When it comes to international trade, the Harmonized System (HS) code plays a crucial role in classifying products. In this article, we will delve into HS Code 99040591, which is assigned to Edam & Gouda cheeses. These delicious cheeses are classified under various subheadings such as 0406.10.48, 0406.20.48, 0406.20.75, 0406.30.48, and 0406.30.75, among others.
Imported Edam & Gouda cheeses fall under the value safeguard per. This means that their import is subject to certain measures to protect domestic industries or ensure fair competition. The price range for these cheeses is $2.45 to $2.649 per kilogram.
It is important to note that trade barriers and market openings affect the duty rates associated with HS Code 99040591. The bound or most-favored nation (MFN) duty rate for these cheeses stands at 7 cents per kilogram. This rate applies when a country lowers a trade barrier or opens up a market. It is a key principle of international trade that any such changes must be applied to all trading partners equally, ensuring fair treatment for all.
The unit of quantity for Edam & Gouda cheeses is kilograms (KG). This standard unit allows for easy measurement and comparison between different shipments of these cheeses.
Additionally, there are special tariff preference programs that may apply to the importation of these cheeses. These programs aim to promote trade and economic development between countries. Eligibility for these programs depends on various factors such as the country of origin, the destination country, and specific trade agreements in place.
When it comes to importing Edam & Gouda cheeses into the United States, different states may have varying regulations and requirements. It is crucial for importers to be aware of the specific rules and procedures in their chosen destination state.
On the other hand, for exporting Edam & Gouda cheeses from the United States, it is essential to consider the regulations and requirements of the destination country. Each country may have its own import policies and standards that need to be adhered to.
HS Code 99040591 pertains to Edam & Gouda cheeses and encompasses various subheadings. These cheeses are subject to the value safeguard per and have a specific price range per kilogram. The bound or MFN duty rate for these cheeses is 7 cents per kilogram, following the principle of equal treatment for all trading partners. The unit of quantity for these cheeses is kilograms (KG). Importers and exporters should also be aware of special tariff preference programs and the specific regulations of importing and exporting countries. By understanding HS Code 99040591 and its implications, businesses can navigate the international trade landscape more effectively and ensure compliance with relevant regulations.