In international trade, the Harmonized System (HS) code plays a crucial role in classifying various goods and products. Each HS code represents a specific category of goods, allowing for standardized documentation and facilitating trade between countries. In this article, we will delve into HS Code 99126130, which pertains to MA goods in subheading 6109.10.00.
Product description: MA goods in subheading 6109.10.00 subject to note 23 TRQ
The product description associated with HS Code 99126130 refers to goods falling under subheading 6109.10.00. Additionally, these goods are subject to Note 23 TRQ. This note indicates that there may be specific trade regulations or restrictions applicable to these goods, which importers and exporters need to be aware of.
Bound / MFN duty rate: Every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners
The bound / MFN (Most Favored Nation) duty rate is a critical aspect of international trade. It ensures that when a country reduces trade barriers or opens up its market, it applies the same conditions to all its trading partners. This principle promotes fairness and equality in trade relationships, preventing any discriminatory practices.
Quantity unit: Not available (NA)
The quantity unit associated with HS Code 99126130 is not available (NA). It means that the specific quantity or measurement unit for these goods is not provided or standardized. Importers and exporters need to consult other relevant documentation or regulations to determine the appropriate quantity unit for their trade transactions.
Special tariff preference programs: Free (MA)
HS Code 99126130 benefits from a special tariff preference program, specifically the MA (Morocco Special Rate). Under this program, the goods falling under this HS code can be imported or exported with zero tariff rates. This special rate is applicable between the countries participating in the tariff preference program, promoting bilateral trade and economic cooperation.
Importing US states: [List of US states]
Exporting US states: [List of US states]
As HS Code 99126130 is associated with international trade, it is essential to consider the importing and exporting US states. The specific states involved in importing and exporting goods falling under this HS code may vary depending on various factors such as demand, supply chain networks, and regional trade agreements. Therefore, it is crucial for importers and exporters to stay updated with the latest information regarding the participating US states.
HS Code 99126130 represents MA goods in subheading 6109.10.00. This code allows for the standardized classification and documentation of these goods, facilitating international trade. Importers and exporters must be aware of any associated trade regulations, such as Note 23 TRQ, and take advantage of special tariff preference programs like the MA (Morocco Special Rate). By understanding the intricacies of HS Code 99126130, businesses can navigate the global market more efficiently and effectively.