HS Code 99140205 refers to a specific product category under the Harmonized System (HS) code classification system. The HS code is an internationally recognized system used to classify and identify products for customs and trade purposes.
The product description for HS Code 99140205 includes goods falling under subheadings 0201.10.50, 0201.20.80, 0201.30.80, 0202.10.50, 0202.20.80, or 0202.30.80. These subheadings indicate the specific type of goods being traded, such as certain types of meat or meat products.
It is important to note that these goods are subject to "note 3 TRQ," which refers to a specific trade policy or quota. This means that there may be certain restrictions or regulations in place for importing or exporting these goods, and traders should be aware of any requirements or limitations.
When it comes to the bound / MFN (Most Favored Nation) duty rate for HS Code 99140205, it is generally applicable to all countries. The bound duty rate is the maximum tariff rate that a country can apply to imports. MFN principle means that 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. This principle ensures fairness and non-discrimination in international trade.
The quantity unit for HS Code 99140205 is not available (NA), which means that the specific unit of measurement for these goods is not specified or relevant to the classification or trade purposes.
There are special tariff preference programs applicable to HS Code 99140205, such as the "Free (BH)" program. "BH" refers to Bahrain, and this special rate allows for duty-free importation of the specified goods from Bahrain. This program may be part of a bilateral trade agreement or preferential trade arrangement between countries.
When it comes to importing or exporting goods under HS Code 99140205, it is essential to consider the specific regulations and requirements of both the importing and exporting countries. Different US states may have varying regulations or restrictions on the importation of these goods, while exporting US states may have specific requirements for shipment or documentation.
Overall, HS Code 99140205 classifies a specific category of goods, and understanding its details and associated regulations is crucial for traders and businesses engaged in international trade.