HS Code 11082000 - An In-depth Look at Inulin
In the world of international trade, each product is identified by a unique code called the Harmonized System (HS) code. HS codes are used by customs authorities to classify and track goods as they move across borders. One such HS code is 11082000, which represents the product known as Inulin.
Inulin is a naturally occurring carbohydrate that belongs to a class of compounds called fructans. It is found in a variety of plants, including chicory roots, dandelion roots, and Jerusalem artichokes. Inulin is known for its dietary fiber properties and is commonly used as a food ingredient and dietary supplement.
The HS code 11082000 specifically refers to Inulin and helps identify and regulate its trade on a global scale. Let's take a closer look at the details associated with this HS code.
Product Description:
Inulin is a white, odorless powder that is soluble in water. It is commonly used as a functional ingredient in the food industry, where it serves as a dietary fiber, prebiotic, and fat replacer. Inulin has gained popularity as a healthy alternative to sugar and artificial sweeteners due to its low-calorie content and beneficial effects on gut health.
Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for HS code 11082000 is 2.6%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate applies to the import of Inulin and is calculated based on its customs value.
Quantity Unit:
The quantity unit for HS code 11082000 is kilograms (KG). This unit of measurement is widely used in international trade to determine the weight or quantity of goods being imported or exported.
Special Tariff Preference Programs:
In addition to the bound duty rate, Inulin may also qualify for special tariff preference programs. These programs provide preferential treatment to certain countries or regions, often in the form of duty-free or reduced-duty access to the market. Here are some of the special tariff preference programs applicable to HS code 11082000:
1. Generalized System of Preferences (GSP): Inulin is eligible for duty-free treatment under the GSP program.
2. Australia Special Rate: Inulin imported into Australia may be subject to a special rate.
3. Bahrain Special Rate: Inulin imported into Bahrain may be subject to a special rate.
4. NAFTA for Canada: Inulin imported into Canada is eligible for duty-free treatment under the North American Free Trade Agreement (NAFTA).
5. Chile Special Rate: Inulin imported into Chile may be subject to a special rate.
6. Caribbean Basin Initiative (CBI): Inulin is eligible for duty-free treatment under the CBI program.
7. Israel Special Rate: Inulin imported into Israel may be subject to duty-free treatment.
8. Andean Trade Preference Act (ATPA): Inulin is eligible for duty-free treatment under the ATPA program.
9. Jordan Special Rate: Inulin imported into Jordan may be subject to a special rate.
10. Morocco Special Rate: Inulin imported into Morocco may be subject to a special rate.
11. NAFTA for Mexico: Inulin imported into Mexico is eligible for duty-free treatment under NAFTA.
12. Oman Special Rate: Inulin imported into Oman may be subject to a special rate.
13. Dominican Republic-Central American Special Rate (DR-CAFTA): Inulin imported into countries under the DR-CAFTA agreement may be subject to a special rate.
14. Peru Special Rate: Inulin imported into Peru may be subject to a special rate.
15. Singapore Special Rate: Inulin imported into Singapore may be subject to a special rate.
Importing and Exporting US States:
HS code 11082000 applies to both the import and export of Inulin in the United States. As an importing country, various states within the US may receive Inulin shipments from different trading partners. Similarly, as an exporting country, US states may ship Inulin to other countries worldwide.
HS code 11082000 represents Inulin, a versatile and beneficial carbohydrate used in the food industry and as a dietary supplement. Understanding the details associated with this HS code, including the product description, bound duty rate, quantity unit, and special tariff preference programs, is essential for both importers and exporters involved in the trade of Inulin.
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