The HS Code 99040462 refers to dairy products that fall under various subcategories such as 0404.10.15, 1517.90.60, 1704.90.58, 1806.20.82, 1806.20.83, 1806.32.70, and more. These products have an entered value safe period of $0.70-$0.899 per kilogram (kg).
When it comes to trade barriers and market openings, every country must maintain the principle of most-favored-nation (MFN) treatment. This 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. In the case of HS Code 99040462, the bound or MFN duty rate is 24.4 cents per kg.
The quantity unit for these dairy products is kilograms (KG). This unit is used to measure the weight or quantity of the imported or exported dairy products. It is important to accurately measure the quantity to ensure fair trade and compliance with regulations.
There are also special tariff preference programs that may apply to the import or export of dairy products under HS Code 99040462. These programs provide certain benefits or preferential treatment to specific countries or regions. Importing and exporting US states may participate in these programs to promote trade and economic cooperation.
It is crucial for businesses and individuals involved in the import or export of dairy products to be aware of the HS Code 99040462 and its corresponding regulations. This code serves as a standardized system for classifying products, facilitating international trade, and ensuring proper customs procedures.
When importing or exporting dairy products under HS Code 99040462, it is essential to comply with the relevant regulations, including tariff rates, quantity measurements, and any special programs or preferences. Failure to comply with these regulations may result in penalties or disruptions to trade.
HS Code 99040462 pertains to dairy products and encompasses various subcategories. It is important to understand the specific regulations and requirements associated with this code to ensure smooth and compliant trade in the import and export of dairy products.