HS Code 99040455 refers to dairy products that fall under several subheadings, including 0402.29.50, 0402.29.99, 0403.10.50, 0403.10.90, 0403.10.95, 1901.10.40, 1901.10.85, and 2202.90.28. These codes represent different types of dairy products and their specific classifications for import and export purposes.
The entered value for these dairy products falls within the safe period range of $1.85 to $2.049 per kilogram. This value is crucial for importers and exporters to determine the cost and profitability of trading these dairy products.
When it comes to trade barriers and market openness, the bound or most-favored-nation (MFN) duty rate for HS Code 99040455 stands at 9.6 cents per kilogram. This duty rate applies every time a country lowers a trade barrier or opens up its market. It ensures that all trading partners receive the same treatment for the same goods or services, promoting fairness and equal opportunities in international trade.
The quantity unit for HS Code 99040455 is kilograms (KG), which is the standard unit used to measure the weight of dairy products in international trade. This unit provides a common metric for importers, exporters, and regulatory agencies to accurately quantify the volume of dairy products being traded.
Furthermore, HS Code 99040455 may also be eligible for special tariff preference programs. These programs offer specific benefits and incentives to encourage the importation and exportation of certain goods. Importing and exporting US states may have different regulations and requirements for participating in these programs, so it is essential for businesses to understand and comply with the specific rules and conditions.
HS Code 99040455 represents dairy products classified under various subheadings. It indicates the specific product description, entered value safe period, bound or MFN duty rate, quantity unit, and the potential eligibility for special tariff preference programs. Importers, exporters, and regulatory agencies must familiarize themselves with the details of this HS code to ensure compliance and facilitate smooth international trade in dairy products.