When it comes to international trade, it is important to have a standardized system for classifying goods. The Harmonized System (HS) Code is a globally recognized system that allows countries to classify traded products in a uniform manner. HS Code 20060090 specifically refers to vegetables and parts of plants that have been preserved by sugar, such as those that are drained, glazed, or crystallized. This article will provide an in-depth look at this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
HS Code 20060090 covers a wide range of preserved vegetables and parts of plants that have been treated with sugar. This includes products that have been drained, glazed, or crystallized. It is important to note that this HS code specifically excludes mixtures containing these preserved vegetables and parts of plants. The purpose of this code is to provide a clear classification for these types of products in international trade.
The bound / MFN duty rate for HS Code 20060090 is 16%. 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. The 16% duty rate applies to the import of vegetables and parts of plants preserved by sugar under this HS code.
The quantity unit for HS Code 20060090 is kilograms (KG). This means that the weight of the imported or exported products should be measured and reported in kilograms. This standardized unit of measurement allows for consistency and accuracy in trade transactions involving these preserved vegetables and parts of plants.
HS Code 20060090 is eligible for various special tariff preference programs, which can result in reduced or zero-duty rates for importers or exporters. The following are some of the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating trade barriers for specific products, including those classified under HS Code 20060090.
HS Code 20060090 applies to trade transactions involving the import or export of preserved vegetables and parts of plants preserved by sugar. As such, the code can be relevant for various US states involved in importing or exporting these products. The specific states involved would depend on the trade patterns and preferences of importers and exporters dealing with these preserved vegetables and parts of plants.
HS Code 20060090 classifies preserved vegetables and parts of plants preserved by sugar, excluding mixtures. It has a bound / MFN duty rate of 16% and is measured in kilograms. Importers and exporters of these products may be eligible for special tariff preference programs, which can result in reduced or zero-duty rates. Understanding and utilizing these special programs can lead to cost savings and increased trade opportunities for businesses involved in the import or export of these preserved vegetables and parts of plants.