The HS Code 99040571 refers to the import and export of Cheddar cheese. Cheddar cheese falls under the category of dairy products and is classified under several sub-categories within the HS code system, namely 0406.10.28, 0406.20.33, 0406.20.67, 0406.30.28, 0406.30.67, and more. In this article, we will delve into the details of this HS code and explore various aspects related to the import and export of Cheddar cheese.
Cheddar cheese, as mentioned earlier, is the product covered by HS Code 99040571. Cheddar cheese is a type of hard, smooth-textured cheese with a slightly crumbly texture. It is made from cow's milk and has a distinct flavor. The HS code system provides specific codes for different varieties and forms of Cheddar cheese.
The specific sub-categories mentioned in the product description, such as 0406.10.28 and 0406.20.33, help in identifying the specific type or form of Cheddar cheese being imported or exported. These sub-categories may represent different levels of maturity, packaging methods, or other variations in the product.
The entered value safe period for Cheddar cheese under this HS code is $1.75-$1.849 per kilogram. This indicates the acceptable range of prices for Cheddar cheese imports or exports under this code.
The bound / MFN duty rate for Cheddar cheese under HS Code 99040571 is 3.5 cents per kilogram. This rate applies to the import and export of Cheddar cheese, regardless of the country of origin or destination.
The concept of bound duty rate refers to the maximum rate of duty that a country can impose on a particular product. It acts as a ceiling and provides a predictable framework for international trade. The MFN (Most Favored Nation) duty rate means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This principle ensures fair treatment and non-discrimination in international trade.
The quantity unit for Cheddar cheese under HS Code 99040571 is kilograms (KG). This means that the import or export quantity of Cheddar cheese is measured in kilograms.
Special tariff preference programs may be available for Cheddar cheese imports or exports under HS Code 99040571. These programs offer certain advantages or benefits, such as reduced duty rates or exemptions, to eligible importers or exporters. However, specific details regarding any applicable special tariff preference programs for Cheddar cheese under this HS code are not mentioned in the available data.
The import and export of Cheddar cheese under HS Code 99040571 involve various US states. The specific states engaged in importing or exporting Cheddar cheese may vary depending on market demand, production capabilities, and trade relationships.
For Cheddar cheese imports, US states with a high demand for this product may include California, Texas, New York, Illinois, and Florida. These states have a significant consumer base and culinary industry that drives the demand for Cheddar cheese.
Regarding Cheddar cheese exports, US states known for their dairy industry and Cheddar cheese production may take part in exporting. States like Wisconsin, Vermont, New York, California, and Oregon are known for their high-quality Cheddar cheese production and may contribute to the export market.
It's important to note that the import and export of Cheddar cheese involve a complex network of suppliers, distributors, and consumers, and the specific states involved may vary over time.
HS Code 99040571 covers the import and export of Cheddar cheese. Understanding the product description, bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code can assist importers, exporters, and policymakers in facilitating smooth and compliant international trade of Cheddar cheese.