The HS Code 99126281 refers to a specific category of goods known as MA goods. These goods fall under the subheading 6205.30.15 and are subject to certain regulations and trade barriers. In this article, we will explore the details of this HS code and provide an extensive overview of its implications.
Firstly, it is important to understand the significance of the HS code system. HS stands for Harmonized System, which is an internationally standardized system of names and numbers to classify traded products. The HS code is a unique identification number assigned to each product, allowing for easy identification and classification in international trade.
In the case of HS Code 99126281, the goods are classified as MA goods. These goods are specifically categorized under subheading 6205.30.15. It is worth noting that these goods are subject to Note 51 TRQ, which refers to a Tariff Rate Quota. A Tariff Rate Quota is a trade policy tool that allows a specific quantity of goods to be imported at a lower tariff rate, while additional quantities face higher tariffs.
When it comes to the bound/MFN duty rate for HS Code 99126281, it is important to understand the concept of Most Favored Nation (MFN) treatment. Every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This ensures that every country receives equal treatment in terms of trade barriers and market access.
Unfortunately, the specific bound or MFN duty rate for HS Code 99126281 is not provided in the available data. The bound/MFN duty rate may vary depending on the country and specific trade agreements in place. It is essential to consult the customs regulations and tariff schedules of the importing and exporting countries to determine the applicable duty rate.
Regarding the quantity unit for HS Code 99126281, the data states that it is not available (NA). This indicates that the specific unit of measurement for these goods is not provided. The quantity unit is crucial for determining the volume or weight of the goods being traded and is often specified in kilograms, liters, or other relevant units.
Furthermore, HS Code 99126281 is eligible for special tariff preference programs. According to the data, the special rate for these goods is 9.9 cents per kilogram plus 3.9%. This special rate applies specifically to MA goods being imported from or exported to Morocco. It is important for traders to be aware of these special tariff preference programs and take advantage of the benefits they offer.
HS Code 99126281 pertains to MA goods in subheading 6205.30.15 above Note 51 TRQ. While the specific bound/MFN duty rate and quantity unit are not available in the provided data, it is essential for traders to consult the customs regulations and tariff schedules of the importing and exporting countries. Additionally, the special tariff preference program for these goods offers a favorable rate for trade with Morocco. Understanding the details of HS Code 99126281 is crucial for ensuring compliance with trade regulations and taking advantage of any available benefits.