Bitters are a type of flavoring agent that is commonly used in cocktails and other alcoholic beverages. However, not all bitters are meant to be consumed as beverages. This is where HS Code 22089005 comes into play. This code specifically covers bitters that are not fit for use as beverages.
When it comes to international trade, countries have certain duties and tariffs in place to regulate imports and exports. HS Code 22089005 has a bound / MFN (Most Favored Nation) duty rate of free. 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. In other words, if a country decides to lower the duty rate for bitters under HS Code 22089005, it must do so for all its trading partners.
The quantity unit for bitters under HS Code 22089005 is proof liters (PFL). This unit is used to measure the alcoholic content of the bitters. It is important to note that bitters under this code are not meant for direct consumption, but rather for use as flavoring agents in various culinary applications.
There are also special tariff preference programs available for bitters under HS Code 22089005. These programs provide certain countries with preferential treatment when it comes to importing these products. The following countries have duty-free treatment for bitters under this code:
In addition to the duty-free treatment, there are also specific tariff rates for bitters under HS Code 22089005. The following countries have special rates for importing bitters:
It is important for importers and exporters to be aware of these special rates and preference programs when dealing with bitters under HS Code 22089005. This knowledge can help them navigate the international trade landscape more effectively and take advantage of any potential cost savings.
When it comes to importing bitters under HS Code 22089005 to the United States, the following states are known for their imports:
On the other hand, the state of Arkansas is a notable exporter of bitters under this HS Code.
HS Code 22089005 covers bitters that are not fit for use as beverages. It is important for importers and exporters to understand the duty rates, quantity unit, special tariff preference programs, and specific tariff rates associated with this code. By being well-informed, businesses can make informed decisions regarding the import and export of bitters under HS Code 22089005.