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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99126324

The HS Code 99126324 is used to classify a specific type of goods in the international trade system. In this article, we will explore the details of this HS code and its associated product description, duty rates, quantity unit, and special tariff preference programs.

Product Description

The goods classified under HS Code 99126324 fall under the subheading 6303.91.00. This subheading is related to a specific category of goods in the international trade system. Unfortunately, the provided data does not specify the exact nature or description of the goods. However, it can be inferred that these goods are related to the country of Morocco (MA) based on the special tariff preference program mentioned below.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate is a term used in international trade to refer to the standard duty rate imposed on imported goods. It represents the maximum rate that can be charged on a specific product. The data provided does not mention the specific bound / MFN duty rate for HS Code 99126324. However, it is important to note that every time a country lowers a trade barrier or opens up a market, it must apply the same treatment to all its trading partners.

Quantity Unit

Unfortunately, the data does not provide information about the quantity unit for HS Code 99126324. The quantity unit is a measurement used to determine the quantity or volume of goods being traded. It could be in kilograms, liters, pieces, or any other suitable unit depending on the nature of the goods.

Special Tariff Preference Programs

HS Code 99126324 is eligible for a special tariff preference program with a rate of 2% for goods imported from Morocco (MA). The special rate is applicable to specific goods imported from Morocco under this program. This indicates that there may be a trade agreement or bilateral arrangement between the importing country and Morocco, which grants preferential treatment to these goods.

It is important to note that the special tariff preference program mentioned is specific to the United States. The data does not provide information on the exporting US states, which would indicate the origin of the goods being exported to the United States under HS Code 99126324.

Conclusion

HS Code 99126324 represents a specific category of goods in the international trade system. Although the provided data lacks specific details about the product description, bound / MFN duty rate, and quantity unit, it highlights the existence of a special tariff preference program for goods imported from Morocco at a rate of 2% for the United States. It is important for traders and importers to be aware of the details and implications of HS codes to ensure compliance with trade regulations and take advantage of any available preferential treatment.



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