For the year 2024, find the HS code and full description for 'fresh or chilled edible potatoes'. Additionally, navigate to the 'Customs duties' section and identify the definition of 'transaction price' as it relates to calculating import duties.
Navigate to the homepage of tariffnumber.com. Change the search year to '2024' using the dropdown. Browse through the 'Sections' and 'Chapters' to locate 'edible vegetables and certain roots and tubers' (Chapter 07). Click on Chapter 07. Locate and click on the subheading for 'potatoes, fresh or chilled'. Identify the 8-digit HS code for 'fresh or chilled edible potatoes' and its full description. Navigate to the 'Customs duties' link. Locate and extract the definition of 'transaction price' as it relates to calculating import duties.
The agent successfully sets the year to 2024. The agent correctly identifies the 8-digit HS code for 'fresh or chilled edible potatoes' as 07019050. The agent provides the full description for HS code 07019050 as 'New potatoes, fresh or chilled, from 1 January to 30 June'. The agent correctly states the definition of 'transaction price' as found on the 'Customs duties' page: 'The transaction price of a product is the price actually paid or payable, which is used to calculate the import duties.'