HS Code 04013050: Milk and cream, not concentrated, not sweetened, fat content o/45%
Milk and cream are popular dairy products that are consumed worldwide. They are used in various culinary preparations and are also highly nutritious. HS Code 04013050 refers to milk and cream that are not concentrated, not sweetened, and have a fat content of less than or equal to 45%. This code falls under Chapter 4 of the Harmonized System (HS) and is subject to additional regulations outlined in US Note 6.
The HS code system is an internationally recognized classification system used for the uniform identification and classification of products in international trade. It helps in the smooth flow of goods across borders by providing a standardized classification for customs purposes.
When importing milk and cream with HS Code 04013050 into the United States, certain duties may apply. The bound or Most Favored Nation (MFN) duty rate for this product is 12.3 cents per kilogram. This means 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.
The quantity unit for milk and cream under this HS code is liters (L). This unit of measurement helps in accurately determining the quantity of the product being imported or exported.
However, there are special tariff preference programs that provide certain countries with duty-free treatment for imports under HS Code 04013050. These programs include:
1. A+ (Least Developed Beneficiary Developing Countries): Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading are eligible for duty-free treatment.
2. BH (Bahrain Special Rate): Imports from Bahrain are eligible for duty-free treatment under a specific trade agreement.
3. CA (NAFTA for Canada): Imports from Canada are eligible for duty-free treatment under the North American Free Trade Agreement (NAFTA).
4. CL (Chile Special Rate): Imports from Chile are eligible for duty-free treatment under a specific trade agreement.
5. D (Africa Growth and Opportunity Act - AGOA): Imports from countries eligible under AGOA are eligible for duty-free treatment.
6. E (Caribbean Basin Initiative - CBI): Imports from countries eligible under the CBI are eligible for duty-free treatment.
7. IL (Israel Special Rate): Imports from Israel are eligible for duty-free treatment under a specific trade agreement.
8. J (Andean Trade Preference Act - ATPA): Imports from countries eligible under the ATPA are eligible for duty-free treatment.
9. JO (Jordan Special Rate): Imports from Jordan are eligible for duty-free treatment under a specific trade agreement.
10. MA (Morocco Special Rate): Imports from Morocco are eligible for duty-free treatment under a specific trade agreement.
11. OM (Oman Special Rate): Imports from Oman are eligible for duty-free treatment under a specific trade agreement.
12. P (Dominican Republic-Central American Special Rate - DR-CAFTA): Imports from countries eligible under the DR-CAFTA are eligible for duty-free treatment.
13. PE (Peru Special Rate): Imports from Peru are eligible for duty-free treatment under a specific trade agreement.
14. SG (Singapore Special Rate): Imports from Singapore are eligible for duty-free treatment under a specific trade agreement.
These special tariff preference programs encourage trade and economic cooperation between the United States and the countries mentioned above. By providing duty-free treatment, they aim to promote economic development and foster stronger trade relationships.
In terms of importing and exporting milk and cream under HS Code 04013050, it is important to consider the specific regulations and requirements of both the importing and exporting US states. Different states may have additional regulations or licensing requirements for the importation of dairy products. It is crucial to comply with these regulations to ensure a smooth and legal trade process.
HS Code 04013050 refers to milk and cream that are not concentrated, not sweetened, and have a fat content of less than or equal to 45%. This HS code is subject to specific duty rates when importing into the United States. However, certain countries and trade agreements provide duty-free treatment for imports under this code. Understanding the regulations and requirements of both the HS code and the importing/exporting states is essential for a successful trade in milk and cream.
More on HS code 04013050
