Ice cream is a delightful treat enjoyed by people of all ages around the world. Whether it's a classic vanilla cone or a rich chocolate sundae, ice cream brings joy and satisfaction to millions of people. In this article, we will explore the HS Code 21050020, which specifically refers to ice cream, whether or not it contains cocoa, and is not subject to general note 15 or additional US note 5 to Chapter 21 of the Harmonized System (HS).
The HS Code 21050020 is a unique code that is used to classify and identify specific goods for international trade purposes. In the case of ice cream, this code allows customs authorities to accurately distinguish ice cream from other similar products during the import and export process.
It is important to note that HS Code 21050020 applies to ice cream that does not fall under general note 15 or additional US note 5 to Chapter 21. These notes may contain specific regulations or exceptions that apply to certain types of ice cream products.
The bound / MFN duty rate for HS Code 21050020 is 50.2 cents per kilogram (kg) plus an additional 17%. This rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive equal treatment from all trading partners.
For example, if a country decides to reduce trade barriers or open its market to ice cream imports, it must do so for all its trading partners. This principle of non-discrimination promotes fair trade practices and prevents any preferential treatment for specific countries.
The quantity unit for HS Code 21050020 is kilograms (kg). This unit of measurement is commonly used in international trade to determine the weight of goods being imported or exported.
HS Code 21050020 is eligible for various special tariff preference programs, which provide certain countries with preferential treatment or duty-free access to the US market. Here are some examples:
Ice cream imports and exports can occur between various US states. While the data provided does not specify the exporting states, it mentions Hawaii as the importing state. This suggests that ice cream is being imported into Hawaii from other states within the US.
Ice cream is a popular product in Hawaii, and its importation from other states allows consumers to enjoy a wide variety of flavors and brands. It also helps meet the demand for this delicious treat in the local market.
HS Code 21050020 plays a vital role in classifying and regulating the import and export of ice cream. Understanding this code allows customs authorities and traders to accurately identify and classify ice cream products, ensuring compliance with applicable regulations and tariffs.
Ice cream lovers can enjoy a diverse range of flavors and brands, thanks to the importation of ice cream from various countries. Special tariff preference programs further incentivize trade and promote economic cooperation between nations.
So the next time you indulge in a scoop of your favorite ice cream, remember the HS Code 21050020 and the complex trade processes that make it available to you.