Kentucky blue grass seed is a type of grass seed that is specifically used for sowing purposes. It falls under the HS Code 12092400, which is a standardized code used for international trade to classify goods. This article will provide a comprehensive overview of the HS Code 12092400, including its product description, duty rates, quantity unit, special tariff preference programs, and information on importing and exporting US states.
The product description of HS Code 12092400 is "Kentucky blue grass seed of a kind used for sowing." Kentucky blue grass is a popular type of grass known for its fine texture, dark green color, and ability to withstand heavy foot traffic. It is commonly used for lawns, parks, athletic fields, and golf courses.
The bound or Most Favored Nation (MFN) duty rate for HS Code 12092400 is 1.2 cents/kg. The MFN duty rate is applied to all trading partners equally. It 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. This encourages fair and equal trade between countries.
The quantity unit for HS Code 12092400 is kilograms (KG). This unit is used to measure the weight of the Kentucky blue grass seed being imported or exported.
There are several special tariff preference programs available for imports under HS Code 12092400. These programs provide certain countries with preferential treatment, such as duty-free or reduced duty rates. The following special tariff preference programs apply to Kentucky blue grass seed:
In addition, there are specific special rates for certain countries:
For HS Code 12092400, the following US states are known for importing Kentucky blue grass seed:
On the other hand, the following US states are known for exporting Kentucky blue grass seed:
HS Code 12092400 plays an important role in international trade by providing a standardized code for Kentucky blue grass seed used for sowing. Understanding this code can help importers, exporters, and government agencies classify and regulate the trade of this specific product. Whether it is for landscaping purposes or sports fields, Kentucky blue grass seed is in demand around the world.