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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99150468: GT, NI or SV Goods in Subheadings 1806.20.82 or 1806.20.87 over U.S. Note 8(a) or 8(b) Limits

The HS Code 99150468 refers to a specific category of goods in international trade. In this article, we will explore the product description, bound duty rate, quantity unit, and special tariff preference programs associated with this HS Code.

Product Description

The goods falling under HS Code 99150468 are categorized as GT, NI, or SV goods in subheadings 1806.20.82 or 1806.20.87. These subheadings provide a more specific classification for the type of goods being traded.

It is important to note that these goods are subject to U.S. Note 8(a) or 8(b) limits. This means that there are certain restrictions or conditions imposed on the import or export of these goods. These limits may vary based on the specific subheadings and the trading partners involved.

Bound / MFN Duty Rate

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 principle is known as the Most Favored Nation (MFN) status. The bound duty rate for goods under HS Code 99150468 would depend on the trade agreements and policies in place between the trading partners.

The bound duty rate ensures that any changes in trade barriers or market access are applied consistently to all trading partners. It promotes fair and non-discriminatory trade practices among nations.

Quantity Unit

Unfortunately, the quantity unit for goods under HS Code 99150468 is not available (NA). This means that the specific unit of measurement for these goods is not specified in the data provided. However, it is essential to consider the quantity and volume of goods when engaging in international trade.

Special Tariff Preference Programs

For goods under HS Code 99150468, 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 37.2 cents/kg plus 8.5% for the eligible goods.

The DR-CAFTA Plus program aims to promote trade and economic cooperation between the United States and the countries of the Dominican Republic and Central America. It provides preferential tariff rates to encourage the import and export of goods between these regions.

Importing and Exporting US States

The data does not provide specific information about the importing and exporting US states for goods under HS Code 99150468. However, it is crucial to consider the role of different states in international trade.

Various US states have specialized industries and resources that make them significant players in global trade. Some states, such as California, Texas, and New York, have large ports and serve as major gateways for international trade. Other states may have specific industries or resources that make them attractive for importing or exporting goods.

Understanding the import and export dynamics of different US states can provide valuable insights into the trade flows associated with HS Code 99150468 and other categories of goods.

HS Code 99150468 encompasses GT, NI, or SV goods in subheadings 1806.20.82 or 1806.20.87, subject to U.S. Note 8(a) or 8(b) limits. The bound duty rate, special tariff preference programs, and quantity unit may vary based on trade agreements and specific trading partners. Considering the role of different US states in international trade can provide further context to the import and export dynamics of goods falling under this HS Code.



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