HS Code 20081102: Peanut Butter and Paste
Peanut butter and paste are delicious and versatile food products that are enjoyed by people all over the world. They are made from ground peanuts and can be used in a variety of ways, from spreads on toast to ingredients in savory dishes. In this article, we will explore the HS code 20081102, which specifically refers to peanut butter and paste.
HS code 20081102 is a specific code used by customs authorities to classify and track peanut butter and paste products in international trade. It is important for importers and exporters to correctly identify and use the appropriate HS code for their products to ensure smooth customs clearance and accurate trade data.
According to the product description, peanut butter and paste falling under HS code 20081102 are subject to general note 15 of the Harmonized Tariff Schedule (HTS). General note 15 states that the product is duty-free 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 means that peanut butter and paste imported under this HS code can enjoy duty-free treatment if the importing country has implemented trade barrier reductions or market openings.
The quantity unit for peanut butter and paste is kilograms (KG). This unit is commonly used in international trade to measure the weight of goods. It is important for importers and exporters to accurately declare the quantity of peanut butter and paste in kilograms to ensure compliance with customs regulations.
There are also special tariff preference programs associated with HS code 20081102 that provide additional benefits for importers. These programs include:
1. Generalized System of Preferences (GSP): This program offers duty-free treatment for eligible products from developing countries.
2. Australia Special Rate: Provides a special rate for peanut butter and paste imported from Australia.
3. Bahrain Special Rate: Offers a special rate for peanut butter and paste imported from Bahrain.
4. NAFTA for Canada: Provides duty-free treatment for peanut butter and paste imported from Canada under the North American Free Trade Agreement.
5. Chile Special Rate: Offers a special rate for peanut butter and paste imported from Chile.
6. Caribbean Basin Initiative (CBI): Provides duty-free treatment for peanut butter and paste imported from eligible countries in the Caribbean region.
7. Israel Special Rate: Offers duty-free treatment for peanut butter and paste imported from Israel.
8. Andean Trade Preference Act (ATPA): Provides a special rate for peanut butter and paste imported from countries in the Andean region.
9. Jordan Special Rate: Offers a special rate for peanut butter and paste imported from Jordan.
10. Morocco Special Rate: Provides a special rate for peanut butter and paste imported from Morocco.
11. NAFTA for Mexico: Offers duty-free treatment for peanut butter and paste imported from Mexico under the North American Free Trade Agreement.
12. Oman Special Rate: Provides a special rate for peanut butter and paste imported from Oman.
13. Dominican Republic-Central American Special Rate (DR-CAFTA): Offers a special rate for peanut butter and paste imported from countries in the Dominican Republic-Central American Free Trade Agreement region.
14. Peru Special Rate: Provides a special rate for peanut butter and paste imported from Peru.
15. Singapore Special Rate: Offers a special rate for peanut butter and paste imported from Singapore.
It is important for importers to familiarize themselves with these special tariff preference programs and take advantage of the benefits they offer when importing peanut butter and paste under HS code 20081102.
In terms of importing and exporting within the United States, the District of Columbia is listed as an importing state for peanut butter and paste under HS code 20081102. However, the exporting states are not specified in the available data.
HS code 20081102 refers to peanut butter and paste in international trade. It is important for importers and exporters to correctly identify and use this HS code to ensure smooth customs clearance and accurate trade data. Additionally, importers can take advantage of special tariff preference programs to enjoy additional benefits when importing peanut butter and paste. By understanding and utilizing these programs, importers can optimize their trade operations and enhance their competitiveness in the global market.
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