Effervescent wine, also known as nesi, is a delightful beverage that combines the elegance of wine with the excitement of fizziness. This sparkling drink has gained popularity worldwide, and its import and export are regulated by the Harmonized System (HS) Code 22060060. In this article, we will delve into the details of this HS code, its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states in the United States.
The HS Code 22060060 refers specifically to effervescent wine, known as nesi. This type of wine is characterized by its sparkling or fizzy nature, which is achieved through the addition of carbon dioxide during the winemaking process. Effervescent wine is enjoyed for its refreshing taste and celebratory nature, making it a popular choice for special occasions.
The bound or Most-Favored Nation (MFN) duty rate for HS Code 22060060 is 13.9 cents per liter. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate for effervescent wine from all its trading partners. This ensures fair and equal treatment for international trade in this specific product category.
The quantity unit for effervescent wine under HS Code 22060060 is liters (L). This unit of measurement is used to determine the volume of the product being imported or exported. It allows for accurate calculations and ensures consistency in the assessment of duties and taxes.
Effervescent wine, categorized under HS Code 22060060, is eligible for various special tariff preference programs. These programs offer different duty rates based on the country of origin or specific trade agreements. Here are some of the notable programs:
These special tariff preference programs aim to promote trade between specific countries or regions, incentivizing imports and exports of effervescent wine and fostering economic cooperation.
In the United States, certain states are involved in the import and export of effervescent wine under HS Code 22060060. The importing states include Connecticut, the District of Columbia, New York, and the Virgin Islands. These states have a demand for effervescent wine and facilitate its entry into the country.
On the other hand, the exporting states are not specified in the provided data. However, it is worth noting that effervescent wine is produced in various regions around the world, including famous wine-producing countries like France, Italy, Spain, and the United States itself. These countries contribute to the global trade of effervescent wine and may export to the United States and other countries.
Overall, the HS Code 22060060 plays a crucial role in regulating the import and export of effervescent wine, ensuring fair trade practices, and promoting economic partnerships between countries. Understanding the intricacies of this HS code helps in navigating the international market for this delightful sparkling beverage.