The HS Code 99170410 refers to a specific category of goods originating from Peru. These goods fall under subheadings 0402.91.70, 0402.91.90, 0402.99.45, and 0402.99.55. It is important to note that these goods are subject to US Note 3(a) limit, which imposes certain restrictions on their importation.
When it comes to trade regulations, countries often have to adhere to certain principles of fairness and equal treatment. This means that 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 Bound or Most Favored Nation (MFN) duty rate.
The Bound/MFN duty rate is the rate at which goods are charged import duties when they enter a country. It ensures that all trading partners are treated equally and prevents discrimination against any specific country or group of countries. In the case of HS Code 99170410, the Bound/MFN duty rate will be applied to Peru goods imported into the United States.
Unfortunately, the data provided does not specify the quantity unit for HS Code 99170410. However, it is essential for importers and exporters to be aware of the quantity unit as it affects the calculation of duties, taxes, and other trade-related costs.
Peru enjoys special tariff preference programs with certain countries, including the United States. These programs grant Peru special rates or exemptions from import duties. In the case of HS Code 99170410, the special tariff preference program applicable is "Free (PE)". This means that goods falling under this HS Code can be imported into the United States from Peru free of import duties.
It is important for importers and exporters to be aware of the special tariff preference programs available to them. These programs can significantly reduce the cost of importing or exporting goods and provide a competitive advantage in the market.
When it comes to importing HS Code 99170410 goods into the United States, it is crucial to consider the specific regulations and requirements of both the importing and exporting states. Certain states may have additional regulations or restrictions on the importation of specific goods, and it is necessary to comply with these regulations to avoid any legal issues or penalties.
HS Code 99170410 refers to Peru goods falling under subheadings 0402.91.70, 0402.91.90, 0402.99.45, and 0402.99.55. These goods are subject to US Note 3(a) limit, implying certain restrictions on their importation. The Bound/MFN duty rate ensures equal treatment of goods from all trading partners. Peru enjoys a special tariff preference program with the United States, granting special rates to these goods. Importers and exporters must be aware of the specific regulations and requirements of both the importing and exporting states to ensure smooth and compliant trade.