The Harmonized System (HS) Code 99121220 relates to a specific category of goods known as MA goods. These goods fall under subheading 1202.20.80, 2008.11.15, 2008.11.35, or 2008.11.60 and are subject to certain regulations and trade policies. In this article, we will explore the details of this HS code, including its product description, bound/MFN duty rate, quantity unit, and any special tariff preference programs associated with it.
Product Description: MA goods in subheading 1202.20.80, 2008.11.15, 2008.11.35, or 2008.11.60 refer to a specific type of product that meets the criteria outlined in these subheadings. The exact nature of these goods may vary, but they are typically classified under these specific subheadings for ease of identification and trade purposes. It is essential for importers and exporters to accurately classify their goods under the appropriate subheading to ensure compliance with international trade regulations.
Bound/MFN Duty Rate: When 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. The bound/MFN duty rate refers to the maximum tariff rate that a country can impose on a particular category of goods. In the case of HS Code 99121220, the specific bound/MFN duty rate may vary depending on the country's trade policies and agreements. Importers and exporters should be aware of these rates to calculate the potential costs associated with trading MA goods.
Quantity Unit: Unfortunately, the specific quantity unit for HS Code 99121220 is not available (NA). The absence of a specified quantity unit implies that the measurement or unit of trade for these goods may vary depending on the specific product, industry, or trade agreement. Importers and exporters should consult the relevant documentation or trade agreements to determine the appropriate quantity unit for their specific MA goods.
Special Tariff Preference Programs: HS Code 99121220 is associated with a special tariff preference program that offers a duty rate of 96.6% for MA goods. In this case, the special rate is applicable for goods traded with Morocco. This program aims to promote trade and economic cooperation between the countries involved and provides a favorable duty rate for qualifying goods. Importers and exporters engaging in trade with Morocco can take advantage of this preferential tariff rate to enhance their competitiveness in the market.
Importing and Exporting US States: The specific importing and exporting US states for HS Code 99121220 may vary depending on the specific trade flow and market demand. It is crucial for traders to conduct market research and identify potential US states for importing and exporting MA goods. This information can help businesses target the right market and establish effective trade connections to maximize their opportunities and profitability.
HS Code 99121220 pertains to MA goods in subheading 1202.20.80, 2008.11.15, 2008.11.35, or 2008.11.60 over Note 11 TRQ. This article provides an overview of the product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and importing/exporting US states associated with this HS code. By understanding the details of this HS code, importers and exporters can navigate the international trade landscape more effectively and make informed decisions regarding their MA goods trade.