HS Code 04039020: Fluid Buttermilk
Fluid buttermilk falls under the HS code 04039020. This article will provide an extensive overview of this product, including its description, quantity unit, and special tariff preference programs. We will also discuss the importing and exporting US states for this particular HS code.
Product Description:
Fluid buttermilk is a type of dairy product that is obtained as a by-product during the production of butter. It is a liquid with a tangy taste and creamy texture. Buttermilk is rich in nutrients like calcium, potassium, and vitamin B12, making it a healthy choice for consumption. It is commonly used in baking, cooking, and as a refreshing drink.
HS Code 04039020:
The HS code 04039020 is specifically assigned to fluid buttermilk. HS codes, also known as Harmonized System codes, are a standardized international system for classifying and identifying traded products. Each HS code is unique to a specific product, enabling accurate identification during customs procedures.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for fluid buttermilk under HS code 04039020 is 0.34 cents per liter. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate for the import of fluid buttermilk from all its trading partners.
Quantity Unit:
The quantity unit for fluid buttermilk is liters (L). This unit of measurement is used to quantify the volume of the product being imported or exported.
Special Tariff Preference Programs:
Fluid buttermilk under HS code 04039020 is eligible for various special tariff preference programs. These programs offer reduced or duty-free rates for imports from specific countries. The following programs apply to fluid buttermilk:
1. Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
2. Bahrain Special Rate: Specific tariff rate for imports from Bahrain.
3. NAFTA for Canada: Duty-free treatment for imports from Canada under the North American Free Trade Agreement (NAFTA).
4. Chile Special Rate: Specific tariff rate for imports from Chile.
5. Africa Growth and Opportunity Act (AGOA): Duty-free treatment for imports from eligible African countries under AGOA.
6. Caribbean Basin Initiative (CBI): Duty-free treatment for imports from eligible Caribbean countries under CBI.
7. Israel Special Rate: Duty-free treatment for imports from Israel.
8. Andean Trade Preference Act (ATPA): Duty-free treatment for imports from eligible Andean countries under ATPA.
9. Jordan Special Rate: Specific tariff rate for imports from Jordan.
10. Morocco Special Rate: Specific tariff rate for imports from Morocco.
11. NAFTA for Mexico: Duty-free treatment for imports from Mexico under NAFTA.
12. Oman Special Rate: Specific tariff rate for imports from Oman.
13. Dominican Republic-Central American Special Rate (DR-CAFTA): Specific tariff rate for imports from the Dominican Republic and Central American countries under DR-CAFTA.
14. Peru Special Rate: Specific tariff rate for imports from Peru.
15. Singapore Special Rate: Specific tariff rate for imports from Singapore.
Importing US States:
The following US states are known for importing fluid buttermilk under HS code 04039020:
- Idaho
- New Mexico
Exporting US States:
The following US states are known for exporting fluid buttermilk under HS code 04039020:
- Nevada
In summary, fluid buttermilk under HS code 04039020 is a dairy product with a tangy taste and creamy texture. It is classified under a unique HS code, 04039020, for accurate identification during customs procedures. This product is eligible for special tariff preference programs, offering reduced or duty-free rates for imports from specific countries. The importing US states for fluid buttermilk are Idaho and New Mexico, while Nevada is known for exporting this product.
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