Cane and beet sugar syrups are popular ingredients used in a wide range of food and beverage products worldwide. These syrups, categorized under HS Code 99041773, are specifically defined as blended syrups of cane or beet sugar. In this article, we will explore the product description, tariff rates, quantity units, and special tariff preference programs associated with this HS code.
The product description for HS Code 99041773 refers to blended syrups made from cane or beet sugar. These syrups are commonly used as sweeteners in various food and beverage applications. Blending cane and beet sugar allows for unique flavor profiles and characteristics that cater to different culinary preferences.
These syrups fall under the broader category of sugar preparations, which are further classified under the specific subheading 1702.20.28. This subheading helps identify and differentiate blended syrups from other sugar preparations.
The bound / MFN (Most Favored Nation) duty rate for HS Code 99041773 is 5.6 cents per kilogram (kg) of total sugars. It is important to note that the duty rate is not fixed and can vary depending on trade agreements and negotiations between countries.
Additionally, the duty rate is subject to a 1.7% increase every time a country lowers a trade barrier or opens up a market. This provision ensures that any trade benefits granted to a specific country are extended to all trading partners, promoting fair and equitable trade practices.
The quantity unit for HS Code 99041773 is kilograms of total sugars (KTS). This unit of measurement allows for accurate and standardized assessment of the quantity of blended syrups being imported or exported.
By using kilograms as the quantity unit, it becomes easier for customs authorities and traders to determine the amount of blended syrups involved in international trade transactions. This facilitates efficient logistics and ensures compliance with trade regulations.
Various countries have established special tariff preference programs to promote trade and economic cooperation. These programs aim to provide preferential treatment, such as reduced or zero-duty rates, to specific products or trading partners.
HS Code 99041773 may be eligible for inclusion in such special tariff preference programs. The exact eligibility criteria and benefits offered depend on the specific programs implemented by individual countries.
When importing blended syrups of cane or beet sugar under HS Code 99041773 into the United States, it is essential to consider the specific regulations and requirements of individual states. Each state may have additional documentation, labeling, or licensing requirements that must be met to ensure compliance with local laws.
Similarly, when exporting blended syrups of cane or beet sugar from the United States under HS Code 99041773, it is crucial to be aware of the regulations and requirements of the destination country. Different countries may have varying import restrictions, labeling standards, or certification processes that need to be fulfilled.
By adhering to the specific requirements of importing and exporting states, businesses can ensure smooth and efficient cross-border trade transactions, minimizing the risk of delays or non-compliance.
HS Code 99041773 pertains to blended syrups of cane or beet sugar. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this code is essential for businesses engaged in international trade of these sugar syrups. By staying informed and complying with relevant regulations, traders can navigate the global market with confidence and maximize their trade opportunities.