HS Code 99126151 represents a specific category of goods known as MA goods in subheading 6110.19.00. This article aims to provide an extensive understanding of this HS code, including its product description, bound and MFN duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 99126151 is MA goods falling under subheading 6110.19.00. Subheadings are subdivisions of HS codes that further classify goods based on their characteristics, materials, or intended use. In this case, goods falling under subheading 6110.19.00 belong to the broader category of clothing items.
These MA goods may include various types of clothing, such as shirts, blouses, tops, or other upper garments made of specific materials or with specific characteristics. It is important to consult the full HS code classification to understand the exact specifications and details of the goods falling under this code.
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) treatment. The bound duty rate refers to the maximum tariff rate that a country can impose on imports of goods falling under a particular HS code.
In the case of HS Code 99126151, the bound / MFN duty rate may vary depending on the country of import. It is essential for importers and exporters to check the specific tariff schedules and agreements between countries to determine the applicable duty rates.
The quantity unit for HS Code 99126151 is not available (NA). This indicates that the specific HS code does not have a standard unit of measurement associated with it. The absence of a quantity unit implies that the classification of goods under this code is not based on a specific quantity but rather on their characteristics, materials, or intended use.
HS Code 99126151 may be eligible for special tariff preference programs, providing certain benefits or reduced duty rates for specific countries or regions. In this case, the special tariff preference program applicable is 3.2% (MA), specifically the Morocco Special Rate.
Under this program, goods falling under HS Code 99126151 and originating from Morocco can enjoy a reduced duty rate of 3.2% when imported into countries or regions that have established the preferential trade agreement with Morocco.
HS Code 99126151 is relevant for both importing and exporting activities involving the United States. When importing goods falling under this HS code into the United States, importers need to follow the customs regulations, including the submission of appropriate documentation, payment of applicable duties, and compliance with any additional requirements.
Similarly, when exporting goods falling under HS Code 99126151 from the United States, exporters need to ensure compliance with the relevant export regulations, including obtaining necessary licenses or permits, completing export documentation, and adhering to any restrictions or prohibitions imposed by the destination country.
HS Code 99126151 represents MA goods falling under subheading 6110.19.00. This article provided an extensive overview of this HS code, including its product description, bound and MFN duty rates, quantity unit, and special tariff preference programs. Importers and exporters dealing with goods falling under this code should consult the relevant customs regulations and trade agreements to ensure compliance and take advantage of any available benefits or preferential treatment.