The HS Code 51091080 refers to yarn made of wool or fine animal hair. This yarn is specifically meant for retail sale and is composed of wool fibers with an average diameter of 18.5 microns or less. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description of HS Code 51091080 specifies that it covers yarn made of wool or fine animal hair not elsewhere specified (nesoi). Additionally, this yarn must consist of over 85% or more of wool or hair. The average diameter of the wool fibers used in this yarn should be 18.5 microns or less. This particular HS code is applicable to yarns that are intended for retail sale.
The bound / MFN duty rate for HS Code 51091080 is 6%. The MFN (Most Favored Nation) duty rate is the rate applied to a product when a country lowers a trade barrier or opens up a market. It is important to note that this rate is applicable to all trading partners of the country, ensuring equal treatment for the same goods or services.
The quantity unit for HS Code 51091080 is kilograms (KG). This means that the quantity of yarn imported or exported under this HS code is measured in kilograms. This unit of measurement allows for accurate tracking and calculation of the quantity of yarn involved in trade transactions.
Several special tariff preference programs apply to HS Code 51091080. These programs offer preferential tariff rates or duty-free treatment to specific countries. The following countries have special tariff rates for this HS code:
In addition, Morocco has a special tariff rate of 0.6% for HS Code 51091080. These special tariff preference programs aim to promote trade and provide economic benefits to the countries involved.
When it comes to importing yarn under HS Code 51091080, there are no specific restrictions on the US states that can engage in such trade. Similarly, there are no limitations on the exporting US states. As long as the import and export comply with the relevant customs regulations and requirements, yarn made of wool or fine animal hair can be freely traded between any US state.
HS Code 51091080 pertains to yarn made of wool or fine animal hair, specifically designed for retail sale. It has a bound / MFN duty rate of 6% and is measured in kilograms. Various special tariff preference programs offer preferential rates or duty-free treatment for this HS code, benefiting specific countries. Importing and exporting of yarn under this HS code can take place between any US state, provided all customs regulations are followed.