The HS Code 99129541 refers to MA apricots in subheading 2008.50.40< 24.5?/kg. This code is used to classify and identify specific products for import and export purposes. In this case, it specifically pertains to apricots originating from Morocco (MA) and falls under the subheading 2008.50.40 in the Harmonized System (HS).
The Harmonized System (HS) is an internationally recognized system for classifying and identifying traded products. It is used by customs authorities around the world to determine the appropriate duty rates, regulations, and restrictions for imported and exported goods. The HS Code is a unique numerical code assigned to each product, providing a standardized method for classifying products across different countries.
When importing or exporting goods, it is important to correctly identify and classify the products using the appropriate HS Code. This ensures compliance with customs regulations and facilitates smooth trade transactions. The HS Code 99129541 specifically identifies MA apricots falling under the subheading 2008.50.40, which is a specific category for apricots in the HS system.
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. The Bound/MFN (Most Favored Nation) duty rate is the maximum rate of duty that a country can impose on a specific product. This rate is applied equally to all trading partners, ensuring non-discrimination in international trade. The bound/MFN duty rate for HS Code 99129541 is not available in the given data.
Quantity Unit:
The quantity unit for HS Code 99129541 is not available (NA) in the provided data. The quantity unit specifies the measurement or unit of the product being traded, such as kilograms (kg), liters (L), or pieces (pcs).
Special Tariff Preference Programs:
Special tariff preference programs are trade agreements or arrangements that provide preferential treatment to certain products from specific countries. These programs aim to promote trade and economic cooperation between countries. In the given data, the special tariff preference program for HS Code 99129541 is 29.8% for Morocco (MA). This means that imports of MA apricots falling under this HS Code can benefit from a reduced duty rate of 29.8% when imported into countries that participate in this preference program.
Importing US States:
The data does not provide information about the specific US states that import HS Code 99129541. However, it can be assumed that apricots from Morocco falling under this HS Code are imported by various states in the United States.
Exporting US States:
The data does not provide information about the specific US states that export HS Code 99129541. However, it can be assumed that US states with apricot production may export apricots falling under this HS Code to other countries.
HS Code 99129541 refers to MA apricots in subheading 2008.50.40< 24.5?/kg. It is important to correctly identify and classify products using the appropriate HS Code to ensure compliance with customs regulations and facilitate smooth trade transactions. The provided data highlights the special tariff preference program for Morocco (MA) at a rate of 29.8%. Although the specific importing and exporting US states are not mentioned, it can be assumed that apricots falling under this HS Code are traded between various states in the United States and other countries.