Carrots are a popular and nutritious vegetable that is enjoyed by people all over the world. They are not only delicious but also packed with essential vitamins, minerals, and dietary fiber. In international trade, carrots fall under the HS Code 07061005, which specifically refers to fresh or chilled carrots that have been reduced in size.
The HS Code 07061005 is an important classification system used globally to identify and categorize different products for customs and trade purposes. It helps ensure uniformity and clarity in international trade transactions and allows countries to apply the same rules and regulations to specific goods or services.
When importing or exporting carrots under the HS Code 07061005, it is essential to be aware of the associated duty rates. The bound or most-favored-nation (MFN) duty rate for this HS Code is 14.9%. 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, ensuring fair and equal treatment.
The quantity unit for measuring carrots under the HS Code 07061005 is kilograms (KG). This standard unit of measurement allows for accurate and consistent trade calculations, making it easier for importers and exporters to determine quantities and prices.
There are also special tariff preference programs that apply to the importation of carrots under the HS Code 07061005. These programs provide certain countries with preferential treatment, including reduced or duty-free rates. The following special tariff preference programs apply to this HS Code:
When it comes to importing carrots under the HS Code 07061005 to the United States, the data provided does not specify the exporting US states. However, it is important for importers and exporters to be aware of the specific requirements and regulations of the states involved in the trade. In this case, Arizona is mentioned as one of the potential importing states.
the HS Code 07061005 is a vital classification system for identifying and categorizing fresh or chilled carrots that have been reduced in size. It helps facilitate international trade by providing uniformity and clarity in customs procedures. Importers and exporters should be aware of the associated duty rates and special tariff preference programs to ensure compliance and take advantage of any available benefits.