Malt, not roasted, falls under HS Code 11071000. This code is used to classify and categorize this particular product for international trade purposes. In this article, we will delve into the details of this HS Code, its product description, duty rates, quantity units, and special tariff preference programs associated with it.
Malt, not roasted refers to a type of malt that has not undergone the roasting process. It is commonly used in the production of various alcoholic beverages, such as beer and whiskey. Malt serves as a key ingredient in the fermentation process and contributes to the flavor and color of the final product.
The bound / MFN (Most Favored Nation) duty rate for HS Code 11071000 is 0.3 cents/kg. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to the import of malt, not roasted, from all its trading partners. This principle ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 11071000 is kilograms (KG). This unit of measurement is used to quantify the weight of malt being imported or exported.
There are several special tariff preference programs associated with HS Code 11071000. These programs provide specific benefits and exemptions for imports of malt, not roasted, from certain countries. The following are some of the special tariff preference programs applicable to this HS Code:
HS Code 11071000 is relevant for importing malt, not roasted, into various US states. Some of the states that engage in the import of this product include:
These states recognize the importance of malt, not roasted, in their brewing and distilling industries, and actively participate in its importation.
HS Code 11071000 classifies malt, not roasted, for international trade. Understanding the product description, duty rates, special tariff preference programs, and the importing states helps facilitate smooth and efficient trade of this essential ingredient in the beverage industry.