The HS Code 06011045 refers to the product description of Lily bulbs in a dormant state. This code is used to classify and identify these specific goods for international trade purposes. It provides a standardized system for customs authorities and traders to understand the nature of the product being imported or exported.
When importing or exporting Lily bulbs, it is necessary to use the HS Code 06011045 to ensure proper classification and accurate documentation. This code helps in determining the applicable customs duties, taxes, and regulations associated with the trade of Lily bulbs.
The bound / MFN (Most Favored Nation) duty rate for HS Code 06011045 is 55.7 cents per 1000 units. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for Lily bulbs is number (NO), which indicates that the units are counted individually rather than by weight or volume.
There are several special tariff preference programs available for Lily bulbs classified under HS Code 06011045. These programs provide duty-free treatment or reduced rates for certain countries. The following countries have special tariff preferences for Lily bulbs:
It is important for traders and importers/exporters to be aware of these special tariff preference programs as they can have significant cost and competitive advantages in the international market.
When importing Lily bulbs classified under HS Code 06011045 to the United States, it is essential to consider the specific regulations and requirements of the importing US states. Each state may have additional regulations or restrictions on the importation of plants or agricultural products. It is necessary to comply with these regulations to ensure smooth customs clearance and avoid any penalties or delays.
Similarly, when exporting Lily bulbs from the United States, it is important to consider the regulations and requirements of the destination country. Different countries may have specific phytosanitary requirements or import restrictions for plant products. It is crucial to comply with these requirements to facilitate smooth export processes and maintain good trade relations.
the HS Code 06011045 for Lily bulbs in a dormant state is a vital classification tool for international trade. It helps in determining customs duties, identifying special tariff preference programs, and ensuring compliance with specific regulations. Traders and importers/exporters must be familiar with this code and its associated regulations to facilitate efficient and compliant trade operations.