Citrus fruits, such as oranges, lemons, and grapefruits, are not only delicious but also packed with essential vitamins and nutrients. However, their availability may be limited depending on the season and geographical location. That's where preserved citrus fruit or peel comes in. HS Code 20060060 covers the import and export of citrus fruit or peel that has been preserved using sugar, resulting in delightful treats like drained, glace, or crystallized fruits.
When it comes to international trade, understanding the Harmonized System (HS) codes is crucial. HS Code 20060060 allows for efficient identification and classification of preserved citrus fruit or peel, making it easier for customs authorities and traders to track and regulate these products.
The bound or most-favored-nation (MFN) duty rate for HS Code 20060060 is 6 cents per kilogram (kg). This rate remains consistent unless a country decides to lower trade barriers or open up its market, in which case the same treatment must be extended to all trading partners for the same goods or services.
Importers and exporters dealing with preserved citrus fruit or peel must adhere to the quantity unit specified, which is kilograms (kg). This unit ensures standardized measurement and facilitates accurate reporting and trade statistics.
Special tariff preference programs also exist for HS Code 20060060, offering certain countries preferential treatment or duty-free access to the United States market. The following countries enjoy special rates or duty-free treatment for imports of preserved citrus fruit or peel:
Additionally, certain special tariff preference programs provide duty-free treatment for imports of preserved citrus fruit or peel. These programs include the Africa Growth and Opportunity Act (AGOA), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), Dominican Republic-Central American Special Rate (DR-CAFTA), and the Israel Special Rate.
When importing preserved citrus fruit or peel into the United States, it is essential to consider the specific regulations and requirements of both the importing and exporting states. These regulations may vary, and compliance is necessary to ensure a smooth and legal trade process.
HS Code 20060060 covers the import and export of preserved citrus fruit or peel, offering a convenient way to enjoy these fruits year-round. Understanding the HS code, duty rates, and special tariff preference programs is crucial for importers, exporters, and customs authorities in facilitating international trade efficiently.