The HS Code 99150482 refers to specific goods under the DR-CAFTA agreement, which stands for the Dominican Republic-Central America Free Trade Agreement. This code includes products that fall under subheadings 0406.10.18, 0406.20.28, and similar cheese articles that are subject to Note 10(b) limits.
When it comes to international trade, the Harmonized System (HS) Code is a standardized numerical system used to classify traded products. This system is widely recognized and used by countries around the world to facilitate the smooth flow of goods across borders. The HS Code 99150482 is specifically assigned to DR-CAFTA member goods related to cheese articles.
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. In the case of the HS Code 99150482, the bound / most favored nation (MFN) duty rate applies. This means that any country that is a member of the DR-CAFTA agreement will have the same duty rate for these specific goods.
Unfortunately, the specific quantity unit for the products classified under HS Code 99150482 is not available (NA). This information is crucial for accurately measuring and pricing the goods during international trade transactions. Importers and exporters must consult other relevant documents or sources to determine the appropriate quantity unit for these goods.
Under the DR-CAFTA agreement, specific tariff preference programs are in place for goods classified under HS Code 99150482. The tariff rate for these goods is $2.269/kg (P+). This rate is known as the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). It provides a special tariff preference for member countries, encouraging trade and economic cooperation within the region.
These special tariff preference programs aim to promote the development of industries within the member countries, stimulate economic growth, and foster closer ties among the participating nations. It incentivizes trade by reducing or eliminating tariffs on certain goods, making them more competitive in the market.
The HS Code 99150482 applies to goods being imported and exported between the United States and DR-CAFTA member countries. Importing US states are those states within the United States that are receiving these goods from the DR-CAFTA region. Exporting US states, on the other hand, refer to the states within the United States that are shipping these goods to the DR-CAFTA member countries.
It's important for businesses and traders involved in international trade to understand the specific HS Codes applicable to their products. This knowledge helps in determining the correct customs duties, understanding any special tariff preference programs, and complying with trade regulations set by the participating countries.
the HS Code 99150482 pertains to DR-CAFTA member goods falling under subheadings 0406.10.18, 0406.20.28, and similar cheese articles subject to Note 10(b) limits. This code is used for classifying and identifying these specific products during international trade transactions. Understanding the details and implications of this HS Code is essential for businesses and traders engaged in trade activities between the United States and the DR-CAFTA member countries.