Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99126325: An Overview of MA Goods in Subheading 6303.92.10 or 6303.92.20 Subject to Note 61 TRQ

The Harmonized System (HS) is an international standard for classifying goods in international trade. Each product is assigned a unique code known as the HS code, which is used by customs authorities to determine the appropriate tariff rates and regulations for import and export. In this article, we will explore the HS Code 99126325, specifically focusing on MA goods in subheading 6303.92.10 or 6303.92.20 subject to Note 61 TRQ.

Product Description:

• HS Code: 99126325
• Subheading: 6303.92.10 or 6303.92.20
• Note 61 TRQ: This note refers to a special trade measure known as a Tariff Rate Quota (TRQ). It indicates that certain goods falling under subheading 6303.92.10 or 6303.92.20 may be subject to specific import restrictions or preferential treatment.

Bound / MFN Duty Rate:

Every time a country lowers a trade barrier or opens up a market, it is required to apply the same treatment to all its trading partners. This principle is known as the Most Favored Nation (MFN) principle. The bound duty rate refers to the maximum tariff rate that a country can apply on a particular product. In the case of HS Code 99126325, the bound / MFN duty rate may vary depending on the country of import.

Quantity Unit: Not Available (NA)

Special Tariff Preference Programs:

• Free (MA): This indicates that MA goods falling under subheading 6303.92.10 or 6303.92.20 are eligible for tariff-free importation under the special tariff preference program offered by Morocco (MA). This program provides preferential treatment to certain goods imported from Morocco, promoting trade between the participating countries.

Importing US States:

The HS Code 99126325 applies to import transactions into the United States. However, it is important to note that the specific regulations and requirements may vary between different states within the country. Importers should consult with the relevant authorities or seek professional advice to ensure compliance with the applicable laws and regulations.

Exporting US States:

When exporting goods classified under HS Code 99126325 from the United States, the same HS code is used to identify the products. Exporters should be aware of the import regulations and requirements of the destination country to ensure smooth customs clearance and compliance with the applicable trade laws.

HS Code 99126325 represents MA goods in subheading 6303.92.10 or 6303.92.20 subject to Note 61 TRQ. Importers and exporters dealing with these goods should be familiar with the relevant regulations, including the bound / MFN duty rate, special tariff preference programs, and any specific requirements of the importing and exporting countries. Compliance with the HS code classification and associated trade measures is crucial for successful international trade operations.