HS 110423 Of maize (corn)

Import duty rates for HS 110423 vary significantly by market and trade agreements. For example:

• United Kingdom (UK): The standard rate is often around 127.00 GBP per 1000 kg, but preferential rates under trade agreements can be lower, such as 82.00 GBP per 1000 kg for certain origins. Always consult the UK Trade Tariff for the most current rates applicable to your specific import.
• European Union (EU): The EU TARIC system shows rates that can be approximately 152.00 EUR per 1000 kg for third countries, with preferential rates potentially as low as 98.00 EUR per 1000 kg. Refer to the EU TARIC database for precise details.
• United States (US): The USITC Harmonized Tariff Schedule typically lists a Most Favored Nation (MFN) rate of 0.45 cents per kilogram (¢/kg). Duty-free entry may be available under specific trade agreements (e.g., 'Free (A,AU,BH,CL,CO,D,E,IL,JO,KR,MA,OM,P,PA,PE,S,SG)' indicates duty-free status for goods originating from these listed countries/regions).

It is crucial to verify the applicable duty rate based on the origin of the goods and the specific trade agreement in force at the time of import.

The calculation method depends on the specific duty rate applied. Many rates for HS 110423 are based on a specific duty (per unit of weight), while others might be ad valorem (a percentage of the value). For a specific duty rate, the calculation is straightforward:

Example: If importing 10,000 kg of a product classified under HS 110423 into the UK, and the applicable duty rate is 127.00 GBP per 1000 kg:

• Calculation: (10,000 kg / 1000 kg) × 127.00 GBP/1000 kg = 10 × 127.00 GBP = 1,270.00 GBP.

The total duty payable would be 1,270.00 GBP.

If the rate were ad valorem (e.g., 5% ad valorem), the calculation would be: 5% × Value of Goods = Duty Amount. Always refer to the official tariff schedule for the correct rate basis (specific duty or ad valorem) and the exact rate.

HS code 110423 covers 'Products of maize (corn), other than maize grain'. This means the goods are derived from maize but are no longer in their whole grain form. Key criteria include:

• Form: The product must be processed from maize grain. This includes flaked maize, pearled maize, and maize groats or meal. It does not include whole maize kernels (which fall under HS 1005).
• Processing: The processing can involve methods like crushing, flaking, pearling, or milling to produce groats or meal. For example, flaked maize is produced by steaming and flattening maize kernels.
• Exclusions: This code excludes maize flour (which falls under HS 1102) and other products of maize not specifically covered here, such as sweetcorn (HS 2005.90) or popcorn (HS 1005.90 if unpopped, or HS 2008.19 if popped).

Accurate classification relies on understanding the specific form and processing of the maize product.

Standard import documentation is generally required for HS code 110423, alongside any specific requirements based on the origin and destination country. Essential documents usually include:

• Commercial Invoice: Detailing the seller, buyer, description of goods, quantity, unit price, and total value.
• Packing List: Outlining the contents of each package, weights, and dimensions.
• Bill of Lading (Ocean) or Air Waybill (Air): Serving as a contract of carriage and receipt of goods.
• Certificate of Origin: Crucial for claiming preferential duty rates under trade agreements. This document certifies the country where the goods were manufactured or produced.
• Import Declaration: Submitted to customs authorities, accurately stating the HS code, value, quantity, and origin of the goods.
• Phytosanitary Certificate (Potentially): Depending on the specific product and destination country's regulations, a certificate ensuring the goods are free from pests and diseases may be required.

Always consult the customs authority of the importing country and your customs broker for a comprehensive list of required documents.

Many trade agreements provide preferential duty rates, often significantly lower than the standard Most Favored Nation (MFN) rates, for products classified under HS 110423. Importers can benefit by ensuring their goods meet the rules of origin stipulated in these agreements.

Examples of Agreements and Potential Benefits:

• EU: Agreements with countries like Canada (CETA), Mexico (EU-Mexico Global Agreement), or various Mediterranean countries often offer reduced or zero duty rates. For instance, goods originating from Mexico might benefit from a lower rate than the standard EU tariff.
• UK: Post-Brexit, the UK has continuity trade agreements with many countries (e.g., Japan, Australia, Canada) that can provide preferential access. The UK Trade Tariff will specify these reduced rates.
• US: Agreements like the USMCA (United States-Mexico-Canada Agreement) or agreements with countries like Chile, Singapore, or South Korea can lead to duty-free or reduced-duty imports for qualifying goods.

To benefit:

1. Determine Origin: Confirm the exact country of origin for your maize products.
2. Verify Eligibility: Check the specific trade agreement between the origin country and the destination country.
3. Meet Rules of Origin: Ensure the goods comply with the specific 'rules of origin' defined in the agreement (e.g., substantial transformation, percentage of regional value content).
4. Provide Documentation: Obtain a valid Certificate of Origin as required by the agreement.