The HS Code 02044320 refers to boneless meat of lamb that is frozen. This code is used for the classification and identification of this specific product during international trade. It is important to correctly identify and classify products using the HS code, as it helps in determining the applicable customs duties, taxes, and regulations for imports and exports.
The product description clearly states that it is boneless meat of lamb that has been frozen. This means that the meat has been processed and prepared for preservation through freezing. Freezing is a common method used to extend the shelf life of meat products and maintain their quality.
The quantity unit for this product is kilograms (KG). This indicates that the weight of the product is measured in kilograms during trade transactions. It is important to accurately measure the weight of the product to calculate the customs duties and taxes applicable.
One important aspect to consider when importing or exporting products is the bound or MFN (Most Favored Nation) duty rate. The bound duty rate for HS Code 02044320 is 0.7 cents/kg. The bound duty rate refers to the maximum customs duty rate that a country can apply on imports of a specific product. It is important to note that this rate may vary depending on trade agreements, tariff preferences, and special programs.
In the case of HS Code 02044320, there are several special tariff preference programs applicable. These programs provide preferential treatment in terms of customs duties for imports from specific countries. The following countries or regions have special tariff rates for this product: Australia (A+), Austria (AU), Bahrain (BH), Canada (CA), Chile (CL), Denmark (D), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX), Oman (OM), Portugal (P), Peru (PE), Singapore (SG).
Additionally, there are specific trade preference programs applicable to this product. These programs provide duty-free treatment for imports from eligible countries. Some of the trade preference programs applicable to HS Code 02044320 include the Africa Growth and Opportunity Act (AGOA), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), Dominican Republic-Central American Special Rate (DR-CAFTA).
When it comes to the importing and exporting states in the United States, the data provided shows that South Dakota is the importing state for this product. However, the exporting states are Iowa, Kansas, Missouri, Nebraska, North Carolina, and Oklahoma. It is important to note that this data may vary depending on the specific trade transactions and market conditions.
HS Code 02044320 refers to boneless meat of lamb that is frozen. This code is used to classify and identify the product during international trade. The code, along with the product description, quantity unit, and special tariff preference programs, helps in determining the customs duties and taxes applicable. Understanding the HS code system is crucial for importers, exporters, and customs authorities to ensure smooth and compliant international trade.