HS Code 99170453 refers to Peru goods in subheading 0406.10.28 or similar cheese articles that are subject to the US Note 5(b) limit. This code is used to classify and track the import and export of these specific products.
When it comes to international trade, it is essential to have a standardized system for classifying goods. The Harmonized System (HS) provides a universally recognized framework to categorize products based on a six-digit code. The HS Code 99170453 is just one example of these codes, which are used globally to facilitate trade and ensure consistency in customs procedures.
The product description associated with HS Code 99170453 specifies that it covers Peru goods falling under subheading 0406.10.28 or similar cheese articles. This means that any cheese products imported or exported from Peru that fall within this specific subheading or meet the criteria of similar cheese articles are classified under this HS Code.
It is worth noting that the US Note 5(b) limit applies to these cheese articles. This note refers to the U.S. regulations that impose restrictions or limitations on the importation of certain goods. In the case of HS Code 99170453, the limit set by US Note 5(b) affects the trade of Peru goods in subheading 0406.10.28 or similar cheese articles.
When importing or exporting goods, it is important to consider the bound or most-favored-nation (MFN) duty rate. The bound duty rate is the maximum rate of duty that a country can impose on a particular product. The MFN duty rate, on the other hand, is the rate applied to a product when imported from any country with most-favored-nation status.
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 principle of non-discrimination ensures fair and equal treatment in international trade. By having consistent bound or MFN duty rates, countries can avoid unfair trade practices and promote transparency in their trading relationships.
Unfortunately, the provided data does not specify the quantity unit associated with HS Code 99170453. However, it is common for HS Codes to include information about the quantity or measurement unit for the products they represent. This helps in determining the value, volume, or weight of the goods being traded.
Special tariff preference programs may also apply to HS Code 99170453. These programs are designed to promote trade between countries by offering preferential treatment, such as reduced or zero tariffs, to specific products. For example, a bilateral or regional free trade agreement may provide special tariff preferences for certain goods, including cheese articles falling under HS Code 99170453.
When importing goods into the United States, different states may have varying regulations and requirements. Importers need to be aware of the specific rules and procedures of the states they are importing into. Similarly, when exporting goods from the United States, it is important to understand the regulations of the destination country. Compliance with these regulations ensures smooth and seamless trade between importers and exporters.
HS Code 99170453 is used to classify Peru goods in subheading 0406.10.28 or similar cheese articles subject to the US Note 5(b) limit. This code facilitates trade by providing a standardized classification system for these specific products. It is essential for importers, exporters, and customs authorities to understand and comply with the regulations associated with this HS Code to ensure smooth international trade.