The HS Code 99170457 refers to Peru goods falling under the subheading 0406.10.68 or similar cheese articles that are subject to the US note 5(b) limit. In this article, we will explore the details of this HS code and understand its implications in international trade.
Under the HS Code 99170457, the product description specifies that it pertains to cheese articles originating from Peru and falling under the subheading 0406.10.68. This subheading is used to classify specific types of cheese and cheese products for customs and trade purposes.
The mention of "like cheese articles" implies that the HS code encompasses similar products that resemble cheese articles falling under the mentioned subheading. It is essential to note that the precise classification of goods under this HS code is crucial for accurate trade documentation and compliance.
The term "Bound / MFN duty rate" refers to the maximum tariff rate agreed upon by a country under the World Trade Organization (WTO) for a specific product. The bound duty rate ensures 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.
While the specific bound duty rate for HS Code 99170457 is not mentioned in the provided data, it implies that it is subject to the general rules and regulations governing international trade. It is advisable to consult the latest tariff schedules and trade agreements between Peru and the United States for the accurate duty rate applicable to this HS code.
The data does not provide information about the quantity unit associated with HS Code 99170457. The quantity unit is essential for determining the volume or weight of the goods being traded. It could be in kilograms (kg), metric tons (MT), units, or any other relevant measurement unit.
For accurate trade transactions, it is crucial to specify the quantity unit along with the HS code to ensure clarity and consistency in international trade documents.
The provided data does not mention any specific special tariff preference programs applicable to HS Code 99170457. However, it is worth noting that various countries establish preferential trade agreements or programs to promote trade relationships and provide benefits to specific goods or trading partners.
Peru and the United States may have bilateral or multilateral trade agreements that offer preferential tariff rates, exemptions, or other advantages for goods falling under HS Code 99170457. It is advisable to consult the relevant trade agreements and programs between both countries to explore any special tariff preferences.
The data does not provide specific information about the importing and exporting US states related to HS Code 99170457. However, it is essential to understand that international trade involves the movement of goods between different countries and regions.
When importing goods under HS Code 99170457 into the United States, various states may have different regulations, licensing requirements, or specific procedures. Similarly, when exporting goods from the United States falling under this HS code, it is necessary to comply with the export regulations and documentation required by the destination country, such as Peru in this case.
It is advisable to consult the customs authorities, trade associations, or legal experts to ensure compliance with the specific regulations and requirements of the importing and exporting US states related to HS Code 99170457.
HS Code 99170457 encompasses Peru goods falling under the subheading 0406.10.68 or similar cheese articles subject to the US note 5(b) limit. Understanding the details, duty rates, quantity units, special tariff preference programs, and import/export regulations associated with this HS code is crucial for accurate and compliant international trade.