The HS Code 99150420 refers to CR goods in subheadings 0402.10.50 and other dairy products that are subject to U.S. note 7(a) limit. This article will provide an in-depth understanding of this HS code, its product description, duty rates, quantity units, and special tariff preference programs. Let's explore further below.
The product description for HS Code 99150420 includes CR goods in subheadings 0402.10.50 and similar dairy products. CR stands for Costa Rica, indicating that these goods originate from or are associated with Costa Rica. Subheading 0402.10.50 specifically refers to dairy products, which could include items like cheese, milk, butter, and yogurt. These products are subject to U.S. note 7(a) limit, implying that there are certain restrictions or limitations placed on their import or export.
The bound or Most Favored Nation (MFN) duty rate is a crucial aspect of international trade. It ensures 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. In the case of HS Code 99150420, the bound / MFN duty rate will vary depending on the specific country and the trade agreements in place. It is essential for importers and exporters to be aware of these duty rates to calculate their potential costs accurately.
Unfortunately, the available data does not provide information about the quantity unit for HS Code 99150420. The quantity unit is typically mentioned to specify the measurement used to determine the quantity of goods being imported or exported. It could be in kilograms, liters, pieces, or any other applicable unit. However, in this case, the quantity unit is marked as not available (NA).
HS Code 99150420 is eligible for a special tariff preference program called Free (P+). This program specifically refers to the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). It allows for duty-free or reduced duty rates for goods traded between the United States and the countries included in the DR-CAFTA agreement. This special tariff preference program aims to promote economic cooperation and development among these countries by facilitating smoother trade.
Unfortunately, the available data does not provide specific information about the importing US states and exporting US states for HS Code 99150420. The importing US states would indicate the states within the United States where these goods are being imported, while the exporting US states would indicate the states within the United States from where these goods are being exported. Gathering this information would help in understanding the trade flow and market demand for the products associated with HS Code 99150420.
HS Code 99150420 represents CR goods in subheadings 0402.10.50 and other similar dairy products subject to U.S. note 7(a) limit. It is essential for businesses involved in international trade to understand the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code. By staying informed about these details, importers and exporters can make informed decisions and navigate the global market more effectively.