HS Code 99140473 refers to a specific product category under subheadings 0406.10.28, 0406.20.33, 0406.20.67, 0406.30.28, 0406.30.67, 0406.90.12, or 0406.90.78. This code is used to classify goods and facilitate international trade. In this article, we will explore the details of HS Code 99140473, including its product description, duty rates, quantity unit, and special tariff preference programs.
HS Code 99140473 encompasses various goods falling under the aforementioned subheadings. These subheadings represent specific categories related to the product's composition, manufacturing process, or packaging. It is important to note that the product description can vary depending on the specific subheading within the HS Code. To determine the exact nature of the goods under this code, it is necessary to refer to the detailed descriptions provided by the World Customs Organization (WCO).
Bound / MFN (Most Favored Nation) duty rate is a concept in international trade that ensures equal treatment of goods or services from all trading partners. When a country lowers a trade barrier or opens up its market, it must do so for all its trading partners. This principle promotes fair and non-discriminatory trade practices.
For goods classified under HS Code 99140473, the specific bound / MFN duty rate may vary depending on the country of import. To ascertain the duty rate applicable to a particular country, it is necessary to refer to the respective customs authorities or trade agreements between the countries involved.
Unfortunately, the quantity unit for goods classified under HS Code 99140473 is not available (NA). The absence of a quantity unit may indicate that the classification is not based on a specific quantity but rather on other criteria such as composition, packaging, or manufacturing process.
Under special tariff preference programs, certain goods classified under HS Code 99140473 may enjoy reduced or preferential duty rates. In the case of BH (Bahrain), the specific tariff preference program offers a duty rate of 73.6 cents per kilogram. This preferential rate applies to imports from Bahrain and is subject to the terms and conditions outlined in the program itself.
HS Code 99140473 is used for goods traded between various importing and exporting states of the United States. The specific states involved in import and export transactions under this code may vary depending on the nature of the goods and the trading relationships between different regions of the country.
It is important for businesses and individuals involved in international trade to understand the implications of HS Code 99140473. By correctly classifying goods under this code, importers and exporters can comply with customs regulations, determine the appropriate duty rates, and benefit from any special tariff preference programs available.
HS Code 99140473 is a significant classification for goods falling under specific subheadings. Understanding the product description, duty rates, quantity unit (if available), and special tariff preference programs associated with this code is crucial for conducting international trade efficiently and in compliance with relevant regulations.