The Harmonized System (HS) Code 99170454 pertains to Peru goods falling under subheading 0406.10.38 or similar cheese articles that are subject to the US Note 5(b) limit. This code is used for the classification and identification of specific products in international trade. In this article, we will explore the details of this HS code and its implications for import and export activities.
The product description associated with HS Code 99170454 indicates that it covers cheese articles originating from Peru that fall under subheading 0406.10.38. It is important to note that these goods are subject to the US Note 5(b) limit. The HS code provides a standardized way of identifying and categorizing these products, ensuring consistency and ease of international trade.
When it comes to the bound or most-favored-nation (MFN) duty rate, it refers to the rate of duty that is applied to imports of a particular product. In the context of HS Code 99170454, the duty rate would depend on the regulations set by each country. However, it is important to note 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 principle ensures fair and equal treatment among trading nations.
The quantity unit associated with HS Code 99170454 is not specified in the available data. However, it is likely to vary depending on the specific product being imported or exported. Common quantity units in international trade include kilograms (kg), liters (L), units (U), and more. The specific quantity unit for this HS code can be determined based on the product being traded.
Special tariff preference programs may also apply to HS Code 99170454. These programs are aimed at promoting trade and providing preferential treatment to certain countries or products. In the case of Peru goods falling under subheading 0406.10.38 or like cheese articles, there may be specific tariff preferences or agreements in place that offer reduced duty rates or other benefits for imports or exports. It is advisable to consult the relevant trade agreements or programs to determine the specific benefits applicable to this HS code.
Importing US states and exporting US states are important considerations when dealing with HS Code 99170454. The importing US states refer to the states within the United States where these goods are being imported, while the exporting US states represent the states from which these goods are being exported. These details are crucial for customs and regulatory purposes, as different states may have specific requirements or regulations governing the importation or exportation of certain products.
HS Code 99170454 pertains to Peru goods falling under subheading 0406.10.38 or similar cheese articles that are subject to the US Note 5(b) limit. This HS code allows for the standardized classification and identification of these products in international trade. Understanding the implications of this HS code, such as the bound/MFN duty rate, quantity unit, special tariff preference programs, and the importing/exporting US states, is essential for businesses and individuals involved in importing or exporting these goods. By adhering to the regulations and requirements associated with this HS code, international trade can be conducted smoothly and efficiently.