The HS Code 99150435 refers to GT, NI or SV goods in subheading 0403.10.50 that are subject to U.S. note 8(b) limits. This code is used to classify and identify specific goods for international trade purposes. In this article, we will explore the product description and tariff information related to this HS Code.
The goods classified under HS Code 99150435 include products originating from Guatemala (GT), Nicaragua (NI), or El Salvador (SV) and fall under the subheading 0403.10.50. This subheading refers to milk and cream, concentrated or containing added sugar or other sweetening matter. It is important to note that these goods are subject to U.S. note 8(b) limits, which may impose certain restrictions or requirements on their import or export.
The bound or most favored nation (MFN) duty rate is applicable to HS Code 99150435. This duty rate ensures 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. In simpler terms, it means that the duty rate for these goods will remain consistent regardless of the country of origin or destination. The specific duty rate for this HS Code is not available in the provided data.
The quantity unit for HS Code 99150435 is not available (NA) in the provided data. This unit refers to the specific measurement or quantity in which the goods are traded. Unfortunately, without this information, it is difficult to determine the exact quantity or measurement for the goods classified under this HS Code.
For goods classified under HS Code 99150435, there is a special tariff preference program applicable. The specific tariff rate is $1.035/kg plus 17%. This rate applies to the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). This program offers preferential tariff treatment to eligible goods imported from the participating countries in the region.
The provided data does not include information about the specific importing or exporting US states related to HS Code 99150435. Importing US states refer to the states within the United States that receive these goods from international sources, while exporting US states are the ones that export these goods to other countries. Without this information, it is not possible to identify the specific states involved in the trade of goods classified under this HS Code.
HS Code 99150435 represents GT, NI or SV goods in subheading 0403.10.50 subject to U.S. note 8(b) limits. These goods are related to milk and cream products and may be subject to special tariff preference programs. The specific duty rate, quantity unit, and detailed information about importing and exporting US states are not available in the provided data. It is important for businesses involved in international trade to familiarize themselves with the applicable HS Codes and tariff information to ensure compliance and efficient trade operations.