The HS Code 99120475 refers to a specific category of goods known as MA goods. These goods are classified under subheadings 0406.10.48, 0406.20.48, 0406.20.75, 0406.30.48, 0406.30.75, 0406.90.18, or 0406.90.88, and are subject to specific regulations and trade policies.
When examining the HS Code 99120475, it is important to understand the various aspects and implications associated with it. This article will provide an extensive overview of MA goods, including their product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
MA goods, as classified under the subheadings mentioned earlier, encompass a range of products. These products fall within the broader category of goods related to the food industry. Specifically, they may include items such as processed fruits, vegetables, nuts, or other edible plant parts.
It is important to note that the specific product description may vary depending on the subheading under which the goods are classified. However, they all share the common characteristic of being MA goods.
When it comes to trade barriers and market access, countries must adhere to the principle of treating all trading partners equally. This means that any trade barrier reduction or market opening must apply to the same goods or services from all trading partners.
For HS Code 99120475, the bound / MFN (Most-Favored Nation) duty rate is not specified. However, it is important to note that this rate is subject to change based on various factors, including trade agreements, negotiations, and government policies.
The quantity unit for HS Code 99120475 is not available (NA). This means that the specific unit of measurement for these goods is not explicitly mentioned or standardized. It is essential to consult the relevant trade documentation or regulatory bodies for specific quantity unit requirements when dealing with MA goods.
MA goods classified under HS Code 99120475 may benefit from special tariff preference programs. In this case, the specific rate is $1.32/kg for goods imported from Morocco. This preferential rate allows for a reduced duty payment for these goods compared to the standard duty rate.
It is advisable for importers and exporters dealing with MA goods to stay updated on the latest special tariff preference programs applicable to their specific trade partners. This can help optimize cost-efficiency and competitiveness in the market.
The HS Code 99120475 applies to goods imported into and exported from various US states. The exact list of importing and exporting states may vary based on factors such as demand, supply, and trade agreements.
However, it is important to note that the US has a robust and diverse market that caters to a wide range of goods, including MA goods. Therefore, importers and exporters should explore opportunities in different states to maximize their market reach and potential.
HS Code 99120475 encompasses MA goods falling under specific subheadings related to the food industry. Understanding the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states is crucial for businesses involved in the trade of these goods. Staying informed and complying with the relevant regulations and policies is essential for successful international trade.