Italian-type cheeses hold a significant place in the culinary world, renowned for their rich flavors and diverse textures. These cheeses are classified under the HS Code 99040600, encompassing various subcategories such as 0406.10.58, 0406.20.53, 0406.20.79, 0406.30.79, and 0406.90.33. In this article, we will explore the details of this HS Code, including product description, duty rates, quantity units, and special tariff preference programs.
The HS Code 99040600 covers Italian-type cheeses. It includes a wide range of cheese varieties that are produced in a manner similar to traditional Italian cheeses. These cheeses are known for their exceptional taste, versatility, and quality. Some popular examples of Italian-type cheeses include Parmigiano-Reggiano, Mozzarella, Provolone, and Gorgonzola.
Italian-type cheeses are classified under different subcategories within the HS Code, depending on their specific characteristics and production methods. The subcategories mentioned earlier, such as 0406.10.58, 0406.20.53, etc., help further classify and differentiate the various types of Italian-style cheeses.
When importing Italian-type cheeses under the HS Code 99040600, it is crucial to consider the value safeguard measure. The value safeguard per unit for these cheeses is set at $2.35-$2.649 per kilogram (KG). This value safeguard ensures fair competition and trade practices by preventing the importation of goods at significantly lower prices that may harm domestic producers.
The bound / most-favored-nation (MFN) duty rate for Italian-type cheeses under the HS Code 99040600 is 23.6 cents per kilogram (KG). This duty rate ensures that every country, when lowering trade barriers or opening up their markets, must do so consistently for the same goods or services from all their trading partners. It promotes fair and equitable trade practices among nations.
The quantity unit for Italian-type cheeses under the HS Code 99040600 is kilograms (KG). This unit of measurement is universally recognized and facilitates accurate trade and commerce of these cheeses. Importers and exporters can easily determine the weight of the cheeses to ensure proper pricing and logistics.
Various special tariff preference programs may apply to Italian-type cheeses imported under the HS Code 99040600. These programs aim to promote trade and economic cooperation between countries by providing preferential treatment to certain goods. Importing US states and exporting US states may have specific programs in place to encourage the importation and consumption of Italian-type cheeses.
It is essential for importers and exporters to stay informed about these programs and take advantage of any available benefits. By utilizing special tariff preference programs, businesses can enhance their competitiveness and gain access to cost-saving measures, ultimately benefiting both producers and consumers.
the HS Code 99040600 represents Italian-type cheeses, encompassing various subcategories. Importers and exporters should familiarize themselves with the product description, duty rates, quantity units, and special tariff preference programs associated with this HS Code. By understanding the intricacies of this code, businesses can navigate the import-export process more effectively and contribute to the growth of the Italian cheese industry.