The HS Code 08140040 refers to lime peel, whether it is fresh, frozen, or in brine. This code is used to classify and categorize this particular product for international trade purposes. It is important to correctly identify and classify goods using HS codes to ensure smooth cross-border transactions and adherence to trade regulations.
The bound or most-favored-nation (MFN) duty rate for HS Code 08140040 is 1.6 cents per kilogram (kg). The MFN duty rate is applicable every time a country lowers a trade barrier or opens up a market, and it must be applied equally to the same goods or services from all trading partners.
The quantity unit for HS Code 08140040 is kilograms (KG). This unit of measurement is used to determine the weight of the lime peel being imported or exported.
There are several special tariff preference programs applicable to HS Code 08140040. These programs provide certain countries with preferential treatment, such as duty-free or reduced-duty rates. The countries eligible for these programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable conditions for specific goods.
When it comes to importing HS Code 08140040 into the United States, there are no specific restrictions or limitations mentioned. However, it is important to comply with all relevant regulations and requirements set forth by the U.S. Customs and Border Protection (CBP) and other related agencies.
Similarly, when exporting HS Code 08140040 from the United States, there are no specific restrictions mentioned. Exporters should ensure compliance with the regulations and requirements of the destination country or countries, as well as any applicable international trade agreements or treaties.
HS Code 08140040 is the code used to classify lime peel, whether fresh, frozen, or in brine, for international trade purposes. Understanding the HS code, duty rates, and special tariff preference programs can help importers and exporters navigate the complexities of global trade while ensuring compliance with trade regulations.