The HS Code 99145240 refers to BH goods in subheading 5202.99.30 over note 12 TRQ. In this article, we will explore the details of this HS code, including its product description, bound/MFN duty rate, quantity unit, and special tariff preference programs.
The product description for HS Code 99145240 is BH goods in subheading 5202.99.30 over note 12 TRQ. This code represents a specific category of goods that fall under the broader subheading 5202.99.30. The inclusion of "BH" suggests that these goods originate from Bahrain.
The bound/MFN duty rate refers to the rate at which a country imposes import duties on goods or services. It is an important factor to consider when engaging in international trade. In the case of HS Code 99145240, the bound/MFN duty rate is determined by the country's trade policies.
It is worth noting that 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 ensures fair and non-discriminatory treatment in international trade.
Unfortunately, the available data does not provide information about the quantity unit for HS Code 99145240. The quantity unit is usually specified to indicate the measurement or quantity in which the goods are traded, such as kilograms, liters, or pieces. Without this information, it is difficult to determine the specific measurement for this HS code.
Special tariff preference programs are designed to provide certain countries or regions with trade advantages, such as reduced import duties or preferential treatment. In the case of HS Code 99145240, there is a special tariff preference program in place.
The special rate for this HS code is 4.6 cents per kilogram (4.6 cents/kg) and is applicable to Bahrain. This means that goods falling under this HS code and originating from Bahrain can benefit from a lower import duty rate compared to goods from other countries.
Unfortunately, the available data does not provide information about the specific importing and exporting US states for HS Code 99145240. Importing and exporting states play a crucial role in international trade, as they determine the flow of goods and the associated trade policies and regulations.
It is important for importers and exporters to be aware of the specific states involved in the trade of goods falling under HS Code 99145240. This knowledge enables them to navigate the applicable regulations, taxation, and any special programs or preferences that may be available.
HS Code 99145240 represents BH goods in subheading 5202.99.30 over note 12 TRQ. This code is associated with a specific category of goods originating from Bahrain. The bound/MFN duty rate, quantity unit, and specific importing and exporting US states may vary and should be considered when engaging in international trade. Additionally, the existence of a special tariff preference program allows for a reduced import duty rate for goods falling under this HS code and originating from Bahrain.