The HS Code 99035218 refers to a specific product description - Upland Cotton, within specified quantity limitations, within the Special Cotton Import Quota Ann. No. 18 for a 180-day period. In this article, we will explore the details and implications of this HS code.
Upland cotton refers to a type of cotton that is widely grown and cultivated around the world. It is known for its versatility and is primarily used in the textile industry for the production of various cotton-based products. The HS Code 99035218 specifically refers to Upland cotton that falls within the specified quantity limitations set by the Special Cotton Import Quota Ann. No. 18.
The HS Code 99035218 is subject to a bound or Most Favored Nation (MFN) duty rate. The bound duty rate is the maximum tariff rate that a country can impose on a specific product. In the case of Upland cotton within the Special Cotton Import Quota Ann. No. 18, the bound duty rate is not available or specified.
The quantity unit for the HS Code 99035218 is not available or specified. This means that the specific unit of measurement for the quantity of Upland cotton within the import quota is not mentioned in the data provided.
The HS Code 99035218 is eligible for a special tariff preference program, namely 10% (CA) under the North American Free Trade Agreement (NAFTA) for Canada. This means that Upland cotton imported from the United States to Canada under this HS code will receive duty-free treatment, with a reduced tariff rate of 10%.
The data provided does not specify the importing and exporting US states for the HS Code 99035218. However, it is important to note that the import and export of Upland cotton within the Special Cotton Import Quota Ann. No. 18 may involve various US states depending on their cotton production and trade activities.
the HS Code 99035218 pertains to Upland cotton within the Special Cotton Import Quota Ann. No. 18. It is subject to a special tariff preference program for Canada under NAFTA, with a reduced duty rate of 10%. The specific quantity unit and the importing/exporting US states are not available in the provided data. Understanding and complying with HS codes is crucial for international trade and ensures smooth customs procedures and accurate classification of goods.