Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99120716: A Comprehensive Guide to MA Goods in Subheading 0712.20.40

When it comes to international trade, the Harmonized System (HS) plays a crucial role in classifying products for customs purposes. Each product is assigned a unique HS code, consisting of digits that provide detailed information about its nature and characteristics. In this article, we will delve into HS Code 99120716, which pertains to MA goods in subheading 0712.20.40.

Subheading 0712.20.40 falls under Chapter 7 of the HS code, which covers vegetables and certain edible roots and tubers. This specific subheading focuses on dried, shelled, and sliced mushrooms of the genus Agaricus, commonly known as champignon or button mushrooms.

Here are some key points to understand about HS Code 99120716:

• Product Description: MA goods in subheading 0712.20.40 refer to mushrooms of the Agaricus genus that have undergone a specific preparation process. These mushrooms are dried, shelled, and sliced, making them suitable for various culinary applications.
• HS Code Breakdown: Let's break down the HS code 99120716 to understand its structure. The first six digits, "991207," represent the classification of the product within the HS system. The remaining two digits, "16," offer further specification by identifying the product as dried, shelled, and sliced mushrooms of the Agaricus genus.
• Cross-Referencing: HS codes allow for easy cross-referencing of products across different countries and trade agreements. If you are involved in international trade, it is essential to use the correct HS code to ensure accurate classification and smooth customs clearance.
• Trade Statistics: The use of HS codes enables the collection and analysis of trade statistics. By examining data associated with HS Code 99120716, governments, organizations, and businesses can gain insights into the global import and export trends of MA goods in subheading 0712.20.40.

It is important to note that HS codes are regularly updated and revised to accommodate changes in products and international trade practices. Therefore, staying updated with the latest HS codes and revisions is crucial for businesses and individuals involved in cross-border trade.

HS Code 99120716 plays a vital role in facilitating the international trade of dried, shelled, and sliced mushrooms of the Agaricus genus. By accurately classifying these products, it ensures that customs procedures are carried out efficiently and transparently, benefiting both importers and exporters.

Whether you are a trader, importer, exporter, or simply curious about the world of HS codes, understanding the significance of HS Code 99120716 and its relation to MA goods in subheading 0712.20.40 is an important step towards navigating the complexities of international trade.