On the other hand, when exporting this chocolate from the United States, it appears that Vermont is also the primary source. This information provides insights into the trade patterns and preferences for this particular chocolate product.
HS code 18063208 refers to chocolate that is not filled, contains a minimum of 21% milk solids, and is in the form of blocks, slabs, or bars weighing 2kg or less. This comprehensive guide has provided valuable information about the product, including its description, duty rates, quantity unit, special tariff preference programs, and trade patterns. Understanding the HS code and its associated details is essential for importers, exporters, and anyone involved in international trade.