When it comes to international trade, it is essential to have a standardized system that classifies and categorizes products for easier identification and regulation. The Harmonized System (HS) code is a globally recognized system used for this purpose. HS Code 23080010 specifically refers to acorns and horse-chestnuts that are used in animal feeding and are not specified or included elsewhere.
One of the primary functions of HS codes is to determine the customs duty rates for imported goods. In the case of HS Code 23080010, the bound or Most Favored Nation (MFN) duty rate is set at 1.4%. This means that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit associated with HS Code 23080010 is kilograms (KG). This unit of measurement allows for standardized tracking and documentation of the imported acorns and horse-chestnuts used in animal feeding.
Several special tariff preference programs apply to imports classified under HS Code 23080010. These programs provide certain countries with preferential treatment, including duty-free or reduced duty rates. The following programs are applicable:
These special tariff preference programs aim to promote trade, economic growth, and cooperation between countries by reducing or eliminating trade barriers for specific goods.
HS Code 23080010 applies to acorns and horse-chestnuts used in animal feeding, regardless of the US state of import or export. This means that any state in the United States can import or export these products, provided they comply with the relevant regulations and requirements.
It is important for importers and exporters to understand the specific regulations and documentation needed for the smooth flow of trade. Compliance with customs procedures, sanitary and phytosanitary measures, and any additional requirements for animal feed imports is crucial.
By correctly identifying and complying with the HS code 23080010, importers and exporters of acorns and horse-chestnuts used in animal feeding can ensure seamless trade operations while taking advantage of any applicable special tariff preference programs.