HS Code 99122119 corresponds to a specific category of goods known as "MA Other Goods" within the broader subheading 2103.20.40. This HS code is used internationally to classify and identify these particular products for various purposes, including customs regulations, trade statistics, and market research.
The HS code is a standardized system developed by the World Customs Organization (WCO) to classify products traded across borders. It consists of a series of numbers that represent different levels of classification, from general categories to specific product descriptions. In this case, HS Code 99122119 provides detailed information about MA Other Goods falling under subheading 2103.20.40.
MA Other Goods are a diverse range of products that meet the criteria set forth in subheading 2103.20.40. The subheading itself refers to specific food preparations, including soups and broths, concentrates, and extracts. However, the term "MA Other Goods" denotes additional products within this subheading that may not fit into the more specific categories.
When importing or exporting goods, it is crucial to correctly identify and classify them using the appropriate HS code. This ensures compliance with customs regulations and facilitates smooth trade operations. HS Code 99122119 specifically covers MA Other Goods with a minimum value of 56.4 ? per kilogram.
It is worth noting that HS codes are periodically updated to reflect changes in global trade patterns and the introduction of new products. Therefore, it is essential to stay up-to-date with the latest HS code revisions to ensure accurate classification and avoid any potential issues during the import or export process.
Understanding the HS code system is beneficial for various stakeholders, including traders, customs authorities, and researchers. By using HS codes, trade statistics can be compiled, analyzed, and compared across different countries and regions. This data enables policymakers and businesses to make informed decisions, identify market trends, and assess the impact of trade policies.
HS Code 99122119 pertains to MA Other Goods falling under subheading 2103.20.40. This code plays a crucial role in accurately classifying and identifying these products in international trade. By adhering to the appropriate HS code, businesses can ensure compliance with customs regulations and contribute to the smooth flow of global trade.