The HS Code 99140413 refers to a specific category of goods known as BH goods in subheading 0403.90.78. 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. We will also discuss the importing and exporting US states associated with this HS code.
The product description for HS Code 99140413 is BH goods in subheading 0403.90.78. This subheading is part of the broader category of goods classified under HS code 0403.90, which includes dairy products and food preparations based on milk. BH goods specifically refer to products originating from Bahrain.
Subheading 0403.90.78 may include various dairy products or food preparations based on milk, such as cheese, yogurt, butter, or other similar products. These goods are subject to specific regulations and trade policies, which are further defined by the HS code.
The bound/MFN (Most Favored Nation) duty rate is a key 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. In the context of HS Code 99140413, the specific bound/MFN duty rate may vary depending on the importing and exporting countries.
It is important for traders and importers/exporters to be aware of the bound/MFN duty rate associated with HS Code 99140413 when engaging in international trade involving BH goods in subheading 0403.90.78. This information helps them understand the potential costs and tariffs they may encounter during the import/export process.
Unfortunately, the available data does not provide information regarding the quantity unit associated with HS Code 99140413. The quantity unit is a crucial aspect of trade documentation, as it specifies the measurement or unit for the quantity of goods being imported or exported. However, without this information, it is difficult to determine the exact quantity or measurement associated with BH goods in subheading 0403.90.78.
Traders and importers/exporters dealing with HS Code 99140413 should seek further clarification regarding the quantity unit from relevant trade authorities or through the official trade documentation provided by the exporting or importing countries.
Special tariff preference programs are designed to provide certain countries or goods with preferential treatment in terms of tariffs or duties. In the case of HS Code 99140413, Bahrain (BH) enjoys a special tariff rate of 98.7 cents per kilogram (98.7 cents/kg).
This special rate applies to BH goods in subheading 0403.90.78, indicating that Bahrain receives a preferential tariff treatment for these specific dairy products or food preparations based on milk. Importers or exporters dealing with BH goods under this HS code can benefit from the lower tariff rate, potentially making their trade more competitive and economically favorable.
While the available data does not specify the importing and exporting US states associated with HS Code 99140413, it is important to note that the United States is a significant player in global trade. The US has various states with different import/export capacities and preferences.
When engaging in trade involving BH goods in subheading 0403.90.78, traders should consider the specific regulations, requirements, and preferences of the importing and exporting US states. This information can help them navigate the complexities of international trade and ensure compliance with relevant trade policies.
HS Code 99140413 represents BH goods in subheading 0403.90.78, encompassing a range of dairy products or food preparations based on milk originating from Bahrain. Traders and importers/exporters should be aware of the bound/MFN duty rate, special tariff preference programs, and any specific requirements associated with this HS code to facilitate smooth and compliant international trade.