The HS Code 99150456 refers to GT, NI or SV goods in subheadings 0402.91.70 or 0402.91.90 over U.S. note 8(a) or 8(b) limits. This code is used to classify and identify specific products for international trade. It plays a crucial role in customs and trade regulations, ensuring that goods are properly categorized and taxed.
When it comes to trade barriers and market openings, the HS Code 99150456 follows the principle of bound / Most Favored Nation (MFN) duty rate. 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. This principle promotes fair trade practices and prevents discriminatory treatment.
Unfortunately, the quantity unit for the HS Code 99150456 is not available (NA). This means that the specific unit of measurement for this product is not specified or standardized. It could vary depending on the nature of the goods being traded.
There is a special tariff preference program associated with the HS Code 99150456. The tariff rate is 31.3 cents per kilogram (P+), and it is applicable under the Dominican Republic-Central American Free Trade Agreement Plus (DR-CAFTA Plus) program. This program allows for preferential treatment in trade between the United States and participating countries in the region.
When importing goods under HS Code 99150456, it is important to consider the exporting US states. The specific states involved in the trade will have their own regulations and requirements for customs clearance. It is crucial to comply with these regulations to ensure smooth and legal importation of the goods.
the HS Code 99150456 plays a significant role in classifying and regulating the trade of GT, NI or SV goods in subheadings 0402.91.70 or 0402.91.90 over U.S. note 8(a) or 8(b) limits. It follows the principle of bound / MFN duty rate and is associated with a special tariff preference program. Importers must also consider the exporting US states when dealing with goods under this HS Code. Understanding and complying with these regulations are essential for successful international trade.