HS Code 51111170: Woven fabrics, 85% or more by weight of carded wool/fine animal hair, weight not over 300 g/m2, nesoi
Woven fabrics are an essential component of the textile industry. They are used in a wide range of applications, including clothing, upholstery, and home textiles. The HS Code 51111170 specifically refers to woven fabrics that are made of 85% or more by weight of carded wool or fine animal hair, with a weight not exceeding 300 grams per square meter. This code is used to classify and regulate the import and export of these fabrics.
The HS Code 51111170 is used internationally to standardize the classification and description of goods. It helps in facilitating trade by providing a common language for customs officials and traders to identify and categorize products. This code is used by countries all over the world to determine the import duties and taxes applicable to specific goods.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 51111170 is 25%. The MFN principle states that every time 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. This ensures fair and non-discriminatory treatment in international trade.
The quantity unit for goods classified under HS Code 51111170 is square meters (M2). This unit is used to measure the area of the woven fabrics. It provides a standardized measurement to facilitate accurate trade transactions and ensure consistency in the classification and valuation of these products.
In addition to the standard duty rate, special tariff preference programs apply to goods classified under HS Code 51111170. These programs provide preferential treatment to certain countries or regions, reducing or eliminating the import duties on these products. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Peru, and Singapore enjoy duty-free treatment for imports of these fabrics. Australia has a special rate of 3%, while Morocco has a special rate of 2.6% and Oman has a special rate of 20%.
When importing goods classified under HS Code 51111170 into the United States, it is important to consider the regulations and requirements of both the exporting and importing states. Different states may have specific rules and restrictions related to the importation of textiles. Compliance with these regulations is crucial to ensure a smooth and legal import process.
In summary, HS Code 51111170 is used to classify and regulate the import and export of woven fabrics made of 85% or more by weight of carded wool or fine animal hair, with a weight not exceeding 300 grams per square meter. This code helps in standardizing the classification of these fabrics globally and plays a vital role in facilitating international trade. Importers and exporters should be aware of the duty rates, special tariff preference programs, and state-specific regulations when dealing with goods classified under this HS Code.
More on HS code 51111170
