The HS Code 99126223 is used to classify a specific type of product in international trade. In this article, we will explore the product description, the bound/MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code.
The product classified under HS Code 99126223 falls under the subheading 6203.42.20, which is part of the broader category of MA goods. The specific characteristics and features of these goods are not mentioned in the provided data. However, it is important to note that these goods are subject to a specific trade policy referred to as TRQ (Tariff Rate Quota) as per Note 38.
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/MFN duty rate associated with HS Code 99126223 represents the tariff rate applied to these goods when imported into a country.
Unfortunately, the specific bound/MFN duty rate for HS Code 99126223 is not provided in the available data. However, it is essential to understand that this rate is typically determined through negotiations and agreements between countries to ensure fair and non-discriminatory trade practices.
The quantity unit associated with HS Code 99126223 is mentioned as NA, indicating that the specific unit of measurement for this product is not provided. It could be pieces, kilograms, liters, or any other applicable unit depending on the nature of the goods classified under this HS code.
HS Code 99126223 is eligible for a special tariff preference program offered by Morocco, where the tariff rate is reduced to 2%. This program, known as the Morocco Special Rate, provides a competitive advantage for importers and exporters dealing with goods classified under this HS code between Morocco and its trading partners.
The available data does not provide information regarding the specific importing and exporting US states associated with HS Code 99126223. However, it is important to note that the HS code classification is used globally, and the importing and exporting states can vary depending on the trade flow and demand for the specific goods classified under this code.
HS Code 99126223 represents a specific category of goods falling under the subheading 6203.42.20 and subject to the special tariff preference program offered by Morocco. While some details are missing from the provided data, understanding the product description, bound/MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code is crucial for international traders and policymakers.