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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 17039050: Molasses nesi

Molasses nesi falls under HS Code 17039050. In this article, we will explore the details of this HS Code and provide information about the product, its quantity unit, and special tariff preference programs associated with it.

Product Description

Molasses nesi is a type of molasses. Molasses is a thick, sticky syrup that is a byproduct of the sugar refining process. It is commonly used in baking, brewing, and as a sweetener in various food products. Molasses nesi, specifically, refers to a particular variety of molasses that is classified under HS Code 17039050.

HS Code 17039050

HS Code 17039050 is the specific code assigned to Molasses nesi. HS Codes, also known as Harmonized System Codes, are internationally recognized codes used to classify and identify traded products. These codes are essential for customs and trade authorities to track and regulate international trade.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 17039050 is 0.01 cents/kg of total sugars. 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 is applied based on the total sugar content in the molasses nesi.

Quantity Unit

The quantity unit for HS Code 17039050 is liters (L). This means that the measurement and trading of molasses nesi are done in liters. It is important for importers and exporters to accurately measure and report the quantity of molasses nesi in liters to comply with trade regulations.

Special Tariff Preference Programs

HS Code 17039050 is associated with several special tariff preference programs. These programs provide specific tariff benefits or duty-free treatment for the import and export of molasses nesi. The following countries and programs offer special rates for this HS Code:

Importing US States

The United States allows the importation of molasses nesi under HS Code 17039050. While the data provided does not explicitly mention the importing US states, it is important to note that the Virgin Islands is one of the regions that import this product.

Exporting US States

Regarding the exporting US states for molasses nesi under HS Code 17039050, the provided data does not specify any particular states. However, it can be assumed that molasses nesi may be exported from various states across the United States.

HS Code 17039050 represents Molasses nesi, a type of molasses. It is important for importers, exporters, and traders to be aware of the specific HS Code, duty rates, quantity unit, and special tariff preference programs associated with this product to ensure compliance with international trade regulations.



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