The HS Code 99150465 refers to a specific category of goods in subheading 1704.90.58 that are imported into the United States from the countries of Guatemala (GT), Nicaragua (NI), or El Salvador (SV). These goods are subject to certain limitations set forth in U.S. Note 8(a) or 8(b). This HS code is used to classify and regulate the importation of these goods, ensuring compliance with trade agreements and tariff rates.
When a country lowers a trade barrier or opens up a market, it is obliged to do so for the same goods or services from all its trading partners. This concept, known as the Most Favored Nation (MFN) principle, ensures that countries extend equal treatment to all their trading partners. Therefore, any trade barrier or market opening that affects goods falling under HS Code 99150465 must be applied uniformly to all countries involved.
The quantity unit for goods classified under HS Code 99150465 is not available (NA). This means that the specific unit of measurement for these goods is not specified or relevant in this case. It is important for importers and exporters to be aware of the quantity unit to accurately determine the cost and logistics of their trade.
There are special tariff preference programs applicable to goods under HS Code 99150465. The specific rate for these goods is 40 cents per kilogram plus an additional 10.4% ad valorem rate. This tariff rate applies to the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). This program provides preferential treatment to goods traded between the United States and the signatory countries of the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA).
When importing goods under HS Code 99150465 into the United States, it is important to consider the specific requirements and regulations of the exporting and importing states. Each state may have its own rules and procedures for the importation of goods, which must be followed to ensure compliance with local laws and regulations. Similarly, exporters should be aware of the requirements of the importing states to avoid any potential issues or delays in the shipment process.
HS Code 99150465 refers to GT, NI or SV goods in subheading 1704.90.58 that are subject to specific limitations set forth in U.S. Note 8(a) or 8(b). These goods are regulated by the Most Favored Nation principle, ensuring equal treatment to all trading partners. The quantity unit for these goods is not available (NA), and they are eligible for the special tariff preference program of the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). Importers and exporters should also consider the specific requirements of the exporting and importing states when dealing with goods classified under this HS code.