HS Code 99126163 refers to MA goods in subheading 6110.30.20, with a specific note 29 TRQ. In this article, we will explore the details of this HS code, including the product description, duty rates, quantity units, and special tariff preference programs.
MA goods in subheading 6110.30.20 are a specific type of product classified under the Harmonized System (HS) codes. The HS code 99126163 pertains to these goods, indicating their classification for international trade purposes.
The subheading 6110.30.20 provides further specification for the product, allowing for better classification and identification during import and export processes. It is essential to understand the product description to ensure accurate and efficient international trade.
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 bound or Most Favored Nation (MFN) duty rate.
The bound / MFN duty rate for HS Code 99126163 is determined by international trade agreements and regulations. It ensures fair and non-discriminatory treatment for all trading partners, promoting equal opportunities in global trade.
In the case of HS Code 99126163, the quantity unit is not available (NA). This indicates that the specific quantity or unit of measurement for the goods in question is not explicitly mentioned or necessary for import/export purposes.
However, it is important to note that the absence of a quantity unit does not exempt the goods from other applicable regulations or requirements. All other relevant information, such as weight, volume, or dimensions, should still be provided as required.
For HS Code 99126163, there is a special tariff preference program applicable. The specific program offers a discounted duty rate of 1.2% for imports under certain conditions.
Detail: 1.2% : Morocco Special Rate
This special tariff preference program aims to promote trade between the exporting country and Morocco, providing a competitive advantage for eligible importers. It is essential for importers and exporters to be aware of such programs to maximize their benefits and comply with the necessary requirements.
While the HS code provides classification and identification for international trade, it is also crucial to consider the specific countries involved. In the case of HS Code 99126163, the importing and exporting US states are not mentioned in the provided data.
However, it is important to note that the HS code and associated information are applicable globally, allowing for uniformity and standardization in international trade documentation and procedures.
HS Code 99126163 refers to MA goods in subheading 6110.30.20, with a specific note 29 TRQ. Understanding this code and its associated details is crucial for accurate classification, duty rate determination, and compliance with special tariff preference programs. By adhering to international trade regulations, importers and exporters can navigate the global market efficiently and effectively.