HS Code 99140472 refers to a specific category of goods classified under subheading 0406. This code is used to identify and classify goods for import and export purposes. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.
The goods categorized under subheading 0406 include various products such as dairy spreads, butter, fats, and oils derived from milk. These goods are further classified into specific subcategories, namely 0406.10.18, 0406.20.28, 0406.20.63, 0406.30.18, 0406.30.63, 0406.40.70, or 0406.90.74.
It is important to note that these goods fall under the jurisdiction of BH (Bahrain). This means that they are imported or exported to and from Bahrain.
The bound or MFN (Most Favored Nation) duty rate is an important 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 case of goods classified under HS Code 99140472, the specific duty rates may vary depending on the country of import or export. It is advisable to consult the relevant customs authorities or trade agreements to determine the exact duty rates applicable for each country.
The quantity unit for goods classified under HS Code 99140472 is not available (NA). This means that the specific unit of measurement for these goods is not specified or may vary depending on the nature of the product.
It is important for importers and exporters to determine the quantity unit for their specific goods to ensure accurate calculations and compliance with trade regulations.
Special tariff preference programs can provide certain benefits or concessions for specific goods imported or exported under certain conditions. In the case of HS Code 99140472, a special tariff rate of $1.36 per kilogram (BH) is applicable for imports to Bahrain.
This special rate is designed to promote trade and facilitate the importation of goods falling under this HS code. Importers should take advantage of this program to reduce costs and enhance competitiveness in the Bahraini market.
While the specific data regarding the importing and exporting US states associated with HS Code 99140472 is not provided, it is essential to consider the potential trade flow between the United States and Bahrain for these goods.
Both countries have established trade relations, and it is likely that goods falling under this HS code are imported and exported between them. Importers and exporters should be aware of the relevant customs procedures, documentation requirements, and any specific regulations governing trade between the US and Bahrain.
To conclude, HS Code 99140472 encompasses a range of BH goods in subheading 0406.10.18, 0406.20.28, 0406.20.63, 0406.30.18, 0406.30.63, 0406.40.70, or 0406.90.74. Importers and exporters should familiarize themselves with the duty rates, special tariff preference programs, and any other relevant information pertaining to this HS code to ensure smooth and compliant international trade operations.