The HS Code 99150436 refers to a specific category of goods known as GT, NI or SV goods in subheading 0403.90.95. These goods are subject to U.S. note 8(b) limits, which regulate their import and export activities. In this article, we will explore the details of this HS code and provide valuable information for importers and exporters.
The product description for HS Code 99150436 is GT, NI or SV goods in subheading 0403.90.95. This subheading represents a specific classification within the broader category of goods. It is essential to understand the product description to ensure accurate classification and compliance with relevant regulations.
When it comes to international trade, countries often impose various trade barriers or restrictions. However, the World Trade Organization (WTO) promotes the principle of Most Favoured Nation (MFN) treatment. This means 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.
For HS Code 99150436, the bound / MFN duty rate is not specified in the available data. However, it is essential to consider the MFN principle when dealing with import and export activities related to this HS code.
The quantity unit for HS Code 99150436 is listed as not available (NA) in the data provided. The absence of a specific quantity unit suggests that the measurement or unit of the goods under this HS code may vary depending on the specific product being imported or exported.
Under special tariff preference programs, certain goods may be eligible for preferential treatment in terms of customs duties. For HS Code 99150436, the special tariff preference program is specified as $1.034/kg + 17%. This means that the applicable duty rate for this HS code, under the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus), is $1.034 per kilogram plus an additional 17%.
HS Code 99150436 applies to goods imported and exported by various U.S. states. The specific importing and exporting states are not mentioned in the provided data. However, it is crucial for importers and exporters to consider the specific regulations and requirements of the involved states when dealing with goods classified under this HS code.
HS Code 99150436 represents GT, NI or SV goods in subheading 0403.90.95 subject to U.S. note 8(b) limits. Understanding the product description, bound / MFN duty rate principles, quantity unit, special tariff preference programs, and the importing and exporting US states is essential for anyone involved in the import and export of goods falling under this HS code. Compliance with relevant regulations and accurate classification of goods are crucial for successful international trade activities.