HS Code 99140412 refers to BH goods in subheading 0402.21.90 or 0403.90.65, with the additional note 5 TRQ. In this article, we will explore the details of this HS code, including its product description, bound / MFN duty rate, quantity unit, and special tariff preference programs.
The product description for HS Code 99140412 is BH goods falling under either subheading 0402.21.90 or 0403.90.65. These subheadings are part of the Harmonized System (HS) classification, which is an international standard for classifying traded products.
Subheading 0402.21.90 covers dairy spreads, while subheading 0403.90.65 includes yogurt and other fermented milk products. BH goods falling under these subheadings are subject to specific regulations and trade requirements.
The bound / MFN (Most Favored Nation) duty rate is an important aspect of international trade. It ensures that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
For HS Code 99140412, the bound / MFN duty rate may vary depending on the specific country and trade agreements in place. It is essential for importers and exporters to consult the relevant trade documentation and customs authorities to determine the applicable duty rate.
Unfortunately, the quantity unit for HS Code 99140412 is not available (NA). This means that the unit of measurement for the goods classified under this HS code is not specified or may vary depending on the specific product.
When engaging in trade transactions involving HS Code 99140412, it is crucial for importers and exporters to clearly define the quantity unit and ensure accurate measurement and documentation.
Special tariff preference programs provide certain countries or regions with preferential treatment in terms of customs duties. These programs aim to promote economic cooperation and development, often by reducing or eliminating tariffs on specific goods.
For HS Code 99140412, there is a special tariff preference program available for goods imported from Bahrain (BH). The specific tariff rate is 93.3 cents per kilogram (93.3cents/kg) under the Bahrain Special Rate.
Importers or exporters dealing with BH goods falling under subheading 0402.21.90 or 0403.90.65 may benefit from this special tariff preference program when trading with Bahrain.
While the data provided does not specify the importing or exporting US states for HS Code 99140412, it is essential to consider the potential trade routes and destinations when engaging in international trade.
Depending on the nature of the BH goods classified under this HS code, they may be imported into various US states or exported from specific US states. Importers and exporters should consider factors such as transportation logistics, market demand, and regulatory requirements when determining the importing or exporting US states.
HS Code 99140412 represents BH goods falling under subheading 0402.21.90 or 0403.90.65, with additional note 5 TRQ. Understanding the product description, bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code is crucial for importers and exporters engaged in international trade. It is recommended to consult relevant trade documentation, customs authorities, and trade partners for accurate and up-to-date information.