HS Code 07101000: Potatoes, uncooked or cooked by steaming or boiling in water, frozen
Potatoes are a versatile and nutritious vegetable that is enjoyed in various dishes around the world. Whether they are used to make French fries, mashed potatoes, or a hearty potato soup, potatoes are a staple in many cuisines. For those involved in the import and export of potatoes, it is essential to understand the HS Code 07101000, which specifically refers to uncooked or cooked potatoes that have been frozen.
The HS Code 07101000 provides a standardized system for classifying goods traded internationally. It helps customs authorities and traders categorize and identify products during the import and export process. In the case of potatoes, this code ensures that the correct tariff rates and special tariff preference programs are applied.
According to the data available, the bound and MFN (most-favored-nation) duty rate for HS Code 07101000 is 14%. 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. This duty rate applies to both uncooked and cooked potatoes that have been frozen.
The quantity unit for HS Code 07101000 is kilograms (KG). This unit of measurement allows for accurate tracking and calculation of the quantity of potatoes being imported or exported.
In terms of special tariff preference programs, there are several countries and regions that offer favorable treatment for the importation of HS Code 07101000. These include:
- Free Trade: Generalized System of Preferences (GSP): This program grants duty-free treatment for the importation of frozen potatoes from eligible countries.
- Bahrain Special Rate: Bahrain offers a special rate for the importation of frozen potatoes.
- NAFTA for Canada: Under the North American Free Trade Agreement, Canada enjoys duty-free treatment for the importation of frozen potatoes.
- Chile Special Rate: Chile provides a special rate for the importation of frozen potatoes.
- Africa Growth and Opportunity Act (AGOA): This program grants duty-free treatment for the importation of frozen potatoes from eligible African countries.
- Caribbean Basin Initiative (CBI): The CBI offers duty-free treatment for the importation of frozen potatoes from eligible Caribbean countries.
- Israel Special Rate: Israel provides duty-free treatment for the importation of frozen potatoes.
- Andean Trade Preference Act (ATPA): This program grants duty-free treatment for the importation of frozen potatoes from eligible Andean countries.
- Jordan Special Rate: Jordan offers a special rate for the importation of frozen potatoes.
- Morocco Special Rate: Morocco provides a special rate for the importation of frozen potatoes.
- NAFTA for Mexico: Similar to Canada, Mexico enjoys duty-free treatment for the importation of frozen potatoes under the North American Free Trade Agreement.
- Dominican Republic-Central American Special Rate (DR-CAFTA): This program grants a special rate for the importation of frozen potatoes from eligible countries in the Dominican Republic and Central America.
- Peru Special Rate: Peru offers a special rate for the importation of frozen potatoes.
It is important to note that different countries may have different special tariff preference programs in place for HS Code 07101000. Importers and exporters should consult the specific regulations and agreements between their countries to determine the applicable rates and preferential treatment.
As for the importing and exporting US states, the data provided indicates that Arizona and New Mexico are the states involved in the importation of HS Code 07101000. These states have a demand for frozen potatoes, which could be attributed to their local food industries or consumer preferences.
HS Code 07101000 refers to frozen potatoes, whether uncooked or cooked by steaming or boiling in water. It is important for importers and exporters to be familiar with this code to ensure proper classification, tariff rates, and potential benefits from special tariff preference programs. Understanding the HS Code system facilitates international trade and promotes transparency among trading partners.
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