The Harmonized System (HS) Code 21011254 refers to the preparation of 10% sugar with a basis of extract, essence, or concentrate, or with a basis of coffee. This product is subject to quota restrictions under Chapter 17, and the United States has set specific limitations under Note 3 of the HS code. In this article, we will explore the details of this HS code, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The HS Code 21011254 denotes the preparation of 10% sugar. This means that the product contains 10% sugar content and is prepared using extract, essence, or concentrate, or with a basis of coffee. The HS code provides a standardized classification for this specific product, making it easier for international trade and customs purposes.
When importing or exporting goods with this HS code, it is important to ensure compliance with the regulations and restrictions specified under Chapter 17 and Note 3 of the HS code. These regulations may include quota limitations or additional requirements for trade.
The bound / MFN (Most Favored Nation) duty rate for HS Code 21011254 is 10%. The MFN principle dictates that every time a country reduces trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. This helps promote fair and equal trade practices among countries and prevents discriminatory treatment.
Importers or exporters dealing with products under this HS code should be aware of the applicable duty rate and factor it into their cost calculations. It is important to note that duty rates can vary over time due to trade agreements, tariff negotiations, or changes in national policies.
The quantity unit for HS Code 21011254 is kilograms (KG). This means that the product's weight or quantity is measured and traded in kilograms. It is essential for importers and exporters to accurately measure and declare the weight of goods to ensure compliance with customs regulations and facilitate international trade.
Several special tariff preference programs apply to HS Code 21011254. These programs offer specific benefits or duty-free treatment for eligible countries or regions. The following special tariff preference programs are applicable:
Importers or exporters from countries eligible for these special tariff preference programs can take advantage of reduced or duty-free rates, allowing for more competitive pricing and trade facilitation.
HS Code 21011254 can be imported into and exported from various US states. The specific states involved in trade may vary depending on market demands and supply chains. However, common importing and exporting US states for this product may include:
It is crucial for businesses involved in trade under HS Code 21011254 to identify potential markets and establish efficient logistics and distribution channels to ensure smooth import and export operations.
HS Code 21011254 relates to the preparation of 10% sugar with a basis of extract, essence, or concentrate, or with a basis of coffee. This HS code provides a standardized classification for the product, ensuring accurate trade documentation and customs compliance. Importers and exporters should be aware of the applicable duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states to effectively navigate international trade in this specific product category.