HS Code 99126261 refers to MA goods in subheading 6204.62.20 above note 47 TRQ. This code is used for the classification and identification of specific goods in international trade. In this article, we will explore the details and implications of this HS code, including the product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 99126261 is MA goods in subheading 6204.62.20 above note 47 TRQ. This description provides information about the nature and characteristics of the goods being classified. In this case, the goods are categorized under subheading 6204.62.20 and are subject to note 47 TRQ.
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) principle. The bound / MFN duty rate for HS Code 99126261 is the rate at which these goods are subject to import duties when traded between countries.
The quantity unit for HS Code 99126261 is not available (NA). This means that the specific unit of measurement for these goods is not specified or included in the data provided. The absence of a quantity unit may indicate that the goods are not measured or traded based on a specific quantity.
HS Code 99126261 is eligible for a special tariff preference program of 1.8% in the case of Morocco (MA). This means that when these goods are imported from or exported to Morocco, a reduced duty rate of 1.8% applies. This special rate is part of the preferential trade agreements or programs established between countries to promote trade and economic cooperation.
It is important for importers and exporters to be aware of these special tariff preference programs as they can significantly impact the cost and competitiveness of the goods being traded.
The data provided does not include specific information about the importing and exporting US states related to HS Code 99126261. However, it is worth mentioning that the United States is a major player in international trade and has a diverse range of importing and exporting states. The specific states involved in the trade of goods classified under this HS code may vary depending on the dynamics of the market and the specific products being traded.
HS Code 99126261 represents MA goods in subheading 6204.62.20 above note 47 TRQ. This code is used for the classification and identification of specific goods in international trade. Understanding the product description, duty rates, quantity unit, and special tariff preference programs related to this HS code is crucial for importers, exporters, and trade professionals to navigate the complexities of international trade and optimize their business operations.