Beef, boneless, falling under HS Code 99040227, is a specific type of beef product that is categorized under the Harmonized System (HS) codes 0201.30.80 and 0202.30.80. This HS code is used to identify and classify this particular product for international trade purposes. In this article, we will explore the details of this HS code, including its description, duty rates, quantity unit, and any special tariff preference programs associated with it.
The product description for HS Code 99040227 is "Beef, boneless, in 0201.30.80 & 0202.30.80, entered in value safeguard period, under $0.30/kg." This description specifies that the beef is boneless and falls within the HS codes 0201.30.80 and 0202.30.80. It is also mentioned that the beef has entered a value safeguard period and is priced at under $0.30 per kilogram.
The bound / Most Favored Nation (MFN) duty rate for HS Code 99040227 is 75.3 cents per kilogram. This duty rate is applicable every time a country lowers a trade barrier or opens up a market. It is important to note that when a country makes changes to its trade policies, it must do so consistently for the same goods or services from all its trading partners. This ensures fair and equal treatment in international trade.
The quantity unit for HS Code 99040227 is kilograms (KG). This means that the measurement and pricing of this beef product are based on its weight in kilograms.
Special tariff preference programs may be available for HS Code 99040227. These programs are designed to promote economic growth, development, and trade between countries. They often involve reduced or eliminated tariff rates for specific products, including beef. However, it is important to research and understand the specific programs and their eligibility criteria to take advantage of any potential benefits.
As an imported product, HS Code 99040227 may be received by various states within the United States. The specific importing states may vary depending on factors such as demand, distribution networks, and trade agreements. It is essential for importers and traders to be aware of the regulations and requirements of the states they will be importing this beef product into.
HS Code 99040227 may be exported from the United States to various countries around the world. The specific exporting states within the US may differ based on factors such as production capacity, transportation infrastructure, and trade relationships. Exporters should be familiar with the regulations and documentation required for exporting this beef product from their respective states.
HS Code 99040227 represents boneless beef falling within the HS codes 0201.30.80 and 0202.30.80. This code helps in identifying and classifying the product for international trade purposes. Understanding the product description, duty rates, quantity unit, and any special tariff preference programs associated with this HS code is crucial for importers, exporters, and traders involved in the beef industry.