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Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 99126147: A Comprehensive Guide

The HS Code 99126147 refers to a specific product category in international trade. This code is used to classify and identify goods for customs purposes. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states associated with this HS Code.

Product Description

The product description for HS Code 99126147 is "MA goods in subheading 6110.12.20 above note 26 TRQ." This description provides some information about the nature of the goods being traded. The subheading 6110.12.20 indicates a specific category within the broader classification system, and the note 26 TRQ suggests that there may be some special trade restrictions or quotas associated with these goods.

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. This principle is known as the Most Favored Nation (MFN) principle. The duty rate for HS Code 99126147 depends on the specific country and its trade policies. However, it is important to note that the duty rate must be consistent for all trading partners.

Quantity Unit

Unfortunately, the quantity unit for HS Code 99126147 is not available (NA). This means that the data provided does not specify the unit of measurement for the quantity of goods being traded. It could be kilograms, liters, pieces, or any other appropriate unit depending on the nature of the goods.

Special Tariff Preference Programs

For HS Code 99126147, there is a special tariff preference program in place. The tariff rate under this program is 3.2% for goods imported from Morocco (MA). This means that goods falling under HS Code 99126147 and imported from Morocco are subject to a reduced duty rate of 3.2% compared to the standard duty rate for other trading partners.

It is worth mentioning that special tariff preference programs can be established between countries or regions to promote trade and economic cooperation. These programs often aim to provide trading partners with certain advantages or incentives to encourage the exchange of goods and services.

Importing and Exporting US States

When it comes to HS Code 99126147, it is important to consider the importing and exporting US states. This information can provide valuable insights into the trade patterns and preferences related to this specific product category.

Unfortunately, the data provided does not specify the importing and exporting US states associated with HS Code 99126147. However, it is worth noting that different states within the US may have varying levels of import and export activities for specific goods. Factors such as geographical proximity, industry specialization, and economic policies can influence the trade flows between states within the US.

HS Code 99126147 represents a specific product category in international trade. Understanding the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states associated with this code can provide valuable insights for businesses, policymakers, and researchers involved in global trade.



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