The HS Code 99140449 represents a specific category of goods known as BH goods, which fall under subheading 1901.20.15 or 1901.20.50 over note 7 TRQ. This article aims to provide an extensive overview of this HS Code, its product description, tariff rates, quantity unit, and special tariff preference programs.
BH goods, as classified under HS Code 99140449, are specific types of goods that meet the criteria set by subheading 1901.20.15 or 1901.20.50 over note 7 TRQ. The subheading refers to a particular category of goods within the broader category of HS Code 1901, which covers food preparations consisting of finely homogenized mixtures.
These BH goods are typically processed food products that undergo a specific manufacturing process to create finely homogenized mixtures. The exact nature of these goods and their specific characteristics may vary depending on the subheading under which they fall.
Every time 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 principle is known as the Most Favored Nation (MFN) principle. Under this principle, the bound or MFN duty rate for HS Code 99140449 applies to all trading partners equally.
The exact bound or MFN duty rate for BH goods under HS Code 99140449 is not provided in the available data. However, it is important to note that the bound or MFN duty rate may vary depending on the country and its specific trade agreements or policies.
The data does not provide any specific information about the quantity unit for BH goods under HS Code 99140449. The quantity unit refers to the standard unit of measurement used to quantify the amount or volume of goods being imported or exported.
Without the availability of the quantity unit, it becomes challenging to determine the exact measurement or weight of BH goods being traded under this HS Code. However, it is crucial to consult the relevant trade documentation or regulatory authorities to obtain accurate information about the quantity unit for BH goods.
For BH goods under HS Code 99140449, there is a special tariff preference program in place known as the Bahrain Special Rate. The tariff rate under this program is 25.3 cents per kilogram (kg) plus an additional 5.1% of the goods' value.
The Bahrain Special Rate provides a preferential tariff treatment for BH goods imported into Bahrain. This program aims to promote trade and cooperation between Bahrain and its trading partners by offering lower tariff rates compared to the standard rates.
It is important for exporters and importers of BH goods to familiarize themselves with the specific requirements and eligibility criteria of the Bahrain Special Rate program. This knowledge will help ensure compliance with the program's regulations and maximize the benefits of reduced tariff rates.
The available data does not provide information about the specific US states involved in the import or export of BH goods under HS Code 99140449. However, it is essential to acknowledge that different US states may have varying levels of involvement in the import and export of these goods.
US states with significant food processing industries or strong trade relations with Bahrain may be more likely to engage in the import or export of BH goods. It is advisable for businesses and traders interested in these goods to conduct market research and identify potential US states that offer favorable trade opportunities.
HS Code 99140449 represents BH goods falling under subheading 1901.20.15 or 1901.20.50 over note 7 TRQ. This article provided an extensive overview of this HS Code, including the product description, bound or MFN duty rate, quantity unit, special tariff preference programs, and importing/exporting US states. Importers, exporters, and businesses involved in the trade of BH goods should consult the relevant trade documentation and regulatory authorities for comprehensive and up-to-date information.