Groats and meal of wheat fall under the HS Code 11031100. This code is used to classify and regulate the import and export of this particular product. In this article, we will explore the details of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 11031100 refers to groats and meal of wheat. Groats are hulled grains of cereal that retain their nutrient-rich bran and germ layers. Wheat meal, on the other hand, is a finely ground powder made from wheat.
These products are widely used in various culinary applications, including baking, cooking, and as a base for breakfast cereals. They are also a vital ingredient in the production of pasta, bread, and other wheat-based products.
The bound / MFN (Most Favored Nation) duty rate for HS Code 11031100 is 0.5 cents/kg. 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. The duty rate ensures fair trade practices and equal treatment for all trading partners.
The quantity unit for HS Code 11031100 is kilograms (KG). This unit of measurement is used to determine the weight of the groats and meal of wheat being imported or exported.
The HS Code 11031100 is eligible for several special tariff preference programs. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty rates. Here are some of the special tariff preference programs applicable to this HS Code:
HS Code 11031100 is relevant for importers and exporters located in various US states. Among them, Arkansas is a notable state involved in the import and export of groats and meal of wheat. Arkansas plays a significant role in the agricultural industry, and its participation in the trade of these products contributes to the overall economy.
HS Code 11031100 covers the import and export of groats and meal of wheat. This code ensures proper classification and regulation of these products in international trade. Importers and exporters need to be aware of the duty rates, quantity units, and special tariff preference programs associated with this HS Code to facilitate smooth and compliant trade operations.