The Harmonized System (HS) Code 99120445 represents a specific category of goods known as MA goods in subheading 1806.20.83 or 1806.20.89 over Note 7 TRQ. This article aims to provide an extensive understanding of this HS code, including its product description, bound / MFN duty rate, quantity unit, and special tariff preference programs.
MA goods in subheading 1806.20.83 or 1806.20.89 over Note 7 TRQ refer to a specific type of merchandise that falls within the broader category of subheading 1806.20.83 or 1806.20.89. The exact nature of these goods may vary, but they are typically associated with a particular industry or product group.
For clarity, subheading 1806.20.83 or 1806.20.89 may denote a specific type of food product, machinery, or any other item that is classified under this classification system. However, to obtain more detailed information about the specific goods falling under this HS code, it is recommended to consult the official documentation or relevant authorities.
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. This principle, known as the bound / Most Favored Nation (MFN) duty rate, ensures fair and equal treatment for all countries involved in international trade.
Regarding HS Code 99120445, the bound / MFN duty rate may vary depending on the specific country's trade policies. It is crucial for importers and exporters to be aware of the duty rates applicable to MA goods in subheading 1806.20.83 or 1806.20.89 over Note 7 TRQ when engaging in international trade activities.
Unfortunately, the quantity unit for HS Code 99120445 is not available (NA). This means that the specific unit of measurement, such as kilograms or liters, is not explicitly defined for this particular category of goods.
However, it is important to note that the absence of a quantity unit does not imply a restriction on the import or export of MA goods in subheading 1806.20.83 or 1806.20.89 over Note 7 TRQ. Importers and exporters must still adhere to any applicable regulations, including proper documentation and compliance with customs requirements.
Special tariff preference programs provide certain advantages or concessions to specific goods or countries, promoting trade and economic cooperation between nations. In the case of HS Code 99120445, the special tariff preference program applicable is the Morocco Special Rate.
The Morocco Special Rate for MA goods in subheading 1806.20.83 or 1806.20.89 over Note 7 TRQ is set at 38.7 cents per kilogram plus an additional 6.2% of the goods' value. This rate is specific to trade transactions involving Morocco and aims to facilitate economic growth and bilateral trade between Morocco and other countries.
Importers and exporters engaging in trade activities related to HS Code 99120445 should take advantage of the Morocco Special Rate when applicable. It is crucial to understand the specific eligibility criteria and requirements set forth by the respective authorities to ensure compliance and maximize the benefits provided by the special tariff preference program.
HS Code 99120445 represents MA goods in subheading 1806.20.83 or 1806.20.89 over Note 7 TRQ. This article has provided a comprehensive overview of this HS code, including its product description, bound / MFN duty rate, quantity unit, and special tariff preference programs. Importers and exporters must stay up-to-date with the regulations and requirements associated with HS Code 99120445 to ensure smooth trade operations and compliance with international trade standards.