When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in identifying and classifying specific goods. In this article, we will delve into the details of HS Code 99142410, which pertains to BH goods falling under subheadings 2401.10.65, 2401.20.35, 2401.20.87, 2401.30.70, 2403.10.90, 2403.91.47, or 2403.99.90 over note 11 TRQ.
The HS Code system is used by countries worldwide to facilitate trade and ensure uniformity in customs procedures. It allows for the systematic categorization of goods based on their characteristics and enables customs officials to determine the applicable duties, taxes, and regulations.
In the case of HS Code 99142410, it encompasses various BH goods falling under different subheadings. Subheading 2401.10.65 refers to unmanufactured tobacco leaves, while subheading 2401.20.35 covers tobacco partially or wholly stemmed. Subheading 2401.20.87 includes tobacco refuse, and subheading 2401.30.70 relates to cigars, cheroots, and cigarillos.
Additionally, subheading 2403.10.90 encompasses cigarettes containing tobacco, and subheading 2403.91.47 pertains to cigarettes containing a mixture of tobacco and another substance. Lastly, subheading 2403.99.90 covers other manufactured tobacco products not elsewhere specified.
One important aspect of HS Code 99142410 is the bound / Most Favored Nation (MFN) duty rate. The MFN principle states that every time a country lowers a trade barrier or opens up a market, it must apply the same treatment to all its trading partners.
For BH goods falling under HS Code 99142410, the MFN duty rate is not explicitly provided in the available data. However, it is essential to note that the MFN duty rate applies to all goods under this HS Code, ensuring fair and equal treatment for trading partners.
The available data does not specify the quantity unit for HS Code 99142410. It is denoted as "NA" (not available), indicating that the information regarding the quantity unit is either missing or not applicable in this context.
HS Code 99142410 is subject to a special tariff preference program, specifically for Bahrain (BH). The applicable rate under this program is 210%. This means that when importing goods falling under this HS Code into Bahrain, a tariff rate of 210% will be applied.
The special tariff preference program is a measure taken by Bahrain to promote specific industries or support domestic production. By offering preferential tariff rates, Bahrain aims to incentivize the importation of certain goods and encourage economic growth.
HS Code 99142410 applies to goods imported into and exported from the United States. While the available data does not specify the individual states involved in the import and export of these goods, it is safe to assume that multiple states engage in trade activities related to BH goods falling under subheadings 2401.10.65, 2401.20.35, 2401.20.87, 2401.30.70, 2403.10.90, 2403.91.47, or 2403.99.90 over note 11 TRQ.
As a major player in international trade, the United States engages in import and export activities across various industries and commodities. HS Code 99142410 serves as a key reference for customs officials and traders involved in the importation and exportation of BH goods within the United States.
HS Code 99142410 encompasses BH goods falling under subheadings 2401.10.65, 2401.20.35, 2401.20.87, 2401.30.70, 2403.10.90, 2403.91.47, or 2403.99.90 over note 11 TRQ. Understanding this HS Code is essential for traders, customs officials, and anyone involved in international trade, as it enables accurate classification, determination of duty rates, and compliance with applicable regulations.