HS Code 99126242 refers to a specific category of goods known as MA goods in subheading 6204.43.20. 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 for HS Code 99126242 is MA goods in subheading 6204.43.20 above note 42 TRQ. This description indicates that the goods fall under subheading 6204.43.20, and are subject to a specific note 42 TRQ (Tariff Rate Quota) requirement.
Subheading 6204.43.20 refers to a specific category of clothing items, such as men's or boys' trousers and shorts made from synthetic fibers. These goods may have specific characteristics or materials that differentiate them from other similar products.
The bound/MFN (Most Favored Nation) duty rate is an important aspect of international trade. It refers to the rate at which a country imposes import duties on specific goods or services. The principle behind the bound/MFN duty rate is 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.
Unfortunately, the specific bound/MFN duty rate for HS Code 99126242 is not available in the provided data. However, it is important to note that each country may have its own duty rate for this HS code, which can vary depending on trade agreements, tariff preferences, and other factors.
The data does not provide information on the quantity unit for HS Code 99126242. It is crucial to consider the quantity unit when dealing with international trade as it helps determine the volume or weight of goods being imported or exported. Common quantity units include kilograms, units, liters, and tons.
For HS Code 99126242, the quantity unit is labeled as NA (Not Available). This indicates that the specific unit of measurement for the goods in this code is not provided in the data. It is advisable to consult the relevant trade documentation or authorities to obtain accurate information regarding the quantity unit for this HS code.
Special tariff preference programs are designed to provide certain countries or regions with reduced or preferential tariff rates for specific goods. These programs aim to promote trade and economic cooperation between nations.
For HS Code 99126242, a special tariff preference program is mentioned in the data. The program offers a tariff rate of 1.4% for goods imported from Morocco (abbreviated as MA). This indicates that if the goods falling under HS Code 99126242 are imported from Morocco, they will be subject to a reduced tariff rate of 1.4% instead of the standard duty rate applicable to other countries.
It is important for importers and exporters to be aware of such special tariff preference programs as they can significantly impact the cost of trade and competitiveness in the global market.
The data does not provide specific information on the importing and exporting US states for HS Code 99126242. However, it is essential to highlight that the United States plays a significant role in international trade, both as an importer and exporter of various goods and services.
When dealing with HS Code 99126242, importers and exporters should consider the specific regulations and requirements of the US states involved in the trade process. These regulations may include licensing, documentation, customs procedures, and compliance with relevant trade agreements or programs.
HS Code 99126242 represents MA goods in subheading 6204.43.20. This code encompasses a specific category of clothing items subject to note 42 TRQ. While specific details regarding the duty rate and quantity unit are not available in the provided data, it is crucial for traders to be aware of special tariff preference programs and the specific regulations of importing and exporting US states when dealing with this HS code.