Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99120714: Exploring the World of MA Goods in Subheading 0712.20.20

The Harmonized System (HS) Code is an internationally recognized system used for classifying and identifying products in global trade. It plays a crucial role in facilitating international commerce by providing a standardized way to categorize goods. In this article, we will delve into the fascinating world of HS Code 99120714, specifically focusing on MA goods falling under subheading 0712.20.20.

HS Code 99120714 refers to a specific category of goods that fall under subheading 0712.20.20. To understand this code better, let's break it down:

• HS Code: 99120714
• Product Description: MA goods in subheading 0712.20.20

Now, let's explore the details and significance of this HS code in more depth.

Understanding Subheading 0712.20.20

Subheading 0712.20.20 is a subcategory within the broader category of HS Code 0712. This code specifically pertains to fresh or chilled potatoes. However, to be classified under HS Code 99120714, the MA goods must meet a certain weight requirement of 46.2?/kg or above.

The abbreviation "MA" refers to Modified Atmosphere packaging, which is a technique used to extend the shelf life and preserve the quality of perishable products. MA packaging involves altering the atmosphere inside the packaging by controlling the levels of oxygen, carbon dioxide, and other gases.

Importance of HS Code 99120714

HS codes are not just random numbers and letters; they serve a crucial purpose in international trade. Here are a few reasons why HS Code 99120714 is significant:

1. Trade Monitoring and Statistics: HS codes enable governments and international organizations to monitor and track trade flows. By using specific HS codes, authorities can gather valuable data on the import and export of goods falling under 0712.20.20, including MA goods.
2. Tariffs and Customs Duties: HS codes play a vital role in determining the applicable tariffs and customs duties on imported goods. Each HS code corresponds to a specific tariff rate, allowing customs officials to accurately assess the duties and taxes payable by importers.
3. Product Classification: HS codes provide a standardized method for classifying products. This classification helps ensure uniformity in international trade documentation and simplifies the process of identifying and categorizing goods.

Additional Information

While we have covered the essentials, it's worth mentioning that HS Code 99120714 is just one among thousands of codes used in international trade. Each code represents a unique product or category, facilitating smooth and efficient global commerce.

To ensure accurate classification, it is essential for importers, exporters, and customs officials to be familiar with HS codes and their respective descriptions. This knowledge helps prevent misclassifications, which can lead to delays, penalties, or even legal consequences.

Furthermore, HS codes are regularly updated to reflect changes in trade practices, technological advancements, and evolving product specifications. It is crucial for stakeholders to stay updated with the latest changes to ensure compliance and efficiency in international trade operations.

Conclusion

HS Code 99120714 introduces us to the world of MA goods falling under subheading 0712.20.20. This code serves as a vital tool for trade monitoring, tariff determination, and product classification. Understanding HS codes and their significance is crucial for all parties involved in global trade, enabling smooth and efficient cross-border transactions.

So, the next time you come across HS Code 99120714, you'll have a better understanding of the MA goods it represents and the role it plays in international commerce.