HS Code 99140436 refers to BH goods in subheading 0403.90.95 with a special tariff preference program. In this article, we will delve into the details of this HS code, including the product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and the importing and exporting US states.
The product description for HS Code 99140436 is BH goods falling under subheading 0403.90.95. This subheading is part of the broader HS code 0403, which covers processed animal or vegetable fats and oils and their fractions.
Subheading 0403.90.95 specifically pertains to other vegetable fats and oils and their fractions, not chemically modified, with an iodine value exceeding 110. These goods are likely to have specific characteristics or uses, which are important to consider for importers and exporters.
The bound/MFN (Most Favored Nation) duty rate is an essential aspect of international trade. It ensures that when a country lowers a trade barrier or opens up a market, it applies the same rules to all its trading partners. In the case of HS Code 99140436, the specific bound/MFN duty rate is not provided in the available data.
The quantity unit for HS Code 99140436 is not available (NA) in the given data. The absence of this information implies that the quantity unit may vary based on specific trade transactions and agreements.
The special tariff preference program for HS Code 99140436 is outlined as follows:
This means that imports of BH goods falling under subheading 0403.90.95 are subject to a tariff of 62 cents per kilogram along with an additional 10.2% of the goods' value. The Bahrain Special Rate indicates that this tariff preference is specifically applicable to imports from Bahrain.
It is important for importers and exporters to take note of these special tariff preference programs as they can significantly impact the costs and competitiveness of traded goods.
The available data does not provide specific information about the importing and exporting US states for HS Code 99140436. However, it is worth noting that the United States maintains trade relations with numerous countries, including Bahrain. The importing and exporting states may vary based on the specific trade agreements and partnerships established between the US and Bahrain.
It is recommended for businesses involved in international trade to stay updated on the latest trade policies and agreements that could affect the import and export of goods under HS Code 99140436.
HS Code 99140436 encompasses BH goods in subheading 0403.90.95, which are subject to special tariff preference programs. Importers and exporters need to be aware of the specific product description, tariff rates, and any applicable special rates, such as the Bahrain Special Rate in this case. While the available data does not provide information on the quantity unit or the importing and exporting US states, staying informed about trade policies and agreements is crucial for successful international trade.