When it comes to international trade, HS codes play a crucial role in categorizing and identifying products. HS Code 99170459 specifically pertains to Peru goods falling under subheading 0406.90.48. These goods are subject to the US Note 5(b) limit, which imposes certain restrictions on their import and export.
HS Code 99170459 helps customs officials and traders classify and track goods more efficiently. It serves as a common language for international trade, ensuring that the same products are identified and regulated consistently across different countries. Understanding the details and implications of this HS code is crucial for anyone involved in importing or exporting Peru goods under subheading 0406.90.48.
One important aspect to consider when dealing with HS Code 99170459 is the bound / MFN (Most Favored Nation) duty rate. This rate is significant because it ensures a level playing field for all trading partners. 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.
The bound / MFN duty rate applies to Peru goods in subheading 0406.90.48, meaning that the tariff rate for these products should be consistent regardless of the country of origin. This ensures fairness and equality in international trade, preventing discriminatory practices that could hinder market access for certain trading partners.
Regarding HS Code 99170459, the quantity unit for the specified goods is not explicitly mentioned. It is important to refer to the official documentation and regulations pertaining to subheading 0406.90.48 for more clarity on the specific quantity unit associated with this HS code. Understanding the quantity unit is crucial for accurate trade documentation, pricing, and logistics.
Special tariff preference programs can play a significant role in the trade of goods falling under HS Code 99170459. These programs are designed to promote trade and economic cooperation between countries by offering reduced or eliminated tariffs on specific products.
While the article does not provide specific information about any special tariff preference programs related to this HS code, it is worth noting that such programs exist and can potentially impact the import and export of Peru goods in subheading 0406.90.48. Traders and importers/exporters should research and stay updated on any applicable special tariff preference programs that could provide cost advantages or other benefits for these goods.
HS Code 99170459 applies to Peru goods, indicating that these products are being imported or exported to or from the United States. When it comes to international trade, it is important to consider the specific states involved in the importing and exporting process.
While the article does not provide information on the importing and exporting US states for these Peru goods, it is worth mentioning that different states may have their own regulations and requirements. Importers and exporters should be aware of any specific state-level regulations that may apply to their trade activities, in addition to federal regulations.
HS Code 99170459 is essential for categorizing and regulating Peru goods falling under subheading 0406.90.48. It ensures consistency in trade practices and helps facilitate international commerce. Understanding the bound / MFN duty rate, quantity unit, special tariff preference programs, and any state-specific regulations is crucial for successful import and export operations related to this HS code.