HS Code 12099940: Seeds, fruits and spores, of a kind used for sowing, nesi
Seeds, fruits, and spores are essential components in agriculture and horticulture industries. They play a crucial role in the growth and development of plants and crops. HS Code 12099940 specifically refers to seeds, fruits, and spores that are used for sowing purposes.
This HS code is used to classify and identify these agricultural products for import and export purposes. It is a standardized system that helps in the smooth flow of international trade by providing a uniform classification for goods.
The HS Code 12099940 is used to regulate the import and export of seeds, fruits, and spores. It enables customs authorities to easily identify and classify these products, ensuring compliance with regulations and duties.
When it comes to trade barriers and market access, the HS Code 12099940 is subject to a bound or MFN (Most Favored Nation) duty rate of 0.83 cents per kilogram. 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 quantity unit for HS Code 12099940 is kilograms (KG). This unit of measurement helps in determining the weight and quantity of the seeds, fruits, and spores being imported or exported.
There are also special tariff preference programs associated with HS Code 12099940. These programs provide certain countries with preferential treatment or duty-free access to the US market. Some of the special tariff preference programs applicable to this HS code include:
- Generalized System of Preferences (GSP): This program offers duty-free treatment for eligible countries.
- Australia Special Rate: Australia enjoys a special rate for importing seeds, fruits, and spores under this program.
- Bahrain Special Rate: Bahrain has a special rate for trade involving HS Code 12099940.
- NAFTA for Canada: The North American Free Trade Agreement (NAFTA) provides duty-free treatment for Canada in this trade category.
- Chile Special Rate: Chile has a special rate for importing seeds, fruits, and spores under this program.
- Caribbean Basin Initiative (CBI): This program offers duty-free treatment for eligible Caribbean countries.
- Israel Special Rate: Israel enjoys duty-free treatment for trade involving HS Code 12099940.
- Andean Trade Preference Act (ATPA): This program provides preferential treatment for eligible Andean countries.
- Jordan Special Rate: Jordan has a special rate for importing seeds, fruits, and spores under this program.
- Morocco Special Rate: Morocco enjoys a special rate for trade involving HS Code 12099940.
- NAFTA for Mexico: The North American Free Trade Agreement (NAFTA) provides duty-free treatment for Mexico in this trade category.
- Oman Special Rate: Oman has a special rate for importing seeds, fruits, and spores under this program.
- Dominican Republic-Central American Special Rate (DR-CAFTA): This program offers preferential treatment for eligible DR-CAFTA countries.
- Peru Special Rate: Peru enjoys a special rate for trade involving HS Code 12099940.
- Singapore Special Rate: Singapore has a special rate for importing seeds, fruits, and spores under this program.
It is important to note that the list of special tariff preference programs may change over time, so it is essential to stay updated with the latest regulations and agreements.
In terms of importing and exporting, the United States has various states involved in trade related to HS Code 12099940. Some of the importing states include Idaho, while the exporting states also include Idaho.
HS Code 12099940 plays a crucial role in classifying and regulating the import and export of seeds, fruits, and spores used for sowing purposes. It helps facilitate international trade and ensures compliance with regulations and duties. Understanding the HS code and its associated special tariff preference programs is essential for businesses involved in the agricultural and horticultural industries.
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