The HS Code 99122020 refers to MA Other Goods in subheading 2002.10.00 with a minimum value of 38.7 units per kilogram over note 13 TRQ. This code is used to classify and identify specific goods for import and export purposes. In this article, we will explore the details and significance of this HS Code.
The product description for HS Code 99122020 is "MA Other Goods in subheading 2002.10.00>=38.7?/kg over note 13 TRQ." This description provides information about the nature of the goods being classified under this code. The subheading 2002.10.00 specifies a particular category or type of goods, and the minimum value of 38.7 units per kilogram indicates a threshold for the goods.
The Bound / MFN (Most Favored Nation) duty rate refers to the rate at which a country imposes import duties on goods. It is a standard rate that applies to all trading partners. The principle behind this duty rate is that when 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 specific duty rate for HS Code 99122020 is not available.
The quantity unit for HS Code 99122020 is not available (NA). This means that the specific unit of measurement for the goods classified under this code is not specified. It is important for importers and exporters to be aware of the quantity unit to accurately calculate the value and volume of the goods being traded.
HS Code 99122020 is eligible for a special tariff preference program. The specific program applicable to this code is a 9.1% tariff rate for imports from Morocco (MA). This means that goods classified under this code and imported from Morocco can benefit from a reduced tariff rate of 9.1%.
It is important for importers and exporters to be aware of such special tariff preference programs as they can significantly impact the cost of trade and make certain markets more attractive for business.
HS Code 99122020 can be used to track and analyze trade flows between different states of the United States. Importing US states refer to states that receive goods classified under this code, while exporting US states refer to states that export goods classified under this code. Detailed information regarding specific states involved in the import and export of goods under this code is not mentioned in the available data.
HS Code 99122020 is used to classify MA Other Goods in subheading 2002.10.00 with a minimum value of 38.7 units per kilogram over note 13 TRQ. It is important for importers, exporters, and trade analysts to understand and utilize this code to accurately classify and track goods in international trade.