HS Code 99126291 refers to a specific category of goods classified under subheading 6206.40.30 as per the Harmonized System (HS) of product classification. This HS code is important for international trade as it facilitates the smooth flow of goods across different countries.
Product Description: MA Goods in Subheading 6206.40.30 Above Note 53 TRQ
The product description for HS Code 99126291 specifies that it includes MA goods falling under subheading 6206.40.30. This subheading provides further details about the specific type of goods being traded. The mention of "Above Note 53 TRQ" indicates that there may be additional regulations or restrictions related to 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 principle, known as the Most Favored Nation (MFN) treatment, ensures equal treatment for all trading partners. The bound duty rate refers to the maximum tariff rate that a country can impose on imported goods, as specified in its trade agreements or commitments.
Quantity Unit: Not Available (NA)
The quantity unit for HS Code 99126291 is not available or specified. This means that the specific unit of measurement for the quantity of goods traded is not mentioned in the data provided.
Special Tariff Preference Programs: 5.4% (MA)
Under the special tariff preference programs, goods classified under HS Code 99126291 are eligible for a preferential tariff rate of 5.4% for imports into certain countries. In this case, the abbreviation "MA" refers to Morocco, indicating that this special rate applies specifically to trade between Morocco and the exporting country.
Importing and Exporting US States
HS Code 99126291 is relevant for imports and exports involving different US states. The specific states involved in the trade of goods falling under this HS code may vary depending on the trading partners and their respective market demands.
HS Code 99126291 represents a specific category of goods falling under subheading 6206.40.30. This code is important for international trade as it helps in the classification, regulation, and facilitation of the movement of goods across countries. Understanding the details and implications of this HS code is crucial for businesses and individuals involved in import and export activities.