The HS Code 52061400 refers to a specific product: single cotton yarn. This yarn is composed of less than 85 percent cotton by weight and is made from uncombed fibers. The yarn has a thickness of over 52 but not exceeding 80 nm. Additionally, it is important to note that this product is not intended for retail sale.
When it comes to international trade, the HS code is used to classify products for customs and statistical purposes. It allows customs officials to identify the type of goods being imported or exported. The HS Code 52061400 specifically categorizes single cotton yarn with the aforementioned characteristics.
Now, let's take a closer look at the details surrounding this HS code.
The bound / MFN duty rate for HS Code 52061400 is 9.2%. This means that whenever 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. In the case of importing or exporting single cotton yarn falling under this HS code, a duty rate of 9.2% will be applied.
The quantity unit for HS Code 52061400 is kilograms (KG). This means that the weight of the single cotton yarn should be measured in kilograms when importing or exporting it.
Several countries have special tariff preference programs in place for HS Code 52061400. These programs offer either duty-free treatment or reduced duty rates for importing or exporting the product. The following countries have special tariff preferences for this HS code:
It is important for importers and exporters to take advantage of these special tariff preference programs when trading single cotton yarn falling under HS Code 52061400. This can result in significant cost savings or even duty-free treatment, depending on the country of origin and destination.
HS Code 52061400 can be imported or exported to and from various US states. The specific states involved in the import or export of this product may vary depending on trade agreements, demand, and other factors. It is advisable for traders to consult with customs authorities and trade regulations to determine the specific importing and exporting US states for HS Code 52061400 at any given time.
HS Code 52061400 pertains to single cotton yarn made from uncombed fibers, weighing less than 85 percent cotton, with a thickness over 52 but not exceeding 80 nm, and not intended for retail sale. Importers and exporters should be aware of the bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code. By understanding these details, traders can navigate the international trade landscape more effectively and take advantage of cost-saving opportunities.