When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products. In this article, we will delve into the HS Code 99040207, which represents beef carcasses, fresh or chilled, imported under specific conditions. Let's explore the details of this HS Code and its implications.
The HS Code 99040207 corresponds to beef carcasses, fresh or chilled, falling under the subheadings 0201.10.50 and 0201.20.80. These subheadings specifically refer to beef carcasses imported during the value safeguard period, with a price range of $1.25 to $1.449 per kilogram.
The bound / MFN duty rate for the HS Code 99040207 is 2.8 cents per kilogram. This duty rate applies whenever a country reduces a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners are subject to the same duty rate.
The quantity unit for the HS Code 99040207 is kilograms (KG). This means that the weight of the beef carcasses imported under this HS Code is measured in kilograms.
Special tariff preference programs are trade agreements or arrangements that provide certain benefits or preferences to specific products or countries. While the specific details of such programs may vary, they aim to facilitate trade and promote economic cooperation.
These are just a few examples of the importing and exporting US states involved in trade under the HS Code 99040207. The specific states may vary depending on various factors, including supply and demand, transportation logistics, and market preferences.
the HS Code 99040207 encompasses beef carcasses, fresh or chilled, imported under specific conditions. Understanding the HS Code and its associated details is essential for both importers and exporters to navigate the complexities of international trade. By adhering to the appropriate HS Codes, countries can ensure fair trade practices and promote global economic growth.