When it comes to international trade, HS codes play a crucial role in identifying and classifying various products. In this article, we will delve into the details of HS Code 99126137, specifically focusing on its product description, bound/MFN duty rate, quantity unit, and special tariff preference programs. So, let's dive right in!
HS Code 99126137 refers to a specific category of goods falling under subheading 6109.90.15. This subheading provides a more detailed classification for a particular type of product. In this case, the "MA goods" mentioned in the description indicate that these goods originate from Morocco.
Moreover, the mention of "above note 24 TRQ" suggests that there might be certain trade restrictions or regulations associated with the import or export of these goods. It is always important for traders to familiarize themselves with any relevant notes or regulations pertaining to a specific HS code.
The bound/MFN duty rate is an essential aspect of international trade agreements. It signifies that every time 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. This ensures fair competition and prevents discrimination among countries.
Unfortunately, the specific bound/MFN duty rate for HS Code 99126137 is not available in the provided data. However, traders and importers should consult the customs authorities or trade agreements to determine the applicable duty rate for these goods.
The quantity unit for HS Code 99126137 is mentioned as "NA," indicating that the specific unit of measurement is not provided in the available data. The quantity unit is crucial for determining the volume or quantity of goods being imported or exported. Importers and exporters should consult the relevant trade documentation or customs authorities to ascertain the appropriate quantity unit for this HS code.
HS Code 99126137 enjoys a special tariff preference program, namely the "Morocco Special Rate." This program grants a preferential tariff rate of 1.1% for importing these goods. It is important to note that this special rate is applicable when trading with Morocco specifically. Traders should ensure that they meet all the eligibility criteria and requirements for availing this preferential tariff rate.
HS Code 99126137 is not limited to a specific set of importing or exporting US states. It can be imported or exported from any state within the United States. Traders and businesses across the country can engage in transactions involving these goods, subject to any applicable customs regulations or restrictions.
HS Code 99126137 encompasses a specific category of goods falling under subheading 6109.90.15. Traders and importers dealing with these goods should consider the bound/MFN duty rate, special tariff preference programs, and any relevant trade regulations to ensure smooth and compliant international trade. Remember to consult the customs authorities or trade agreements for accurate and up-to-date information regarding this HS code.