HS Code 99126322 refers to a specific category of goods within subheading 6301.40.00, as noted in the above description. This code is used for tracking and categorizing international trade transactions and customs duties. In this article, we will explore the product description, duty rates, and special tariff preference programs associated with HS Code 99126322.
The product description for goods falling under HS Code 99126322 is "MA goods in subheading 6301.40.00 above note 59 TRQ." While this description may seem technical, it provides important information for customs officials and traders to accurately identify and classify the goods being imported or exported.
When it comes to duty rates, 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 principle is known as the bound or most-favored-nation (MFN) duty rate. Unfortunately, the specific duty rate for HS Code 99126322 is not available in the provided data. The duty rate can vary depending on the country and its trade agreements.
Regarding the quantity unit, the data indicates that it is not available (NA) for HS Code 99126322. This information is crucial for accurately tracking the volume or weight of goods being imported or exported. However, without this data, it becomes challenging to determine the exact quantity associated with this HS code.
Special tariff preference programs can provide certain benefits or incentives for importing or exporting goods. In the case of HS Code 99126322, there is a special tariff preference program available, specifically the Morocco Special Rate. Under this program, the duty rate for goods falling under this HS code is set at 1.8%. This preferential rate is applicable for trade between the importing country and Morocco.
It is important to note that the importing and exporting US states are not specified in the provided data. The HS code applies to international trade transactions and is used by various countries worldwide to classify and regulate imports and exports. The specific US states involved in the trade will depend on the parties involved in the transaction.
HS Code 99126322 represents a specific category of goods within subheading 6301.40.00. This article has provided an overview of the product description, duty rates, and special tariff preference programs associated with this HS code. While the duty rate and quantity unit are not available in the provided data, it is crucial for traders and customs officials to consider these factors when engaging in international trade. Additionally, the Morocco Special Rate offers a preferential duty rate of 1.8% for goods falling under this HS code in trade with Morocco.