HS 200870 Peaches, including nectarines

Import duty rates for HS code 200870 vary significantly by destination. For the United States, the standard Most Favored Nation (MFN) duty rate is 25.00% ad valorem. In the European Union, the Common Customs Tariff (CCT) rate is typically 17.60% ad valorem, though specific rates can be found in the EU TARIC database. The UK Trade Tariff lists a standard rate of 16% ad valorem for goods from outside preferential trade agreements. It is crucial to consult the specific tariff schedule for the importing country at the time of import, as rates can be subject to change and specific trade agreements may offer reduced or free entry.

The duty calculation for HS 200870 can be complex if it involves both ad valorem (percentage of value) and specific duties (per unit of weight or quantity). For example, if a shipment of peaches to the UK has an ad valorem duty of 16% and a specific duty of 3.50 GBP per 100 kg, the total duty would be the sum of these two components. Let's assume a shipment of 1,000 kg of peaches with a declared value of £5,000. The ad valorem duty would be 16% of £5,000 = £800. The specific duty would be (1,000 kg / 100 kg) * £3.50 = 10 * £3.50 = £35. The total duty would be £800 + £35 = £835. Importers and brokers must carefully check the specific duty calculation method outlined in the destination country's tariff schedule.

When importing peaches under HS code 200870, standard customs documentation is required, including a commercial invoice, packing list, and bill of lading or air waybill. Additionally, depending on the importing country and the origin of the goods, phytosanitary certificates may be mandatory to ensure the produce is free from pests and diseases. Importers should also be prepared to provide proof of origin if claiming preferential duty rates under a trade agreement. It is advisable to check the specific import requirements of the destination country's customs authority and plant protection organization well in advance of shipment.

Yes, several trade agreements can offer preferential duty rates for HS 200870. For instance, the US has agreements with countries like Australia, Chile, and South Korea, which might offer reduced duties. The EU has numerous Economic Partnership Agreements (EPAs) and Free Trade Agreements (FTAs) with countries in Africa, the Caribbean, Pacific, and other regions, potentially leading to zero or reduced tariffs. The UK, post-Brexit, has established its own set of FTAs with various countries. For example, the UK's tariff schedule shows 'Free' entry under specific preferential schemes (indicated by codes like A+, AU, BH, CL, CO, etc.) for certain origins. Importers must verify the specific terms and conditions of relevant trade agreements and ensure they meet the rules of origin requirements to benefit from these preferential rates.

HS code 200870 covers 'Peaches, including nectarines, prepared or preserved otherwise than by sugar, spirit or vinegar, whether or not containing added sugar or other sweetening matter.' The key classification criteria revolve around the state of the fruit and the method of preservation. This code applies to peaches and nectarines that are not simply fresh or dried. Common pitfalls include misclassifying products that have undergone significant processing beyond simple preservation (which might fall under Chapter 21 or other chapters), or incorrectly applying this code to products preserved in sugar syrup (which typically fall under HS 200870.00.20 in some tariff schedules, or other specific subheadings depending on the sugar content and preservation method). It's essential to refer to the Explanatory Notes of the Harmonized System and the specific tariff rulings of the importing country to ensure accurate classification.