HS Code 99126210 refers to specific goods falling under subheadings 6202.92.10, 6202.92.15, or 6201.92.20, subject to note 34 TRQ. These goods are classified as MA (Morocco) goods and are eligible for special tariff preference programs.
Note 34 TRQ stands for "Tariff Rate Quota." It is a system that allows a specified quantity of goods to be imported at a reduced or zero rate of duty. This system is often used to protect domestic industries or to promote trade relationships between countries.
When it comes to the duty rate for HS Code 99126210, it is important to understand the concept of "Bound / MFN duty rate." MFN stands for "Most Favored Nation," which means 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. The bound duty rate is the maximum rate of duty that a country can charge on imports. If a country's bound duty rate is lower than the MFN duty rate, the lower rate must be applied.
Unfortunately, the quantity unit for HS Code 99126210 is not available (NA). This means that the specific unit of measurement for the goods in question is not specified in the data. It could be pieces, kilograms, liters, etc., depending on the nature of the goods.
Under the special tariff preference program, HS Code 99126210 goods enjoy a free tariff rate when imported into the United States (US) from Morocco (MA). This means that no duty or tax is imposed on these goods, facilitating trade between the two countries.
It is worth noting that HS Code 99126210 is relevant for both importing and exporting US states. This means that the goods falling under this HS code can be imported into or exported from any state within the United States.
HS Code 99126210 covers specific goods classified under subheadings 6202.92.10, 6202.92.15, or 6201.92.20, subject to note 34 TRQ. These goods are eligible for special tariff preference programs, specifically the free tariff rate for imports from Morocco. The quantity unit for these goods is not available, and the duty rate is determined based on the bound / MFN duty rate principle. It is important for traders and importers/exporters to be aware of these details when dealing with goods falling under HS Code 99126210.