Infant formula containing oligosaccharides falls under the HS code 99041904. This code is used to classify and identify specific products for international trade purposes. In this article, we will explore the details of this HS code and the product it represents.
The product description for HS code 99041904 is infant formula containing oligosaccharides. Oligosaccharides are a type of carbohydrate that can be found in breast milk and are known to have various health benefits for infants. This particular infant formula is categorized under two subheadings: 1901.10.30 and 1901.10.75.
When importing infant formula containing oligosaccharides under HS code 99041904, it is important to note that it is entered in a value safeguard period. The value safeguard period for this product is set at $1.05-$1.249 per kilogram. This means that the import value of the product should fall within this range to comply with the regulations.
Bound / MFN duty rate for HS code 99041904 is 40.2 cents per kilogram. The bound duty rate refers to the maximum rate of duty that a country can impose on a particular product. In the case of infant formula containing oligosaccharides, the bound duty rate is set at 40.2 cents per kilogram. It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market. This ensures that all trading partners are treated equally when it comes to the importation of this product.
The quantity unit for HS code 99041904 is kilograms (KG). This unit is used to measure the weight of the product being imported or exported. When dealing with infant formula containing oligosaccharides, the weight of the product is measured in kilograms.
There are also special tariff preference programs that may apply to the importation of infant formula containing oligosaccharides under HS code 99041904. These programs are designed to provide certain benefits or incentives to importers or exporters. It is important to research and understand these programs to take advantage of any potential benefits they may offer.
When importing infant formula containing oligosaccharides under HS code 99041904, it is crucial to consider the importing and exporting US states. Different states may have different regulations and requirements for the importation of this product. It is essential to comply with all relevant state laws and regulations to ensure a smooth importation process.
HS code 99041904 represents infant formula containing oligosaccharides. This code is used to classify and identify the product for international trade purposes. Understanding the details of this code, including the product description, value safeguard period, duty rate, quantity unit, and special tariff preference programs, is crucial for importers and exporters of infant formula containing oligosaccharides.