Harmonized System Codes • Schedule B • Harmonized Commodity Description

An Introduction to HS Code 02023006: Bovine Meat Cuts, Boneless, Frozen

HS Code 02023006 refers to a specific category of products known as bovine meat cuts. These cuts are boneless, not processed, and frozen. The classification of this product falls under the guidelines of general note 15 of the Harmonized Tariff Schedule (HTS).

Understanding the Bound/MFN Duty Rate

The bound/MFN (Most Favored Nation) duty rate for HS Code 02023006 is 4.4 cents/kg. This rate implies 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 for all trading partners.

Quantity Unit: Kilograms (KG)

The quantity unit for this product is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of goods being imported or exported.

Special Tariff Preference Programs

HS Code 02023006 is eligible for various special tariff preference programs. These programs provide certain benefits, such as duty-free treatment or reduced duty rates, to specific countries or products. The following programs apply to bovine meat cuts under this HS code:

• Free: Only imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment.
• Australia Special Rate: Australia has a special rate for this product, which may differ from the general duty rate.
• Bahrain Special Rate: Bahrain offers a special rate for bovine meat cuts under HS Code 02023006.
• NAFTA for Canada: Canada, as part of the NAFTA (North American Free Trade Agreement), grants duty-free treatment to these imports.
• Chile Special Rate: Chile has a special rate for bovine meat cuts under this HS code.
• Africa Growth and Opportunity Act (AGOA): Under this program, eligible countries receive duty-free treatment for certain goods, including bovine meat cuts.
• Israel Special Rate: Israel offers duty-free treatment for bovine meat cuts imported under HS Code 02023006.
• Andean Trade Preference Act (ATPA): Certain countries are eligible for duty-free treatment under the ATPA when importing bovine meat cuts.
• Jordan Special Rate: Jordan provides a special rate for bovine meat cuts under this HS code.
• Morocco Special Rate: Morocco has a special rate for this product, which may differ from the general duty rate.
• NAFTA for Mexico: Mexico, as part of the NAFTA, grants duty-free treatment to these imports.
• Oman Special Rate: Oman offers a special rate for bovine meat cuts under HS Code 02023006.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Under this program, eligible countries receive duty-free treatment for certain goods, including bovine meat cuts.
• Peru Special Rate: Peru has a special rate for bovine meat cuts under this HS code.
• Singapore Special Rate: Singapore offers a special rate for bovine meat cuts imported under HS Code 02023006.

Importing US States for HS Code 02023006

The following US states are known for importing bovine meat cuts under HS Code 02023006:

• District of Columbia
• South Dakota
• Hawaii

Exporting US States for HS Code 02023006

The following US states are known for exporting bovine meat cuts under HS Code 02023006:

• Colorado
• Hawaii
• Iowa
• Kansas
• Nebraska
• South Dakota
• Utah

HS Code 02023006 plays a significant role in international trade, particularly for the import and export of bovine meat cuts. Understanding the details and regulations surrounding this HS code is crucial for businesses and traders involved in the meat industry.