HS Code 99126162 refers to a specific category of goods known as MA goods in subheading 6110.30.15 above note 29 TRQ. In this article, we will explore the details of this HS code, including its product description, bound/MFN duty rate, quantity unit, and special tariff preference programs.
The product description of HS Code 99126162 indicates that it pertains to MA goods within the subheading 6110.30.15, specifically those above note 29 TRQ. The subheading 6110.30.15 likely represents a specific classification within the broader category of goods under HS code 6110. These goods could include various types of clothing or textiles, but further information is needed to determine the exact nature of the goods.
The bound/MFN duty rate is an important aspect of international trade. It refers to the rate at which a country imposes import duties on goods from its trading partners. In the case of HS Code 99126162, the bound/MFN duty rate can vary depending on the country. However, it is important to note that 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 ensures fair and equitable treatment for all countries involved in international trade.
Unfortunately, the available data does not provide information on the quantity unit for HS Code 99126162. It is marked as not available (NA), which means that further details regarding the unit of measurement for this particular HS code are not provided. However, it is common for quantity units to be specified in other sources or documents related to trade, such as commercial invoices or shipping documents.
HS Code 99126162 is associated with a special tariff preference program that offers a reduced duty rate. In this case, the special rate is 3.4% and is applicable to goods imported from Morocco (MA). This indicates that certain trade agreements or arrangements exist between the importing country and Morocco, which allow for a lower tariff rate on goods classified under this HS code. Such special tariff preference programs are often established to promote economic cooperation and trade between specific countries or regions.
While the available data does not provide specific information about the importing and exporting US states associated with HS Code 99126162, it is worth mentioning that the United States has a complex system of trade and customs regulations. The import and export of goods are regulated at both the federal and state levels. Various US states have their own specific import and export requirements, which may include licensing, documentation, or additional fees. Therefore, it is essential for importers and exporters to familiarize themselves with the regulations of the specific US states involved in their trade transactions.
HS Code 99126162 represents MA goods in subheading 6110.30.15 above note 29 TRQ. This article has provided an overview of the product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and the importance of considering the importing and exporting US states when dealing with this HS code. It is essential for traders and businesses to understand the details and implications associated with HS codes to ensure compliance and efficient international trade operations.