Buttermilk, curdled milk and cream, yogurt, kefir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter, fruits, nuts or cocoa
HSN Code 403 covers a wide range of fermented or acidified milk and cream products. These products can be in liquid, powder, or other solid forms, and they can be flavored or unflavored.
Some examples of products that fall under HSN Code 403 include:
HSN codes are used to classify goods for customs purposes. They are important for businesses that import or export goods, as they determine the tariffs and duties that will be applied.
It is important to use HSN Code 403 when importing or exporting milk and cream products because it includes several benefits such as::
Using the correct HSN code can help to simplify the customs clearance process and reduce the risk of delays.
Using the correct HSN code will ensure that the correct tariffs and duties are applied to your goods. This can help you to avoid unexpected costs.
HSN codes are used to compile trade statistics. By using the correct HSN code, you can help to improve the accuracy of these statistics.
To use HSN Code 403, you will need to determine the specific product that you are importing or exporting. Once you have determined the specific product, you can look up the corresponding HSN code in the World Customs Organization (WCO) Harmonized System Nomenclature (HSN) database.
Once you have the correct HSN code, you will need to include it on your customs declaration. This will help to ensure that your goods are cleared through customs quickly and efficiently.
HSN Code 403 is a valuable tool for businesses that import or export fermented or acidified milk and cream products. By using the correct HSN code, businesses can simplify customs clearance, ensure that the correct tariffs and duties are applied, and improve trade statistics.
In addition to the benefits listed above, using HSN Code 403 can also help businesses to:
By adopting HSN Code 403, businesses can compete more effectively with larger businesses that are already using this technology.
HSN Code 403 can make it easier for businesses to expand into new markets by making it easier to do business with customers in other countries.
HSN Code 403 can make businesses more attractive to potential buyers and investors.
Overall, HSN Code 403 is a valuable tool that can help businesses to save time and money, improve their efficiency, and grow their business.