When it comes to international trade, the Harmonized System (HS) codes play a crucial role in identifying and classifying different products. In this article, we will explore the HS code 99150459, which represents GT, NI or SV goods in subheading 0403.10.50 over U.S. note 8(a) or 8(b) limits.
The HS code 99150459 is specifically associated with goods from countries such as Guatemala (GT), Nicaragua (NI), and El Salvador (SV) that fall under subheading 0403.10.50. This subheading refers to dairy products, including milk and cream, concentrated or containing added sugar or other sweetening matter.
However, the products falling under HS code 99150459 have certain limitations imposed by the United States under note 8(a) or 8(b). These limitations may include restrictions or quotas on the quantity of goods that can be imported from these countries. It is essential for importers and exporters to be aware of these limitations to ensure compliance with trade regulations.
One important concept related to trade barriers and market access is the Most Favored Nation (MFN) duty rate. According to this principle, 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. This ensures equal treatment and avoids discrimination among trading nations.
As for the duty rate associated with HS code 99150459, it is often subject to specific tariff preferences or special programs. In this case, the rate is $1.035/kg plus 17%. This rate is applicable under the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). It is important for importers and exporters to consider these special tariff preferences when calculating the overall cost of trade.
Unfortunately, the quantity unit for HS code 99150459 is not available (NA). This means that specific information regarding the quantity or volume of goods associated with this HS code is not provided. Importers and exporters should consult additional sources or contact relevant authorities for more details on the quantity unit.
HS code 99150459 represents GT, NI or SV goods in subheading 0403.10.50 over U.S. note 8(a) or 8(b) limits. Importers and exporters dealing with dairy products from Guatemala, Nicaragua, or El Salvador need to be aware of the restrictions or quotas imposed by the United States. Additionally, the Most Favored Nation (MFN) duty rate and special tariff preference programs, such as the DR-CAFTA Plus Rate, should be considered for accurate cost calculations. While the quantity unit for this HS code is not available, it is crucial to seek further information from relevant sources or authorities to ensure compliance with trade regulations.