The HS Code 22084060 refers to the classification of Rum and Tafia products in containers that hold over 4 liters, with a value not exceeding $0.69 per proof liter. This code is used to categorize these specific alcoholic beverages for international trade purposes.
Rum and Tafia are popular distilled spirits that are enjoyed worldwide. They have a rich history and cultural significance in many countries. It is important to understand the HS Code classification and its implications for importing and exporting these products.
The product description provides a clear understanding of the specific type of Rum and Tafia that falls under this HS Code. It specifies the container size and the maximum value per proof liter for classification purposes.
The Bound / MFN Duty Rate indicates the tariff imposed on imports of Rum and Tafia classified under HS Code 22084060. This rate is applicable to all countries and is charged based on the volume of proof liters imported.
It is important to note that trade barriers and market openings must be applied equally to all trading partners for the same goods or services. This ensures fair and non-discriminatory trade practices among countries.
The quantity unit specified in this HS Code is proof liters (PFL). This measurement helps in accurately determining the volume of Rum and Tafia being imported or exported.
Under this HS Code, there are several special tariff preference programs that provide different duty rates for specific countries or regions. These programs aim to promote trade and economic development. The following are some of the special tariff preference programs applicable to Rum and Tafia imports:
These special tariff preference programs offer different duty rates depending on the country of origin or destination. It is crucial for importers and exporters to be aware of these programs and their eligibility criteria to benefit from reduced tariffs or duty-free treatment.
While the data provided does not specify exporting US states, it does mention the Virgin Islands as an importing US state for Rum and Tafia products classified under HS Code 22084060. This indicates that the Virgin Islands have a significant demand for these alcoholic beverages.
Overall, understanding the HS Code 22084060 is essential for importers, exporters, and traders involved in the international Rum and Tafia market. Being aware of the product description, duty rates, quantity unit, and special tariff preference programs will help facilitate smooth and compliant trade transactions.