The HS Code 99150432 refers to GT, NI or SV goods in subheadings 0402.91.70 or 0402.91.90, which are subject to U.S. note 8(b) limits. In this article, we will explore the product description, trade regulations, and special tariff preference programs associated with this HS code.
GT, NI, and SV refer to Guatemala, Nicaragua, and El Salvador respectively. The goods classified under subheadings 0402.91.70 or 0402.91.90 can be categorized as specific types of meat, such as beef, pork, or poultry. These subheadings further specify the type of meat and its preparations.
For example, 0402.91.70 may refer to boneless cuts of beef, while 0402.91.90 may refer to other cuts of beef, pork, or poultry. The product description varies depending on the specific subheading used.
When it comes to international trade, countries have obligations to ensure fair competition and equal treatment for all trading partners. This principle is known as the Most-Favored Nation (MFN) principle. According to the MFN principle, 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.
In the case of HS Code 99150432, any trade barriers or market openings related to GT, NI, or SV goods in subheadings 0402.91.70 or 0402.91.90 should be applied equally to all countries involved in trade with the United States. This ensures that no country receives preferential treatment or faces unfair competition.
The quantity unit for HS Code 99150432 is not available (NA). This means that the specific measure used to quantify the quantity of goods imported or exported under this HS code is not specified. It could be weight, volume, or any other appropriate unit of measurement depending on the nature of the goods.
For HS Code 99150432, a special tariff preference program applies. The specific rate is 31.3 cents/kg (P+). This rate is applicable under the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). This program aims to promote trade and economic cooperation between the United States and the countries in the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA).
Under this program, GT, NI, or SV goods in subheadings 0402.91.70 or 0402.91.90 can benefit from a reduced tariff rate of 31.3 cents per kilogram when imported into the United States.
The HS Code 99150432 applies to goods imported into and exported from various U.S. states. The specific states involved in import and export activities related to this HS code can vary depending on the trade relationships and preferences of the countries involved.
It is important for importers and exporters to be familiar with the specific regulations and requirements of each U.S. state when engaging in trade activities related to HS Code 99150432. This includes ensuring compliance with customs procedures, documentation, and any additional state-specific regulations that may apply.
HS Code 99150432 covers GT, NI, or SV goods in subheadings 0402.91.70 or 0402.91.90, subject to U.S. note 8(b) limits. The product description, trade regulations, special tariff preference programs, and importing/exporting US states are all important factors to consider when dealing with this HS code. Understanding these details can help businesses navigate international trade successfully and take advantage of any available benefits or preferences.
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