The HS Code 99150406 refers to CR, HN or SV goods in subheading 0401.30.75 that are subject to U.S. note 6(b) limits. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 99150406 is CR, HN or SV goods in subheading 0401.30.75. CR stands for Costa Rica, HN stands for Honduras, and SV stands for El Salvador. The subheading 0401.30.75 provides further classification for specific types of goods within these countries.
It is important to note that these goods are subject to U.S. note 6(b) limits. U.S. note 6(b) refers to a specific regulation or limitation imposed by the United States on the import or export of certain goods. These limits may include restrictions on quantity, value, or other factors.
Every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This principle is known as the Most Favored Nation (MFN) treatment. The bound duty rate refers to the maximum rate of duty that a country can impose on imports of a particular product.
Unfortunately, specific information about the bound / MFN duty rate for HS Code 99150406 is not available in the provided data. However, it is essential for importers and exporters to be aware of the duty rates applicable to their products to ensure compliance with customs regulations.
The quantity unit for HS Code 99150406 is not available (NA) in the provided data. The quantity unit typically indicates the measurement or unit of quantity used for the goods being imported or exported. It could be kilograms (kg), liters (L), units, or any other appropriate unit of measurement.
When dealing with international trade, it is crucial to accurately determine and communicate the quantity unit to avoid any confusion or discrepancies during customs procedures.
The special tariff preference program applicable to HS Code 99150406 is $1.646/kg (P+). This rate is known as the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus).
The Dominican Republic-Central American Plus (DR-CAFTA Plus) is a trade agreement between the United States and the countries of Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic. This agreement provides preferential tariff treatment to certain goods traded between these countries and the United States.
Under the DR-CAFTA Plus rate, importers of goods classified under HS Code 99150406 can benefit from a lower tariff rate of $1.646 per kilogram. This special tariff preference program aims to promote trade and economic cooperation between the participating countries.
The provided data does not specify the importing or exporting U.S. states for HS Code 99150406. However, it is important to note that the import and export of goods under this HS code can occur between various states within the United States.
Each state in the United States has its own regulations and requirements for importing and exporting goods. Importers and exporters must comply with these regulations and ensure proper documentation, customs clearance, and adherence to any applicable trade agreements or restrictions.
HS Code 99150406 pertains to CR, HN, or SV goods in subheading 0401.30.75 subject to U.S. note 6(b) limits. This article provided an overview of the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code. It is essential for individuals and businesses engaged in international trade to understand and comply with the regulations and requirements related to their specific HS codes.