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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99120430

The HS Code 99120430 refers to a specific product category in international trade. In this article, we will explore the product description, tariff rates, and other relevant information related to this HS Code.

Product Description

The goods classified under HS Code 99120430 fall under subheadings 0402.29.50 and 0402.91.70. These subheadings primarily cover dairy products and other similar goods. However, it is important to note that these products are subject to Note 7 TRQ, which may impose certain restrictions or requirements on their import or export.

Bound / MFN Duty Rate

Every time a country lowers a trade barrier or opens up a market, it is obligated to do so for the same goods or services from all its trading partners. This principle, known as the Most Favored Nation (MFN) treatment, ensures non-discriminatory treatment in international trade. The bound or MFN duty rate for goods classified under HS Code 99120430 would depend on the specific trade agreements and regulations in place between the importing and exporting countries.

Quantity Unit

Unfortunately, the specific quantity unit for goods classified under HS Code 99120430 is not available (NA). The quantity unit would typically indicate the measurement or unit in which the goods are traded, such as kilograms, liters, or pieces. However, in this case, the information regarding the quantity unit is not provided.

Special Tariff Preference Programs

Goods classified under HS Code 99120430 may be eligible for special tariff preference programs. For example, they may qualify for free trade under the Morocco Special Rate. These special tariff preference programs are designed to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods. Importers and exporters should carefully review the details and requirements of these programs to take advantage of any applicable benefits.

Importing US States and Exporting US States

The specific importing and exporting US states for goods classified under HS Code 99120430 would vary depending on the trade flows and market demand. It is important for businesses and traders to analyze market trends, consumer preferences, and regulatory requirements to identify potential import or export opportunities within the United States.

HS Code 99120430 represents a specific category of goods in international trade. Understanding the product description, tariff rates, and other relevant information can help importers and exporters navigate the complexities of global trade and take advantage of any applicable benefits or opportunities.



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