When it comes to international trade, it is crucial to have a standardized system for classifying products. The Harmonized System (HS) provides a universally recognized code for each type of product. One such HS code is 21022060, which refers to single-cell micro-organisms, dead, excluding yeasts (but not including vaccines of heading 3002).
The HS code 21022060 is used to identify and classify these specific types of micro-organisms for the purpose of international trade. It is important to note that this code excludes yeasts and vaccines, which have their own separate classifications under different HS codes.
In terms of duty rates, the bound or most-favored-nation (MFN) duty rate for HS code 21022060 is 3.2%. This means 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 a fair and non-discriminatory trading environment.
The quantity unit for HS code 21022060 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the single-cell micro-organisms being imported or exported.
There are also special tariff preference programs available for HS code 21022060. These programs allow for preferential treatment in terms of duty rates for certain countries. The following countries are eligible for duty-free treatment under specific programs:
These special tariff preference programs aim to promote trade and economic cooperation by providing duty-free treatment for specified countries. Importers and exporters of single-cell micro-organisms falling under HS code 21022060 can take advantage of these programs to reduce or eliminate duty costs.
In terms of importing and exporting, HS code 21022060 can be used by various US states and countries around the world. The specific states and countries involved in the import and export of single-cell micro-organisms may vary depending on the specific trade agreements and partnerships established.
HS code 21022060 is an important classification for single-cell micro-organisms, dead, excluding yeasts. It allows for standardized identification and classification of these products in international trade. The duty rates, quantity unit, and special tariff preference programs associated with this HS code provide valuable information for importers and exporters. Understanding and utilizing this HS code can help facilitate smooth and cost-effective international trade transactions.