HS Code 99040648 refers to certain cheeses, specifically those classified under the subheadings 0406.10.08, 0406.10.88, 0406.20.91, 0406.30.91, and 0406.90.97. These cheeses are subject to specific regulations and trade policies, particularly when imported into various countries.
The cheeses covered by HS Code 99040648 are categorized based on their composition, flavor, and manufacturing processes. They can include various types of cheese such as cheddar, mozzarella, blue cheese, and more. The specific subheadings mentioned in the HS Code help differentiate between the different types and varieties of cheese.
It is important to note that the cheeses covered by this HS Code are subject to a value safeguard period. This means that if the value of these cheeses falls below a certain threshold, which is set at $2.30 per kilogram, additional measures may be implemented to protect domestic producers.
The Bound / MFN (Most Favored Nation) duty rate for HS Code 99040648 refers to the rate of duty that applies to these cheeses when imported into a country. The MFN principle ensures that every time 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.
This means that the duty rate for the cheeses covered by HS Code 99040648 will be the same for all countries, promoting fair and equal trade practices. It provides a level playing field for importers and exporters of these cheeses, regardless of their country of origin.
The quantity unit for HS Code 99040648 is kilograms (KG). This means that the measurement and valuation of these cheeses for import and export purposes are based on their weight in kilograms. It is an internationally recognized unit of measurement that allows for accurate and consistent trade data.
Special tariff preference programs may be available for the cheeses covered by HS Code 99040648. These programs provide certain benefits or exemptions from import duties for eligible importers or exporters. The specific programs available may vary depending on the country and the trade agreements it has in place.
Importing and exporting US states play a crucial role in the trade of these cheeses. The specific regulations and requirements for importing and exporting these cheeses may vary between states within the United States. It is important for businesses involved in the trade of these cheeses to familiarize themselves with the specific regulations of the states they operate in.
HS Code 99040648 encompasses certain cheeses that are subject to specific regulations and trade policies. Understanding the product description, bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS Code is essential for importers and exporters of these cheeses. By adhering to these regulations and taking advantage of available trade programs, businesses can effectively navigate the international cheese trade and ensure compliance with relevant customs procedures.