Upland cotton is a specific type of cotton that falls under the HS Code 99035226. This HS code is used to identify and classify different products for import and export purposes. In this article, we will explore the details of this HS code and the regulations associated with it.
The product description of HS Code 99035226 is "Upland cotton, within specified quantity limitations, within Special Cotton Import Quota Ann. No. 26 for a 180-day period." This means that the import and export of upland cotton are subject to certain quantity restrictions specified in the Special Cotton Import Quota Announcement No. 26. These restrictions are imposed to regulate the trade of cotton and maintain market stability.
The bound / MFN duty rate for HS Code 99035226 is not available. The bound duty rate refers to the maximum customs duty that a country can impose on a particular product. However, in the case of upland cotton within the Special Cotton Import Quota Ann. No. 26, the specific duty rate is not specified.
It is important to note that the quantity unit for HS Code 99035226 is not available. This means that the exact quantity or measurement unit for the import or export of upland cotton under this HS code is not specified. It could be in kilograms, bales, or any other suitable unit of measurement.
Under the special tariff preference programs, upland cotton under HS Code 99035226 enjoys a 10% duty rate (CA) for Canada. This means that if Canada is importing upland cotton from the United States, it will be subject to a reduced duty rate of 10% under the NAFTA agreement. NAFTA stands for the North American Free Trade Agreement, which promotes trade between the United States, Canada, and Mexico.
When it comes to importing, the specific US states that import upland cotton under HS Code 99035226 may vary. Similarly, the exporting US states for this HS code can also vary depending on the production and availability of upland cotton. Some of the major cotton-producing states in the US include Texas, California, Mississippi, and Georgia.
the HS Code 99035226 is used to classify and identify upland cotton within the Special Cotton Import Quota Ann. No. 26. This HS code is subject to certain quantity limitations and enjoys a special tariff preference of 10% for Canada under NAFTA. Understanding these details is crucial for importers, exporters, and traders involved in the cotton industry.