The HS Code 51053900 refers to fine animal hair that is carded or combed, excluding Kashmir. This code helps in the classification and identification of this specific product for international trade purposes. It is a globally recognized code that assists customs authorities, traders, and statisticians in understanding the nature of the product being imported or exported.
The product description clarifies that the animal hair, which falls under this HS code, has undergone the process of carding or combing. Carding is the technique of aligning the fibers of the hair parallel to each other, resulting in a more consistent and uniform texture. Combing, on the other hand, removes shorter fibers and impurities, leaving behind longer and more desirable strands. This process enhances the quality and value of the animal hair.
The quantity unit for the product is kilograms (KG), which indicates that the trade of this item is measured in weight. This unit of measurement is universally accepted and allows for easy comparison and calculation of duties or tariffs based on weight.
The bound or most-favored-nation (MFN) duty rate for HS Code 51053900 is 6.8 cents per kilogram (kg) plus an additional 5.5% of the product's value. The MFN duty rate represents the standard tariff applied to imports unless a preferential tariff is available under a trade agreement or program. It ensures that all trading partners are treated equally when it comes to trade barriers and market access.
In addition to the MFN duty rate, there are several special tariff preference programs that offer different rates for importing countries. These programs provide benefits such as duty-free treatment or reduced tariffs to specific trading partners. For example, Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Peru, and Singapore all have preferential rates for importing fine animal hair under HS Code 51053900. These rates vary from free trade to 5.4 cents per kilogram plus 4.4% of the product's value.
It is important to note that the special tariff preference programs mentioned above are subject to change and should be verified with the relevant authorities or trade agreements at the time of importation. The rates mentioned are based on the available data but may be updated or modified.
When importing or exporting products under HS Code 51053900, it is essential to be aware of the specific regulations and requirements of the countries involved. Compliance with customs procedures, documentation, and any applicable sanitary or phytosanitary measures is crucial to ensure a smooth and lawful trade transaction.
HS Code 51053900 relates to fine animal hair that has been carded or combed, excluding Kashmir. This code allows for the proper identification and classification of the product for international trade. It is important for traders to understand the associated duty rates, quantity unit, and any special tariff preference programs that may apply to their specific trade transactions. Compliance with relevant regulations and requirements of importing and exporting countries is imperative for a successful and compliant trade operation.