Bamboo shoots in airtight containers, prepared or preserved otherwise than by vinegar or acetic acid, not frozen, and not preserved by sugar fall under the HS Code 20059160. This article aims to provide extensive information about this specific HS code and its related data.
The HS code is an international system for classifying and categorizing goods in international trade. It helps in identifying the nature of the product and determining the applicable duties, taxes, and regulations. HS Code 20059160 specifically refers to bamboo shoots in airtight containers, which are prepared or preserved in a manner other than vinegar or acetic acid, and are not frozen or preserved by sugar.
When importing or exporting goods, it is essential to be aware of the bound or MFN (Most Favored Nation) duty rate. The bound duty rate signifies the maximum rate of duty that can be imposed on a specific product. In the case of HS Code 20059160, the bound duty rate is free, indicating that there are no duties applicable to the import or export of this product.
Furthermore, quantity units are specified for trade purposes. In the case of HS Code 20059160, the quantity unit is kilograms (KG). This unit helps in determining the quantity of bamboo shoots being traded.
In addition to the general bound duty rate, there are special tariff preference programs available for certain countries. These programs provide preferential treatment, such as duty-free treatment, to specific countries or regions. For HS Code 20059160, the following countries or regions enjoy special tariff preference programs:
For trade between the United States and the Virgin Islands, HS Code 20059160 is applicable for both import and export. This code is relevant for trade involving the states of Oregon and Washington as well.
HS Code 20059160 pertains to bamboo shoots in airtight containers that are prepared or preserved differently from vinegar or acetic acid, not frozen, and not preserved by sugar. The code has a bound duty rate of free, indicating no duties are applicable. The quantity unit is kilograms (KG), and there are special tariff preference programs available for specific countries or regions. Importing and exporting of this product are relevant to the United States, specifically involving the Virgin Islands, Oregon, and Washington.