The HS Code 99120442 refers to a specific classification for goods under subheading 1806.20.26, 1806.20.36, 1806.32.06, or 1806.32.16, with an additional note 7 TRQ. In this article, we will delve into the details of this HS code, its product description, duty rates, quantity unit, and special tariff preference programs associated with it. Let's explore further!
The goods classified under HS Code 99120442 fall within subheadings 1806.20.26, 1806.20.36, 1806.32.06, or 1806.32.16. These subheadings refer to specific categories of products. Unfortunately, the specific product description is not available in the provided data. However, it is essential to note that the HS code is a standardized system used globally to classify products for trade and statistical purposes.
The Bound / MFN (Most Favored Nation) duty rate is an important aspect of international trade. It ensures that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. In the case of HS Code 99120442, the specific duty rate is not mentioned in the provided data. However, it is crucial to consider the duty rates applicable to goods falling under the respective subheadings mentioned.
Unfortunately, the data does not specify the quantity unit associated with HS Code 99120442. The quantity unit is vital for determining the measurement or quantity of goods being traded. It could be kilograms, liters, pieces, or any other appropriate unit depending on the nature of the product.
For HS Code 99120442, there is a special tariff preference program applicable, known as the "Morocco Special Rate." The specific details of this program include a tariff rate of 27.2 cents per kilogram, along with an additional 3.1% tariff. These preferential rates are granted to goods imported from Morocco. It is important for importers and exporters to be aware of such special tariff preference programs to benefit from reduced tariffs and promote trade between countries.
The data provided does not include information about the specific importing and exporting US states for HS Code 99120442. However, it is important to note that trade between different states within the United States is subject to various regulations and requirements. Understanding the specific states involved in the import and export process can help businesses navigate these regulations more effectively and ensure compliance.
HS Code 99120442 refers to a specific classification for goods falling under subheading 1806.20.26, 1806.20.36, 1806.32.06, or 1806.32.16, with an additional note 7 TRQ. While the provided data lacks some specific details, it is crucial for businesses involved in international trade to understand the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code. This knowledge is essential for efficient import and export operations and compliance with trade regulations.