Compound alcoholic preparations of a kind used for the manufacture of beverages, over 20% weight alcohol but not over 0.5% vol alcohol fall under HS Code 21069012. This HS code is used to classify and identify specific products for international trade purposes.
The product description for HS Code 21069012 states that it refers to compound alcoholic preparations used in the production of beverages. These preparations contain more than 20% weight alcohol but do not exceed 0.5% vol alcohol. This code helps customs authorities and importers/exporters to accurately categorize and track these specific products during trade.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 21069012 is 4.2 cents/kg plus 1.9% of the value. This means that when 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 is an important factor to consider when importing or exporting products under this HS code.
The quantity unit for HS Code 21069012 is kilograms (KG). This unit of measurement is used to determine the weight of the compound alcoholic preparations being imported or exported. It provides a standardized unit for trade transactions and helps in calculating duties, taxes, and shipping costs.
There are several special tariff preference programs that offer favorable treatment for compound alcoholic preparations classified under HS Code 21069012. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating duties on specific goods, including compound alcoholic preparations.
HS Code 21069012 is imported into the following US states:
These states have a demand for compound alcoholic preparations for beverage manufacture and import these products classified under HS Code 21069012.
HS Code 21069012 is exported from the following US states:
These states have a supply of compound alcoholic preparations for beverage manufacture and export these products classified under HS Code 21069012 to other countries.
HS Code 21069012 represents compound alcoholic preparations used in the manufacture of beverages. It has a specific product description, duty rate, quantity unit, and is eligible for various special tariff preference programs. Importers and exporters need to be aware of these details to ensure compliance and take advantage of favorable trade conditions.