HS Code 99126262 refers to a specific classification for goods in subheading 6204.62.30 with a note 47 TRQ. This code is used for the categorization and tracking of international trade products. In this article, we will explore the details and implications of this HS code and its associated data.
Product Description: MA Goods in Subheading 6204.62.30 above Note 47 TRQ
The product description indicates that the goods falling under this HS code belong to the category of MA (Morocco) goods. These goods are further classified under subheading 6204.62.30. The inclusion of "above note 47 TRQ" suggests that there may be certain restrictions or quotas associated with the import or export of these goods.
Bound / MFN Duty Rate
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 means that the duty rate applicable to the goods classified under HS Code 99126262 should be the same for all countries involved in the trade.
Quantity Unit: Not Available (NA)
The data indicates that the specific quantity unit for the goods under this HS code is not available. This could mean that the unit of measurement for these goods is not standardized or that it varies depending on the specific product being traded.
Special Tariff Preference Programs: 1.4% (MA)
The special tariff preference program associated with this HS code is identified as 1.4% for MA (Morocco). This means that goods falling under HS Code 99126262 may be subject to a reduced tariff rate of 1.4% when imported or exported to or from Morocco.
Importing US States
The specific US states that import goods under HS Code 99126262 are not mentioned in the given data. However, it can be inferred that this HS code is relevant to international trade involving the United States.
Exporting US States
The specific US states that export goods under HS Code 99126262 are not mentioned in the given data. However, it can be assumed that this HS code is applicable to international trade transactions originating from various states within the United States.
HS Code 99126262 represents a specific classification for MA goods in subheading 6204.62.30 with a note 47 TRQ. The associated data provides information on the bound / MFN duty rate, quantity unit, special tariff preference programs, and the countries involved in importing and exporting these goods. Understanding HS codes and their associated data is crucial for international trade professionals to ensure compliance and efficient trade operations.