The HS Code 99120441 refers to a specific category of goods known as MA goods in subheading 1704.90.58. This code is used to classify and regulate the import and export of these goods internationally. In this article, we will explore the details of this HS code and discuss its implications for trade.
The product description for HS Code 99120441 is MA goods in subheading 1704.90.58. This indicates that the goods belong to the broader category of subheading 1704.90.58 and are classified as MA goods. The specific nature of these goods is not mentioned in the provided data.
The bound / MFN duty rate refers to the rate of duty that a country imposes on imported goods. It is a measure of the country's commitment to treat all trading partners equally. According to the data, every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 99120441 is mentioned as not available (NA). This implies that the specific unit of measurement for these goods is not provided in the data. It could be kilograms, liters, pieces, or any other relevant unit depending on the nature of the goods.
The data mentions a special tariff preference program for HS Code 99120441. The tariff rate for this program is 29.3 cents/kg + 7.6% (MA). The abbreviation "MA" stands for Morocco, indicating that this preferential tariff rate applies specifically to imports and exports between the mentioned countries.
It is worth noting that special tariff preference programs are designed to promote trade and economic cooperation between countries. These programs often involve reduced or eliminated tariffs for specific goods traded between the participating countries.
The data does not provide any specific information about the importing and exporting US states for HS Code 99120441. However, it is important to mention that the HS code system is used globally to classify and regulate trade, including imports and exports involving the United States.
When importing or exporting goods, companies and traders need to comply with the regulations and requirements set by the relevant authorities in both the importing and exporting countries. This ensures smooth and legal trade transactions while promoting fair competition and protecting the interests of all parties involved.
HS Code 99120441 represents MA goods in subheading 1704.90.58. This code plays a crucial role in classifying and regulating the import and export of these goods. The bound / MFN duty rate ensures equal treatment of trading partners, while special tariff preference programs provide preferential rates for specific countries. Understanding and complying with these regulations is essential for businesses engaged in international trade to ensure smooth and legal transactions.