When it comes to international trade, various codes and classifications are used to ensure proper identification and regulation of goods. One such code is the HS Code, or Harmonized System Code, which is a standardized system used globally to classify products for customs purposes. In this article, we will delve into HS Code 23099060, which pertains to animal feeds containing egg.
The product description for HS Code 23099060 states that it refers to animal feeds that contain egg, excluding mixed feeds or mixed feed ingredients, and these feeds should not include milk or milk derivatives. This HS code helps customs authorities and traders accurately identify and classify this specific type of animal feed.
It is important to note that HS codes are not merely arbitrary numbers but are based on a harmonized system established by the World Customs Organization (WCO). This allows for consistency in classifying products across different countries, facilitating international trade and ensuring proper customs duties and regulations are applied.
The bound or Most Favored Nation (MFN) duty rate for HS Code 23099060 is 1.9%. The MFN principle means that whenever 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. This ensures fair and non-discriminatory treatment in international trade.
The quantity unit for HS Code 23099060 is kilograms (KG). This means that the product is measured and traded in weight, specifically in kilograms.
When it comes to tariff preference programs, HS Code 23099060 is eligible for various special rates and benefits. These include:
These special rates and programs allow for duty-free treatment or reduced tariffs when importing or exporting goods classified under HS Code 23099060, depending on the specific trade agreements and preferences between countries.
When it comes to the importing and exporting of goods classified under HS Code 23099060, data shows that the main importing US state is Maine. On the other hand, the main exporting US states include Kansas, Missouri, Nebraska, South Dakota, Iowa, and Minnesota.
HS Code 23099060 identifies and classifies animal feeds containing egg. This code is used for customs purposes, ensuring proper regulation and classification of these products in international trade. Importantly, this HS code is eligible for various special tariff preference programs, allowing for duty-free or reduced tariff treatment under specific trade agreements. Understanding and correctly applying HS codes is crucial for traders, customs authorities, and all parties involved in international trade.