The HS Code 99140444 refers to BH goods falling under subheading 1806.20.82 or 1806.20.87, with a special note related to TRQ (Tariff Rate Quota) in place. In this article, we will explore the details of this HS code, including the product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 99140444 specifies that it includes BH goods that belong to subheading 1806.20.82 or 1806.20.87. These subheadings refer to specific categories of goods, and further information about the exact nature of the products can be found within these subheadings.
The bound or most-favored-nation (MFN) duty rate is an important aspect of international trade. It ensures that whenever 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 case of HS Code 99140444, the specific duty rates may vary depending on the country of import and export.
Unfortunately, the quantity unit for HS Code 99140444 is not available (NA). This means that the specific unit of measurement for the goods falling under this HS code is not specified or may vary based on the specific circumstances of the trade.
For HS Code 99140444, there is a special tariff preference program in place for Bahrain. The specific rate for this program is 22.3 cents per kilogram (kg) plus 5.1%. This means that for every kilogram of goods falling under this HS code imported from or exported to Bahrain, an additional cost of 22.3 cents plus 5.1% of the value of the goods will be applicable.
The special tariff preference program is designed to promote trade between specific countries by offering preferential tariff rates. In the case of HS Code 99140444, Bahrain enjoys this special rate, which is lower than the standard duty rates that may be applicable for goods falling under this HS code in other countries.
HS Code 99140444 is relevant to both importing and exporting US states. The specific states involved in the import and export of goods falling under this HS code may vary based on the nature of the goods and the specific trade agreements in place.
It is important for businesses and individuals involved in international trade to understand the implications of HS Code 99140444 and its associated regulations. Compliance with the duty rates, quantity unit specifications, and special tariff preference programs is essential for smooth and lawful trade operations.
HS Code 99140444 pertains to BH goods falling under subheading 1806.20.82 or 1806.20.87 with a special note related to TRQ. It is crucial to be aware of the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code to ensure compliance and maximize the benefits of international trade.