Beans nesi, also known as beans reduced in size, are a popular food item that can be enjoyed both cooked and uncooked. In this article, we will explore the HS Code 07102240 in detail, including its product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 07102240 refers to beans nesi that are uncooked or cooked by steaming or boiling in water. These beans are then frozen and reduced in size. It is important to note that this HS code specifically pertains to this particular type of beans, and not other varieties or preparations.
The bound / MFN (Most Favored Nation) duty rate for HS Code 07102240 is 11.2%. 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 ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 07102240 is kilograms (KG). This means that the weight of the beans nesi is measured in kilograms when imported or exported.
There are several special tariff preference programs associated with HS Code 07102240. These programs offer different duty rates or duty-free treatments based on the country of origin or destination. The following are the special tariff preference programs applicable to beans nesi:
Under these special tariff preference programs, countries such as Bahrain, Canada, Chile, Israel, and Mexico enjoy duty-free treatment for importing beans nesi. Other countries have specific rates assigned to them, such as Australia with a 4.4% rate, Oman with a 6.7% rate, and Singapore with a 1.4% rate.
HS Code 07102240 applies to both importing and exporting beans nesi to and from the United States. The specific states involved in the import and export process may vary depending on the trading partners and market demand.
HS Code 07102240 covers beans nesi that are uncooked or cooked by steaming or boiling in water, frozen, and reduced in size. This code is associated with a bound / MFN duty rate of 11.2% and the quantity unit of kilograms (KG). Additionally, various special tariff preference programs offer duty-free treatment or specific rates for importing beans nesi, benefiting countries worldwide. Whether you enjoy these beans uncooked or prefer them cooked, they are a versatile and nutritious food item.