When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products for customs and tariff purposes. In this article, we will focus on HS Code 11041910, which pertains to rolled or flaked grains of barley. Let's delve into the details of this HS Code and explore its significance in the global trade market.
HS Code 11041910 specifically covers rolled or flaked grains of barley. This product description ensures that any import or export of barley grains in a rolled or flaked form falls under this HS Code. It is important to note that HS Codes are standardized globally, allowing for easier identification and classification of products.
Now, let's take a closer look at the duties and tariffs associated with HS Code 11041910. The bound or Most Favored Nation (MFN) duty rate for this HS Code is 2 cents per kilogram (KG). This means that regardless of the country of origin, if a trade barrier is lowered or a market is opened up, the same duty rate applies to all trading partners for rolled or flaked barley grains.
Furthermore, the quantity unit for HS Code 11041910 is kilograms (KG). This unit of measurement ensures consistency and accuracy in trade transactions involving rolled or flaked barley grains.
Now, let's explore some special tariff preference programs that may apply to imports or exports of HS Code 11041910. In certain cases, specific countries or regions may be eligible for preferential treatment, resulting in duty-free import or export of the product.
The special tariff preference programs applicable to HS Code 11041910 include:
These special tariff preference programs aim to promote economic development, incentivize trade, and foster positive relationships between countries. It is important for importers and exporters dealing with rolled or flaked barley grains to be aware of these programs to take advantage of the duty-free treatment, where applicable.
When it comes to trading rolled or flaked barley grains under HS Code 11041910, it is worth noting the importing and exporting US states. In this case, Arkansas is both an importing and exporting state for this particular product. This information can be helpful for businesses looking to establish trade relationships within the United States.
HS Code 11041910 is a vital classification for rolled or flaked grains of barley in international trade. Its standardized product description, duty rates, quantity unit, and special tariff preference programs shape the import and export landscape for this specific product. Understanding and utilizing this HS Code can greatly benefit businesses involved in the trade of rolled or flaked barley grains.