The HS Code 20021000 refers to tomatoes that are either whole or in pieces, and are prepared or preserved in a way that does not involve vinegar or acetic acid. This code is used to classify and identify these specific types of tomatoes for international trade purposes.
When importing or exporting tomatoes falling under this HS code, it is important to understand the various regulations and tariffs that may apply. Let's take a closer look at some of the key details related to this HS code.
The product description for HS Code 20021000 is "Tomatoes, whole or in pieces, prepared or preserved otherwise than by vinegar or acetic acid." This means that the tomatoes can be either whole or in pieces, and they have been prepared or preserved using methods other than vinegar or acetic acid.
It is worth noting that the specific methods used for preparation or preservation may vary, but as long as vinegar or acetic acid is not involved, the tomatoes fall under this HS code.
The bound / MFN (Most Favored Nation) duty rate for HS Code 20021000 is 12.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
This duty rate applies to all imports and exports of tomatoes falling under this HS code, unless the products qualify for special tariff preference programs.
The quantity unit for tomatoes classified under HS Code 20021000 is kilograms (KG). This is the standard unit of measurement used to determine the weight of the tomatoes being imported or exported.
There are several special tariff preference programs that may apply to imports and exports of tomatoes under HS Code 20021000. These programs allow for reduced or duty-free treatment based on specific criteria.
For example, imports from least-developed beneficiary developing countries are eligible for duty-free treatment under the Generalized System of Preferences (GSP). Bahrain, Canada (under NAFTA), and Israel also have special rates for tomatoes falling under this HS code.
Other programs such as the Africa Growth and Opportunity Act (AGOA), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), Jordan Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), Peru Special Rate, Australia Special Rate, Chile Special Rate, and Morocco Special Rate offer specific tariff preferences for certain countries or regions.
HS Code 20021000 applies to both importing and exporting US states. This means that both the states importing these tomatoes and the states exporting them are subject to the regulations and tariffs associated with this HS code.
Importers and exporters should be aware of any specific requirements or restrictions imposed by individual states within the US when dealing with tomatoes falling under this HS code.
Overall, HS Code 20021000 plays a crucial role in classifying and identifying tomatoes that are whole or in pieces, prepared or preserved differently from those using vinegar or acetic acid. Understanding the regulations, tariffs, and special tariff preference programs related to this HS code is vital for smooth and compliant international trade of tomatoes.