The HS Code 21011244 refers to the product description of Preparation ov 65% sugar. This code is used for customs and trade purposes to classify and identify specific goods during import and export processes. In this article, we will explore the details of HS Code 21011244 and provide useful information regarding its product description, duty rates, quantity units, and special tariff preference programs.
The product described by HS Code 21011244 is a preparation of 65% sugar. It falls under Chapter 17 of the Harmonized System (HS) classification, which covers sugars and sugar confectionery. The specific details of this product indicate that it is made with a basis of extract, essence, or concentrate, or with a basis of coffee.
It is important to note that the product is subject to a quota of Chapter 17 add US nte 7. This means that there may be limitations or restrictions on the quantity of this product that can be imported or exported, depending on the regulations of the importing or exporting country.
The bound / MFN (Most Favored Nation) duty rate for HS Code 21011244 is 10%. The MFN principle ensures that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This duty rate remains consistent unless specific trade agreements or preferences are in place.
The quantity unit for HS Code 21011244 is kilograms (KG). This means that the weight of the product, when imported or exported, will be measured and recorded in kilograms. It is crucial to accurately determine the quantity of the product to comply with customs regulations and ensure successful trade transactions.
HS Code 21011244 is eligible for special tariff preference programs in Oman (OM) and Peru (PE). Under these programs, the product may qualify for preferential treatment, which could result in reduced or eliminated import duties. It is essential for importers and exporters to familiarize themselves with the specific requirements and conditions of these programs to take advantage of the benefits they offer.
For Oman, the special rate is Free. This means that importers or exporters dealing with HS Code 21011244 in Oman may be exempt from paying import duties, subject to fulfilling the necessary criteria.
In the case of Peru, the special rate is also Free. Importers or exporters involved in trade transactions of HS Code 21011244 with Peru may enjoy the benefit of duty-free importation, provided they meet the requirements established by the Peruvian government.
HS Code 21011244 can be imported or exported from various US states. However, since the provided data does not specify the importing and exporting US states, it is important to consult the relevant customs authorities or trade databases to obtain accurate and up-to-date information regarding specific locations involved in the trade of this product.
HS Code 21011244 represents the product description of Preparation ov 65% sugar. It is classified under Chapter 17 and is subject to a 10% bound / MFN duty rate. The quantity unit is kilograms, and the product can potentially benefit from special tariff preference programs in Oman and Peru. Importers and exporters should stay informed about the regulations and requirements of these programs to optimize their trade activities. Additionally, specific information about the importing and exporting US states should be obtained from reliable sources to ensure compliance with customs regulations.