Pasta nesi falls under the HS Code 19023000, which is used to classify food preparations made from cereal flour or starch, in the form of flakes, granules, or similar forms. In this article, we will explore the product description, duty rates, quantity units, and special tariff preference programs associated with HS Code 19023000.
Pasta nesi is a type of food preparation made from cereal flour or starch. It is commonly known as instant noodles or instant pasta. The product is widely consumed globally due to its convenience and ease of preparation. Pasta nesi comes in various flavors and forms, including noodles, spaghetti, and macaroni.
The bound / MFN (Most Favored Nation) duty rate for HS Code 19023000 is 6.4%. 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 to the import value of pasta nesi.
The quantity unit for HS Code 19023000 is kilograms (KG). This unit is used to measure the weight of pasta nesi during import or export transactions. It provides a standardized measurement for trade purposes and ensures accurate calculation of duties and taxes.
HS Code 19023000 is eligible for various special tariff preference programs, which offer preferential treatment or duty-free access to specific countries. Some of the special tariff preference programs applicable to pasta nesi include:
HS Code 19023000 is relevant for both importing and exporting activities in the United States. Pasta nesi can be imported into the US from various countries, and it can also be exported to other countries based on demand and market opportunities.
When importing pasta nesi into the US, importers need to comply with customs regulations, including proper documentation, payment of duties and taxes, and adherence to any applicable special tariff preference programs. Similarly, when exporting pasta nesi from the US, exporters need to follow export procedures and comply with the requirements of the destination country.
Overall, HS Code 19023000 plays a significant role in facilitating international trade of pasta nesi. It provides a standardized classification for customs purposes, ensures accurate calculation of duties and taxes, and offers opportunities for preferential treatment through special tariff preference programs.