The HS Code 21021000 refers to active yeasts, which are commonly used in various industries such as baking, brewing, and winemaking. In this article, we will explore the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code.
Active yeasts are microorganisms that play a crucial role in fermentation processes. They are living fungi that convert sugars into alcohol and carbon dioxide through a process called anaerobic respiration. This biological transformation is widely utilized in the production of bread, beer, wine, and other fermented products.
The active yeasts covered under HS Code 21021000 are typically in a dry or powdered form, making them easy to store, transport, and use in various industries. These yeasts are specifically selected and cultivated to ensure optimum performance and consistency in fermentation processes.
The bound or Most Favored Nation (MFN) duty rate for active yeasts under HS Code 21021000 is 6.4%. This means 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. The duty rate ensures fair competition and equal treatment for all trading nations.
It is important to note that duty rates may vary depending on the country and trade agreements in place. Some countries may offer special tariff preference programs that provide duty-free treatment for active yeasts imported under HS Code 21021000. These programs aim to promote trade and economic cooperation between nations.
The quantity unit for active yeasts imported or exported under HS Code 21021000 is kilograms (KG). This unit of measurement allows for accurate and standardized calculation of the quantity of active yeasts being traded. It facilitates efficient logistics and ensures transparency in international trade.
Several countries participate in special tariff preference programs that provide duty-free treatment for active yeasts imported under HS Code 21021000. These programs aim to foster economic growth, enhance trade relations, and promote sustainable development. The following countries are part of the special tariff preference programs:
These special tariff preference programs provide significant advantages for importers and exporters of active yeasts, as they eliminate or reduce the duty rates, making the products more competitive in the international market.
Active yeasts under HS Code 21021000 are imported and exported by various US states. The specific states involved in these trade activities may vary depending on market demands, production capabilities, and distribution networks. However, some of the major importing and exporting US states for active yeasts include:
These states have a strong presence in the food and beverage industries, making them key players in the import and export of active yeasts. They serve as distribution hubs and manufacturing centers, facilitating the flow of goods both domestically and internationally.
HS Code 21021000 represents active yeasts, which are essential microorganisms used in fermentation processes. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code is crucial for importers, exporters, and industry professionals. By leveraging these insights, businesses can make informed decisions, optimize trade operations, and capitalize on the benefits provided by international trade agreements.