HS Code 99140422 refers to a specific category of goods in subheading 0402.21.50 or 0403.90.55 that fall under the BH (Bahrain) customs classification. This HS code is used to identify and classify imported and exported goods for customs and trade purposes. Understanding the details and implications of this HS code is important for both importers and exporters.
Goods classified under HS Code 99140422 can be described as BH goods in subheading 0402.21.50 or 0403.90.55 over note 6 TRQ. The subheadings 0402.21.50 and 0403.90.55 further categorize the specific type of goods being imported or exported. It is essential to have a clear understanding of the product description to ensure compliance with customs regulations and to determine the appropriate duty rates.
The bound / MFN (Most Favored Nation) duty rate is the rate applied to goods imported or exported under HS Code 99140422. The concept of bound duty rates ensures that when 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 promotes fair and equal treatment among trading nations.
Unfortunately, the quantity unit for goods classified under HS Code 99140422 is not available (NA). The absence of a specific quantity unit means that the goods may be measured or quantified differently based on their nature or specific requirements. Importers and exporters must consult with the relevant authorities or trade professionals to determine the appropriate quantity unit for their specific goods.
For goods classified under HS Code 99140422, there is a special tariff preference program available. The tariff preference program for these goods is 65.5 cents/kg (BH). This means that these goods are eligible for a reduced duty rate of 65.5 cents per kilogram when imported into Bahrain. Importers can take advantage of this special rate to reduce their import costs and promote trade between Bahrain and other countries.
Goods classified under HS Code 99140422 can be imported into various states in the United States. Importers need to comply with the customs regulations and requirements of the specific state they are importing the goods into. It is crucial to be aware of any additional state-specific duties, taxes, or documentation that may be applicable.
Similarly, goods classified under HS Code 99140422 can be exported from various states in the United States. Exporters must comply with the customs regulations and requirements of both the United States and the destination country. It is essential to understand the export procedures, documentation, and any applicable duties or restrictions to ensure smooth and legal export transactions.
HS Code 99140422 is a specific code used to classify goods falling under subheading 0402.21.50 or 0403.90.55 for import and export purposes. Understanding the product description, duty rates, special tariff preference programs, and other relevant details associated with this HS code is crucial for importers and exporters to ensure compliance and facilitate international trade.