The Harmonized System (HS) code is an internationally recognized standard for classifying products in import-export transactions. In this article, we will delve into the details of HS Code 21011248, which pertains to the preparation of sugar with a basis of extract, essence, or concentrate, or with a basis of coffee, under Chapter 17 of the HS code.
HS Code 21011248 refers to the preparation of sugar with a minimum sugar content of 65%. This product falls under Chapter 17 of the HS code, which covers sugars and sugar confectionery.
The preparation of sugar under this HS code is made with a basis of extract, essence, or concentrate, or with a basis of coffee. This means that the sugar preparation may contain ingredients derived from extracts, essences, concentrates, or even coffee.
Additionally, it is important to note that this product is subject to the provisions of US Note 2 under Chapter 17, which specifies any additional requirements or conditions for the importation of sugar preparations.
Furthermore, the product is also subject to US Note 9 quota under Chapter 17, which may impose limits on the quantity of sugar preparations that can be imported.
The Bound / MFN (Most Favored Nation) duty rate for HS Code 21011248 is 30.5 cents per kilogram (KG). The MFN duty rate is a standard rate applied to imports from all trading partners, regardless of any preferential trade agreements.
It is worth noting that trade barriers or market openings can affect the duty rate. If a country lowers a trade barrier or opens up a market for the same goods or services, it must do so for all its trading partners. This ensures fairness and equal treatment among trading nations.
The quantity unit for HS Code 21011248 is kilograms (KG). This means that the weight of the sugar preparation will be measured and declared in kilograms during import-export transactions.
HS Code 21011248 may be eligible for special tariff preference programs in certain countries. These programs provide preferential treatment in terms of duty rates or exemptions for imports.
The following special tariff preference programs are applicable to HS Code 21011248:
HS Code 21011248 applies to imports and exports involving various US states. The specific states involved in importing and exporting this product may vary based on trade activities and market demand.
It is essential for businesses and individuals engaged in international trade to understand the import and export regulations of the US states involved in their transactions. Compliance with these regulations ensures smooth and lawful trade operations.
HS Code 21011248 encompasses the preparation of sugar with a basis of extract, essence, or concentrate, or with a basis of coffee. It is subject to specific provisions, duty rates, and may be eligible for special tariff preference programs in certain countries. Understanding the intricacies of this HS code is crucial for businesses and individuals involved in the import and export of sugar preparations.