Blend syrup is a popular product used in various industries, including food and beverage. It is a versatile ingredient that adds flavor and richness to a wide range of products. In this article, we will delve into the details of HS Code 21011234, which specifically refers to blend syrup preparation with a basis of extract, essence, or concentrate, or with a basis of coffee, subject to the quota of Chapter 17 add US note 9.
HS Code 21011234 is an internationally recognized code that classifies blend syrup preparations for import and export purposes. It provides a standardized system for identifying and categorizing goods, facilitating trade between countries. This HS Code is essential for customs authorities, importers, and exporters to ensure smooth and transparent international trade.
The product description for HS Code 21011234 is as follows: Blend syrup (Ch17 add US note 4) preparation with a basis of extract, essence, or concentrate, or with a basis of coffee, subject to the quota of Chapter 17 add US note 9. This description indicates that the blend syrup is prepared using various components, such as extract, essence, concentrate, or coffee.
Blend syrup is a concentrated liquid that is typically used to enhance the flavor of beverages, desserts, and other food products. It is made by combining different ingredients and processing them into a syrup-like consistency. The specific components used in the preparation may vary depending on the desired flavor profile and application.
The Bound / MFN (Most Favored Nation) duty rate for HS Code 21011234 is 10%. The MFN principle states 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. This ensures equal treatment and fair competition among trading nations.
Importers or exporters of blend syrup under HS Code 21011234 should take into account the applicable duty rate when calculating the cost of goods. The 10% duty rate applies to all countries unless specific tariff preference programs are in place.
The quantity unit for HS Code 21011234 is kilograms (KG). This means that the weight of the blend syrup, when measured for import or export purposes, should be reported in kilograms. It is important to accurately measure and declare the quantity of goods to comply with customs regulations and facilitate trade documentation.
HS Code 21011234 qualifies for special tariff preference programs in certain countries. Specifically, it is eligible for free trade under the Oman Special Rate and Peru Special Rate. These programs provide preferential treatment in terms of reduced or zero import duties for goods classified under the specified HS Code.
Importers or exporters who meet the eligibility criteria for these special tariff preference programs can benefit from lower import costs, making their products more competitive in the respective markets. It is important to consult the specific regulations and requirements of each program to ensure compliance and maximize the advantages they offer.
HS Code 21011234 is relevant for both importing and exporting blend syrup to and from the United States. It is essential for importers and exporters to be aware of the specific regulations and requirements imposed by the US customs authorities.
When importing blend syrup into the United States, importers should comply with the applicable customs procedures, including tariff classification, valuation, and documentation requirements. Similarly, when exporting blend syrup from the United States, exporters should ensure compliance with export control regulations and any specific requirements imposed by the destination country.
HS Code 21011234 plays a crucial role in the international trade of blend syrup preparations. It provides a standardized classification system, duty rate information, and eligibility for special tariff preference programs. Importers and exporters should familiarize themselves with the details of this HS Code to ensure compliance and facilitate the smooth flow of goods across borders.