The HS Code 99126221 refers to a specific category of goods known as MA (Morocco Special Rate) goods in subheading 6203.33.20. These goods are subject to certain regulations and trade restrictions, particularly under Note 37 TRQ (Tariff Rate Quota). In this article, we will explore the details of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 99126221 is MA goods in subheading 6203.33.20 above Note 37 TRQ. This means that the goods fall under subheading 6203.33.20 of the Harmonized System (HS), which pertains to men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches, and shorts. Note 37 TRQ indicates a specific trade restriction related to these goods, which we will discuss further.
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 or most-favored-nation (MFN) duty rate is the standard rate applied to imports of goods under normal trade conditions. In the case of HS Code 99126221, the bound / MFN duty rate is not specified in the available data. However, it is essential to note that duty rates can vary depending on the country of import and export.
The quantity unit for HS Code 99126221 is not available (NA) in the provided data. The quantity unit typically refers to the standardized measurement used to quantify the volume, weight, or quantity of goods being imported or exported. It is crucial for accurate record-keeping and trade statistics. In the absence of specific information, it is advisable to consult the relevant customs authorities or trade documentation for the precise quantity unit for this HS Code.
HS Code 99126221 is eligible for a special tariff preference program known as the Morocco Special Rate. This program offers a reduced duty rate of 5.5% for the importation of MA goods in subheading 6203.33.20 above Note 37 TRQ from Morocco. The special rate is applicable to qualified importers and promotes trade between the participating countries.
The importing and exporting US states play a vital role in the trade of goods classified under HS Code 99126221. While the specific states involved in import and export transactions may vary, it is essential to consider the states with significant trade volumes and infrastructure. The United States has several major ports and trade hubs, including Los Angeles, New York, Houston, Seattle, and Miami, which facilitate the importation and exportation of goods across various HS Codes.
HS Code 99126221 represents MA goods in subheading 6203.33.20 above Note 37 TRQ. These goods are subject to specific trade regulations, including duty rates and special tariff preference programs. Understanding the details of this HS Code is crucial for importers, exporters, and trade authorities to ensure compliance and facilitate smooth international trade.