The HS Code 99040210 refers to beef carcasses, and other cuts of beef, that are frozen. This code specifically applies to products that are classified under subheadings 0202.10.50 and 0202.20.80. It is important to note that these products have entered the value safeguard period, which means that they are subject to specific pricing regulations.
The value safeguard period for these beef carcasses ranges from $0.15 to $0.349 per kilogram. This means that the price of these products must fall within this range when imported or exported. It is crucial for traders and importers to be aware of these pricing regulations to ensure compliance with the relevant authorities.
When it comes to the duty rate for HS Code 99040210, the bound or most-favored-nation (MFN) duty rate is 62.7 cents per kilogram. This rate applies every time a country lowers a trade barrier or opens up a market. The principle behind this duty rate is that if a country reduces tariffs or other barriers for a specific product, it must do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 99040210 is kilograms (KG). This means that the weight of the beef carcasses and cuts is measured in kilograms for import and export purposes. Traders and importers must accurately declare the weight of the products to ensure proper documentation and compliance with regulations.
It is also worth mentioning that there are special tariff preference programs that may apply to HS Code 99040210. These programs aim to promote trade and provide certain benefits to specific countries or regions. Importing and exporting US states may have different regulations and requirements for products classified under this HS Code. Therefore, it is important for traders and importers to familiarize themselves with the specific regulations of the states involved in the trade.
In summary, HS Code 99040210 refers to frozen beef carcasses and cuts. The code specifies the subheadings under which these products fall and the value safeguard period that determines their pricing range. The bound or MFN duty rate is applicable to these products, and it is important to accurately declare the weight of the products in kilograms. Traders and importers should also be aware of any special tariff preference programs and the specific regulations of the importing and exporting US states.