The HS Code 99150441 refers to specific goods falling under subheading 1704.90.58, which are subject to U.S. note 8(b) limits. This code is used to classify and identify these goods for international trade purposes. In this article, we will explore the details of this HS code and its implications for importers and exporters.
When it comes to international trade, countries often establish trade barriers or open up their markets. However, the principle of Most Favored Nation (MFN) requires 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. This means that the bound or MFN duty rate for goods under HS Code 99150441 should be consistent across all trading partners.
Unfortunately, the exact quantity unit for these goods is not available (NA). It is important for importers and exporters to have accurate information about the quantity unit to determine the cost and logistics involved in trading these goods.
One significant aspect of HS Code 99150441 is the special tariff preference programs associated with it. The tariff rate for these goods is 40 cents per kilogram plus 10.4%. This rate is applicable under the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus) program. This program provides certain tariff benefits for eligible goods traded between the United States and the participating countries in the Central American region.
Importing states in the United States and exporting states play a crucial role in the trade of goods under HS Code 99150441. The importing states refer to the states within the United States where these goods are being brought in, while the exporting states represent the states from where these goods are being shipped. Understanding the specific states involved in the import and export process can help businesses plan their logistics and distribution strategies effectively.
HS Code 99150441 refers to GT, NI or SV goods in subheading 1704.90.58 subject to U.S. note 8(b) limits. It is essential for importers and exporters to be aware of the details and implications of this HS code to ensure compliance with trade regulations and take advantage of special tariff preference programs such as DR-CAFTA Plus. By understanding the quantity unit, MFN duty rate, and the involvement of importing and exporting states, businesses can streamline their international trade operations and optimize their supply chains.