The HS Code 52061200 represents a specific category of products known as single cotton yarn. This article aims to provide an extensive overview of this HS code, including its product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and the importing/exporting US states.
The product description for HS Code 52061200 is as follows: single cotton yarn, less than 85 percent cotton by weight, of uncombed fibers, over 14 but not exceeding 43 nm, not put up for retail sale. This description provides a detailed specification of the product, including its composition, weight, fiber type, and size range.
The bound/MFN duty rate for HS Code 52061200 is 9.2%. It is important to note 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 equal treatment for all countries involved in international trade.
The quantity unit for HS Code 52061200 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight of goods being imported or exported. It allows for standardized calculations and accurate record-keeping.
HS Code 52061200 is eligible for various special tariff preference programs. These programs offer different tariff rates based on the country of origin or destination. The following are the special tariff rates applicable to HS Code 52061200:
It is important for traders and importers/exporters to be aware of these special tariff preference programs as they can significantly impact the cost of importing or exporting HS Code 52061200.
HS Code 52061200 is imported and exported by various US states. The specific states involved in the import and export of this product may vary depending on market demand, production capabilities, and trade agreements. It is essential for businesses to understand the market dynamics and preferences of different US states when dealing with HS Code 52061200.
HS Code 52061200 represents single cotton yarn with specific characteristics and specifications. Traders and businesses involved in the import and export of this product should be aware of its product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and the importing/exporting US states. Understanding these details will help ensure compliance with trade regulations and optimize business operations in the international marketplace.