The Harmonized System (HS) Code 99141775 pertains to BH goods falling under subheading 2103.90.78, specifically over note 10 TRQ. This article will provide an educational overview of this HS code and its associated data, including the product description, bound/MFN duty rate, quantity unit, and special tariff preference programs.
Product Description:
The goods classified under subheading 2103.90.78 are known as BH goods. Unfortunately, the specific product description for these goods is not available in the given data. However, it is important to note that the classification under this subheading indicates a certain category of products that fall within the broader category of BH goods.
Bound / MFN Duty Rate:
Every time 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. This principle is known as the bound/MFN (Most Favored Nation) duty rate. The bound/MFN duty rate ensures that all trading partners are treated equally and that there is no discrimination in trade. Unfortunately, the specific bound/MFN duty rate for HS Code 99141775 is not provided in the given data. However, it is crucial to understand the significance of the bound/MFN duty rate in international trade.
Quantity Unit:
The quantity unit for HS Code 99141775 is not available (NA) in the given data. The quantity unit typically refers to the standardized measurement used to quantify the goods being traded. It could be in terms of weight, volume, or any other relevant unit of measurement. The absence of a quantity unit for this HS code suggests that further information is needed to determine the specific quantity associated with these goods.
Special Tariff Preference Programs:
HS Code 99141775 is eligible for a special tariff preference program in Bahrain. The specific tariff rate for this program is 18.3 cents/kg plus 3.8%. This means that goods classified under this HS code will be subject to a tariff rate of 18.3 cents per kilogram, in addition to a 3.8% tariff based on the value of the goods. It is important for importers and exporters to be aware of these special tariff preference programs, as they can significantly impact the cost of trade and competitiveness in the market.
Importing US States and Exporting US States:
The data provided does not include information about the specific importing and exporting US states for HS Code 99141775. However, it is worth noting that the origin and destination of trade can have significant implications for customs procedures, transportation logistics, and trade agreements. Importers and exporters should be mindful of the specific requirements and regulations associated with the US states involved in the trade.
HS Code 99141775 represents BH goods falling under subheading 2103.90.78 over note 10 TRQ. While the specific product description, bound/MFN duty rate, and quantity unit are not provided in the given data, it is important to understand the broader concepts associated with these elements in international trade. Additionally, the special tariff preference program in Bahrain offers a specific tariff rate for goods classified under this HS code. Importers and exporters should consider these factors when engaging in trade activities related to HS Code 99141775.