The HS Code 99129553 refers to a specific product description: MA other peaches/nectarines in subheading 2008.70.10>=22?/kg< 33?/kg. This code is used for the classification and identification of goods during international trade.
When importing or exporting goods, it is crucial to have a standardized system for categorizing products. The HS Code provides a universal language for trade, ensuring that goods are properly classified and customs procedures are streamlined.
In the case of HS Code 99129553, it specifically pertains to peaches and nectarines falling under the subheading 2008.70.10. The numerical values >=22?/kg< 33?/kg indicate the weight range of the product, which falls between 22 kilograms and 33 kilograms.
One important aspect to consider when dealing with international trade is the bound or MFN (Most Favored Nation) duty rate. This rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of tariffs or duties. This helps to create a fair and level playing field for all parties involved.
Unfortunately, the specific bound or MFN duty rate for HS Code 99129553 is not provided in the available data. However, it is essential to be aware of the duty rates applicable to the import or export of goods to avoid any unexpected costs or delays.
The quantity unit for HS Code 99129553 is not available (NA), which means that additional information about the quantity or volume of the product is not provided in the dataset.
When it comes to tariff preference programs, the data states that there is a 16% special rate for this product under the MA (Morocco) Special Tariff Preference program. This program allows for a reduced tariff rate for specific goods imported from or exported to Morocco.
It is also worth mentioning that the article repeatedly includes the HS Code 99129553 to emphasize its significance in international trade. The HS Code acts as a unique identifier for the product being traded, facilitating communication and ensuring accurate classification.
HS Code 99129553 pertains to MA other peaches/nectarines in subheading 2008.70.10>=22?/kg< 33?/kg. This code plays a crucial role in international trade, allowing for standardized classification and identification of goods. It is important to be aware of the bound or MFN duty rate, quantity unit, and any special tariff preference programs associated with the HS Code to ensure smooth and cost-effective trade operations.