The HS Code 99126285 refers to MA goods in subheading 6206.30.20 above note 52 TRQ. 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. Let's dive in!
HS Code 99126285 specifically pertains to goods falling under the subheading 6206.30.20, which is further detailed in note 52 TRQ. These goods are categorized as MA (Morocco Special Rate) and have specific import regulations and requirements.
It is crucial for importers and exporters to understand the product description to ensure compliance with customs regulations and smooth trade operations. In this case, the goods can be identified using the specific subheading and note provided in the HS code.
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. The bound / MFN (Most Favored Nation) duty rate is the standard duty rate applied to imports of MA goods in subheading 6206.30.20 above note 52 TRQ.
The bound / MFN duty rate ensures fairness and non-discrimination among trading partners. It is important for importers and exporters to be aware of this duty rate to calculate the cost implications and make informed business decisions.
Unfortunately, the specific quantity unit for HS Code 99126285 is not available (NA). However, it is essential to consider the quantity when engaging in international trade. The quantity unit helps determine the volume or weight of the goods being imported or exported, aiding in logistics planning and cost calculations.
HS Code 99126285 is eligible for a special tariff preference program. The specific program applicable to this HS code is the Morocco Special Rate, which offers a tariff rate of 0.7%.
Special tariff preference programs aim to promote trade and economic cooperation between countries. Importers and exporters can take advantage of these programs to benefit from reduced tariff rates, ultimately enhancing their competitive position in the market.
HS Code 99126285 applies to both importing and exporting US states. This means that businesses located in any state within the United States can engage in the importation or exportation of MA goods falling under subheading 6206.30.20 above note 52 TRQ.
It is important to note that while the HS code is the same for both importing and exporting states, specific regulations and requirements may vary. It is advisable for businesses to consult with customs authorities and trade experts to ensure compliance with the respective state's import and export procedures.
HS Code 99126285 refers to MA goods in subheading 6206.30.20 above note 52 TRQ. This article provided a comprehensive overview of the HS code, including its product description, bound / MFN duty rate, quantity unit, and special tariff preference programs. Understanding these details is crucial for smooth trade operations and compliance with customs regulations.