The HS Code 51099090 refers to yarn made from wool or fine animal hair, which is put up for retail sale. This code is used to classify these specific types of yarn in international trade. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states related to HS Code 51099090.
The product description for HS Code 51099090 is "Yarn of wool nesoi, or fine animal hair nesoi, < 85% of that wool/hair, put up for retail sale, nesoi." This means that the yarn is made from wool or fine animal hair, and it contains less than 85% of that specific material. It is also packaged and labeled for sale directly to consumers.
The bound / MFN duty rate for HS Code 51099090 is 6%. The MFN (Most Favored Nation) duty rate is the rate at which a country charges import duties on goods from another country. This rate applies every time a country lowers a trade barrier or opens up a market, and it must be applied equally to all trading partners for the same goods or services.
The quantity unit for HS Code 51099090 is kilograms (KG). This means that the measurement of the yarn is in kilograms when it is imported or exported.
There are several special tariff preference programs related to HS Code 51099090:
These special tariff preference programs allow for reduced or duty-free treatment for the import or export of yarn classified under HS Code 51099090. For example, countries like Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, and Singapore offer duty-free treatment for this product. Morocco, on the other hand, applies a 0.6% tariff rate.
HS Code 51099090 is relevant for importing and exporting to and from various US states. The specific states involved in the import and export of yarn under this HS Code may vary depending on trade volume and demand. However, some commonly involved states include:
Importing US States: [Add relevant importing US states]
Exporting US States: [Add relevant exporting US states]
It is important for businesses and individuals involved in the import and export of yarn classified under HS Code 51099090 to be aware of the specific requirements and regulations of the importing and exporting US states they are dealing with.
HS Code 51099090 represents yarn made from wool or fine animal hair, put up for retail sale. This code is used to classify and regulate the import and export of this specific type of yarn in international trade. Understanding the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states related to this HS Code is crucial for businesses and individuals engaged in the global yarn trade.