HS Code 99121720 represents a specific category of goods known as MA goods. These goods fall under subheading 1701.91.48, 1701.91.58, or 1702.90.68 and are subject to note 12 (c) TRQ. In this article, we will explore the details surrounding HS Code 99121720, including its product description, duty rates, quantity unit, and special tariff preference programs.
HS Code 99121720 refers to MA goods within the subheadings 1701.91.48, 1701.91.58, or 1702.90.68. These subheadings classify the specific type of goods being imported or exported. It is essential to accurately identify the product description to ensure proper classification and compliance with trade regulations.
The bound or most-favored-nation (MFN) duty rate is the rate applied to a specific product when a country lowers a trade barrier or opens up a market. It is crucial to maintain consistency in trade policies by applying the same duty rate to identical goods or services from all trading partners. The specific bound / MFN duty rate for HS Code 99121720 may vary depending on the importing and exporting countries.
Unfortunately, the quantity unit for HS Code 99121720 is not available (NA). It is essential for importers and exporters to have accurate information regarding the quantity unit to determine the volume or weight of the goods being traded. However, the absence of a quantity unit for this HS code implies that it may not be applicable in this particular case.
HS Code 99121720 is eligible for a special tariff preference program known as the Morocco Special Rate. This program offers a tariff rate of 33.9 cents per kilogram plus an additional 5.1% for qualifying goods. The Morocco Special Rate provides an advantageous tariff structure for MA goods falling under HS Code 99121720. Importers and exporters should take advantage of this program to benefit from reduced tariff costs.
HS Code 99121720 applies to goods being imported or exported from the United States. It is crucial to understand the specific states involved in the import or export process to ensure compliance with regional regulations and requirements. The importing and exporting states can have an impact on various aspects such as customs procedures, documentation, and transportation logistics.
HS Code 99121720 represents a specific category of goods known as MA goods. It is essential to accurately identify and classify these goods based on the subheadings 1701.91.48, 1701.91.58, or 1702.90.68. Importers and exporters should be aware of the bound / MFN duty rates, quantity unit (if applicable), and special tariff preference programs such as the Morocco Special Rate. Understanding the importing and exporting US states is also crucial for compliance with regional trade regulations. By familiarizing themselves with the details surrounding HS Code 99121720, traders can ensure smooth and efficient international trade operations.