When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in defining and categorizing various products. HS Code 99170430 specifically pertains to Peru goods in subheading 1806.20.82, which are above the US Note 4 limit. Let's delve deeper into this HS Code and understand its significance in international trade.
The product description associated with HS Code 99170430 indicates that it pertains to goods originating from Peru and falls under subheading 1806.20.82. Subheadings are more specific categories within a broader product category. In this case, the goods in question belong to the category of sugar confectionery (including white chocolate) and contain cocoa.
To be more precise, the HS Code 99170430 covers specific types of sugar confectionery products that contain cocoa and meet the criteria set out in subheading 1806.20.82. These products may include a variety of items such as chocolate bars, candies, or other confectionery items.
Every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This principle, known as the Most Favored Nation (MFN) principle, ensures that countries treat all their trading partners equally.
The duty rate associated with HS Code 99170430 is subject to the MFN principle. However, the specific duty rate for this HS Code may vary depending on the importing and exporting countries involved in the trade transaction. It is important for traders and importers/exporters to stay up-to-date with the applicable duty rates to ensure compliance and optimize their trade operations.
Unfortunately, the provided data does not mention the quantity unit associated with HS Code 99170430. The quantity unit is a crucial piece of information that helps determine the measurement or unit of the goods being traded. It could be kilograms (kg), liters (L), pieces, or any other relevant unit of measurement.
Special tariff preference programs are trade agreements or arrangements that offer reduced or zero-duty rates for specific goods traded between certain countries. These programs aim to promote economic cooperation, incentivize trade, and boost economic development.
While the provided data does not mention any specific special tariff preference programs associated with HS Code 99170430, it is important for traders and importers/exporters to explore and leverage such programs to benefit from reduced duty rates and preferential treatment.
The data does not provide information about the specific importing and exporting US states involved in the trade of goods associated with HS Code 99170430. However, it is worth noting that international trade occurs between different countries and their respective regions or states. Understanding the importing and exporting states can be helpful for trade analysis, logistics planning, and identifying potential market opportunities.
HS Code 99170430 relates to Peru goods falling under subheading 1806.20.82, which are above the US Note 4 limit. Traders and importers/exporters dealing with these goods should be aware of the related duty rates, quantity units, and explore any available special tariff preference programs. Understanding the intricacies of HS Codes is essential for successful international trade operations and compliance with trade regulations.