HS Code 99040557: Blue Mold Cheese
Blue mold cheese falls under HS Code 99040557. It is imported and exported in various quantities from different countries. This article aims to provide extensive information about the HS Code, including its product description, bound/MFN duty rate, quantity unit, and special tariff preference programs.
Product Description:
Blue mold cheese, classified under HS Code 99040557, can be found in different varieties. The specific subheadings for this product are 0406.10.18, 0406.20.28, 0406.20.63, 0406.30.18, 0406.30.63, and so on. These subheadings indicate the type and classification of blue mold cheese imported or exported. It is essential to correctly identify the specific subheading to ensure accurate classification and pricing of the product.
Value Safeguard Period:
When the value of blue mold cheese falls under HS Code 99040557 exceeds $3.50 per kilogram, it enters the value safeguard period. This period aims to protect domestic producers from excessive import competition and maintain a fair trade environment. During this period, additional measures may be implemented to regulate the import of blue mold cheese, such as additional duties or quotas.
Bound/MFN Duty Rate:
The bound/MFN duty rate for HS Code 99040557 refers to the duty rate applicable to all trading partners of a country. It ensures that when a country lowers a trade barrier or opens up a market, it must do so consistently for the same goods or services from all its trading partners. This principle promotes fairness and non-discrimination in international trade.
Quantity Unit:
The quantity unit for blue mold cheese under HS Code 99040557 is kilograms (KG). This unit of measurement is used to determine the quantity of blue mold cheese being imported or exported. It ensures consistency and uniformity in trade transactions involving this product.
Special Tariff Preference Programs:
Importing and exporting blue mold cheese under HS Code 99040557 may qualify for special tariff preference programs. These programs provide certain benefits and incentives to promote trade between specific countries or regions. Examples of such programs include free trade agreements (FTAs), preferential trade agreements (PTAs), and regional trade blocs. It is crucial for importers and exporters to be aware of these programs to take advantage of any reduced tariffs or other advantages they may offer.
Importing and Exporting US States:
The import and export of blue mold cheese under HS Code 99040557 occur between various states in the United States. The specific states involved in these trade transactions may vary depending on market demand, production capacity, and regional preferences. Some prominent importing states may include California, New York, Texas, and Illinois, while exporting states may include Wisconsin, Vermont, California, and Oregon.
HS Code 99040557 pertains to blue mold cheese and encompasses various subheadings, value safeguard periods, bound/MFN duty rates, quantity units, and special tariff preference programs. Understanding these aspects is crucial for accurate classification, pricing, and trade facilitation of blue mold cheese. Importers, exporters, and industry stakeholders should stay updated on any changes in regulations and take advantage of available trade programs to optimize their operations.
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