Grape wine is a popular alcoholic beverage enjoyed by people all over the world. It comes in various forms, flavors, and alcohol content. The HS Code 22042180 specifically refers to grape wine that is not sparkling or effervescent, with an alcohol content of over 14% vol. This article will provide an in-depth look at this HS Code, including its product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states.
The product description of the HS Code 22042180 is as follows:
This HS Code identifies grape wine that falls within these specific criteria. It helps in categorizing and regulating the import and export of this particular type of wine.
The bound / MFN (Most Favored Nation) duty rate for HS Code 22042180 is 16.9 cents per liter. 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. The duty rate is applied to each liter of grape wine imported or exported under this HS Code.
The quantity unit for HS Code 22042180 is liters (L). This unit of measurement is used to determine the volume of grape wine being imported or exported. It helps in calculating the duty rate, as well as in tracking the quantity of wine being traded.
Several special tariff preference programs apply to grape wine classified under HS Code 22042180. These programs provide either duty-free treatment or reduced duty rates for importing countries. The specific programs and their corresponding rates are as follows:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. They provide incentives for importing grape wine under this HS Code, making it more affordable for consumers in those countries.
When it comes to importing grape wine under HS Code 22042180, the following US states are involved:
These states have a demand for grape wine and participate in the importation of this specific type of wine. The HS Code helps in facilitating the import process and ensures that the necessary regulations and duties are followed.
On the other hand, the exporting US states for grape wine under HS Code 22042180 may vary. The specific states involved in exporting this wine will depend on the production and distribution channels of the wine. However, it is important to note that the HS Code is applicable for all US states when it comes to the importation of grape wine.
HS Code 22042180 is a valuable tool in regulating and categorizing grape wine that meets specific criteria. It helps in determining duty rates, tracking quantities, and facilitating trade between countries. Importing US states such as Connecticut, District of Columbia, New York, and Virgin Islands play a significant role in the importation of this wine. By understanding and utilizing this HS Code, importers and exporters can navigate the regulations and benefits associated with grape wine trade.