The primary commodity code for Tomato Ketchup is 2103200000. The commodity code for other types of ketchup will vary and requires specific classification.
Understanding Ketchup Commodity Codes
Commodity codes, often referred to as Harmonized System (HS) codes, are standardized numbers and descriptions used by customs authorities worldwide to classify products. This classification is crucial for international trade, determining tariffs, monitoring imports and exports, and ensuring compliance with regulations.
For ketchup, the specific commodity code depends on its composition and type. Here's a breakdown:
| Product Type | Commodity Code |
|---|---|
| Tomato Ketchup | 2103200000 |
| Other Ketchup | Variable; requires specific classification based on ingredients and type |
Importance of Commodity Codes
These unique 10-digit codes are vital for businesses involved in the production, sale, and distribution of food products. They ensure:
- Accurate Tariffs: Correct calculation of duties and taxes on imported and exported goods.
- Trade Compliance: Adherence to international and national trade regulations.
- Market Data: Collection of precise statistics on global trade flows.
- Simplified Customs Clearance: Expedited processing of goods through customs by providing clear product identification.
For any ketchup product beyond standard tomato ketchup, it is essential to determine the precise classification to ensure proper trade documentation and compliance.
