The HS Code 99150439 corresponds to a specific category of goods in international trade. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The goods classified under HS Code 99150439 fall under the subheadings of either 0405.20.70 or 2106.90.66. These subheadings typically include products from the countries GT (Guatemala), NI (Nicaragua), or SV (El Salvador). The specific goods within these subheadings may vary, but they are subject to the limitations set forth in U.S. Note 8(b).
When 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. This principle, known as the Most Favored Nation (MFN) principle, ensures fairness and non-discrimination in international trade. The bound duty rate for goods classified under HS Code 99150439 would be the same across all trading partners.
The quantity unit for goods classified under HS Code 99150439 is not available (NA). This means that the specific unit of measurement for these goods is not specified or relevant in the context of this HS code. The quantity of goods would be determined based on other factors such as weight, volume, or value.
For goods classified under HS Code 99150439, there is a special tariff preference program known as the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). This program offers a tariff rate of 70.4 cents per kilogram plus an additional 8.5% of the value of the goods. The DR-CAFTA Plus rate applies to the importation of these goods.
The HS Code 99150439 is relevant for both importing and exporting US states. This means that goods falling under this HS code can be either imported into or exported from the United States. The specific states involved in these import and export transactions may vary depending on the trading partners and the nature of the goods.
the HS Code 99150439 represents a category of goods from GT, NI, or SV, falling under specific subheadings and subject to U.S. Note 8(b) limits. The duty rates, quantity unit, and special tariff preference programs associated with this HS code provide important information for businesses engaged in international trade.