The Harmonized System (HS) Code 99121765 refers to a specific classification for goods in subheading 1901.20.25, 1901.20.35, 1901.20.60, or 1901.20.70, which are subject to note 12 (c) TRQ (Tariff Rate Quota). In this article, we will explore the details of this HS code and provide relevant information for importers and exporters.
The goods classified under HS Code 99121765 fall under subheadings 1901.20.25, 1901.20.35, 1901.20.60, or 1901.20.70. These subheadings pertain to specific products within the broader category. The detailed description of these products can be found in the international trade classification system.
The bound or most-favored-nation (MFN) duty rate is an important aspect of international trade. It ensures that when a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. In the case of HS Code 99121765, the specific duty rate may vary depending on the country and the applicable trade agreements. Importers and exporters need to be aware of these duty rates to accurately calculate the costs involved in international trade.
Unfortunately, the quantity unit for goods classified under HS Code 99121765 is not available (NA). This means that the specific unit of measurement for these goods is not specified or may vary depending on the nature of the product. Importers and exporters should consult the relevant trade documentation or seek clarification from the appropriate authorities to determine the appropriate quantity unit for their transactions.
For goods classified under HS Code 99121765, there is a special tariff preference program in place. The tariff rate for these goods is 42.3 cents per kilogram plus an additional 8.5%. This specific rate applies to trade with Morocco under the Morocco Special Rate program. Importers and exporters engaged in trade with Morocco should take note of this special tariff preference program to benefit from the reduced tariff rates and enhance their competitiveness in the market.
When dealing with HS Code 99121765, it is essential to consider the specific importing and exporting US states involved in the trade. The import and export regulations, documentation requirements, and other trade-related aspects may vary depending on the states involved. Importers and exporters should familiarize themselves with the specific rules and regulations applicable to the importing and exporting US states to ensure compliance and facilitate smooth trade operations.
the HS Code 99121765 relates to specific goods in subheading 1901.20.25, 1901.20.35, 1901.20.60, or 1901.20.70, subject to note 12 (c) TRQ. Importers and exporters dealing with these goods should be aware of the bound / MFN duty rate, quantity unit, special tariff preference programs, and the specific importing and exporting US states involved. By understanding and adhering to these regulations, businesses can navigate international trade successfully and optimize their trading operations.