HS Code 98220435 refers to goods of Australia, which fall under subheadings 0406.10.08, 0406.10.88, 0406.20.91, 0406.30.91, or 0406.90.97. These goods are subject to the quota mentioned in US note 15. This article will provide an extensive overview of the HS Code 98220435, its product description, tariff rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The goods under HS Code 98220435 are sourced from Australia. They can be classified into various subheadings, including 0406.10.08, 0406.10.88, 0406.20.91, 0406.30.91, or 0406.90.97. Each subheading represents a specific type or category of goods. These goods may include agricultural products, such as dairy, meat, cereals, or other food commodities sourced from Australia.
The bound / MFN (Most Favored Nation) duty rate is a term used in international trade. It refers to the duty rate imposed on goods when a country lowers a trade barrier or opens up its market. This duty rate applies to the same goods or services from all trading partners. In the case of HS Code 98220435, the bound / MFN duty rate applies to the goods imported under this code.
The quantity unit for goods under HS Code 98220435 is not available (NA). This indicates that the specific unit of measurement for the quantity of goods imported or exported under this code is not specified. It could vary depending on the nature and type of the products included in this HS Code.
Goods under HS Code 98220435 from Australia are eligible for a special tariff preference program known as Free (AU). This program provides tariff-free access to the Australian market for certain goods. The Free (AU) program aims to promote trade between Australia and its trading partners by eliminating or reducing import duties on eligible goods.
Under the Free (AU) program, goods imported from Australia under HS Code 98220435 can benefit from preferential tariff rates, making them more competitive in the market. This program encourages trade and strengthens economic ties between Australia and the importing countries.
HS Code 98220435 goods are imported into various states in the United States. The specific importing states may vary depending on the demand for goods falling under this code. Similarly, these goods may be exported from different US states to Australia or other destinations.
The importing and exporting US states for HS Code 98220435 goods can include major trading hubs such as California, New York, Texas, Illinois, and Florida. These states have well-established trade networks and infrastructure, making them key players in international trade.
It is important for importers and exporters to be aware of the specific regulations, documentation requirements, and customs procedures associated with importing or exporting goods under HS Code 98220435 in the respective US states.
HS Code 98220435 represents goods sourced from Australia and classified under subheadings 0406.10.08, 0406.10.88, 0406.20.91, 0406.30.91, or 0406.90.97. These goods are subject to the quota mentioned in US note 15. Importers and exporters need to be familiar with the bound / MFN duty rate, the special tariff preference program (Free (AU)), and the importing and exporting US states associated with this HS Code. Understanding these aspects is crucial for efficient and compliant international trade.