Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 20081145: All You Need to Know

The HS Code 20081145 refers to peanuts that have been otherwise prepared or preserved, not elsewhere specified. This specific HS code is subject to additional regulations outlined in US note 2 to chapter 12 and does not fall under the category of GN15.

When it comes to trade, it is important to understand the duty rates associated with importing or exporting goods. The bound or Most Favored Nation (MFN) duty rate for HS Code 20081145 is 6.6 cents per kilogram (KG).

One key principle of international trade is the concept of reciprocity. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same treatment to all its trading partners for the same goods or services. This principle ensures fairness and equal opportunities for all countries involved.

The quantity unit for HS Code 20081145 is kilograms (KG). This unit of measurement is used to determine the weight of the peanuts being imported or exported.

Now, let's talk about the special tariff preference programs associated with HS Code 20081145. This product is eligible for free trade under various programs:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible goods from developing countries.
• Bahrain Special Rate: Peanuts under this program receive duty-free treatment when imported from Bahrain.
• NAFTA for Canada: Peanuts imported from Canada under the North American Free Trade Agreement (NAFTA) are eligible for duty-free treatment.
• Chile Special Rate: Peanuts imported from Chile receive duty-free treatment under this program.
• Africa Growth and Opportunity Act (AGOA): This program offers duty-free treatment for eligible goods imported from qualifying African countries.
• Caribbean Basin Initiative (CBI): Peanuts from CBI countries are eligible for duty-free treatment when exported to the United States.
• Israel Special Rate: Peanuts imported from Israel receive duty-free treatment under this program.
• Andean Trade Preference Act (ATPA): Peanuts imported from ATPA countries are eligible for duty-free treatment.
• Jordan Special Rate: Peanuts imported from Jordan receive duty-free treatment under this program.
• Morocco Special Rate: Peanuts imported from Morocco are eligible for duty-free treatment.
• Oman Special Rate: Peanuts imported from Oman receive duty-free treatment under this program.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Peanuts imported from DR-CAFTA countries receive duty-free treatment.
• Peru Special Rate: Peanuts imported from Peru are eligible for duty-free treatment.
• Singapore Special Rate: Peanuts imported from Singapore receive duty-free treatment under this program.

When it comes to importing HS Code 20081145, the data indicates that the District of Columbia is the primary destination within the United States. However, further information about the exporting US states is not provided.

the HS Code 20081145 covers peanuts that have been prepared or preserved in a manner not specified elsewhere. Understanding the duty rates, quantity unit, and special tariff preference programs associated with this code is crucial for importers and exporters. By complying with the regulations and taking advantage of the applicable programs, businesses can engage in international trade more efficiently and effectively.