HS Code 99150434 refers to GT, NI or SV goods in subheading 0402.99.90, which are subject to U.S. note 8(b) limits. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs related to this HS code.
HS Code 99150434 covers goods from Guatemala (GT), Nicaragua (NI), or El Salvador (SV) in the subheading 0402.99.90. This subheading specifically includes products such as dairy products, eggs, natural honey, and edible products of animal origin, not elsewhere specified or included.
It is important to note that these goods are subject to U.S. note 8(b) limits. This means that there may be certain restrictions or limitations on the quantity or value of these goods that can be imported or exported.
The bound / MFN (Most Favored Nation) duty rate is the rate applied to goods when a country lowers a trade barrier or opens up a market. According to the information available, the duty rate for HS Code 99150434 is not specified. However, it is important to understand that 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 ensures fair and equal treatment in international trade.
The quantity unit for HS Code 99150434 is listed as not available (NA). This means that the specific unit of measurement for these goods is not specified or provided. It is important for importers and exporters to clarify the quantity unit with relevant authorities or documentation to ensure accurate trade transactions.
HS Code 99150434 is eligible for a special tariff preference program known as the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). Under this program, the tariff rate is 46.3 cents/kg plus 14.9% of the value of the goods.
The DR-CAFTA Plus program aims to promote trade and economic cooperation between the United States and the countries of the Dominican Republic and Central America, including Guatemala, Nicaragua, and El Salvador. By offering preferential tariff rates, it encourages increased trade and investment opportunities.
HS Code 99150434 applies to goods imported into and exported from the United States. The specific states involved in the import and export of these goods may vary depending on the trading activities between the United States and Guatemala, Nicaragua, or El Salvador.
It is important for businesses and individuals involved in international trade to be aware of the import and export regulations, documentation requirements, and any specific state or regional considerations related to HS Code 99150434. Consulting with customs authorities or trade experts can provide valuable guidance in navigating these processes.
HS Code 99150434 covers GT, NI or SV goods in subheading 0402.99.90, subject to U.S. note 8(b) limits. Understanding the product description, duty rates, quantity unit, and special tariff preference programs related to this HS code is essential for importers, exporters, and trade professionals engaged in international trade with Guatemala, Nicaragua, or El Salvador.