The HS Code 52081920 refers to unbleached satin or twill weave fabrics of cotton, containing 85% or more cotton by weight, weighing not more than 200 g/m2, nesoi. This code is used to classify and categorize this specific type of cotton fabric for international trade purposes. Understanding the details and implications of this HS code is important for importers, exporters, and anyone involved in the textile industry.
When it comes to trade barriers and market access, the Bound / MFN duty rate for HS Code 52081920 is 7.9%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate for the same goods or services from all its trading partners. This helps maintain fairness and equal opportunities in international trade.
The quantity unit for HS Code 52081920 is square meters (M2). This unit of measurement is used to determine the area of the fabric being imported or exported, allowing for accurate calculations and pricing.
There are also special tariff preference programs associated with HS Code 52081920. In some countries, this specific cotton fabric may enjoy preferential treatment or lower duty rates. For example:
It is important for importers and exporters to be aware of these special tariff preference programs as they can significantly impact the cost and competitiveness of the fabric in different markets.
When importing or exporting HS Code 52081920, it is also essential to consider the specific states within the United States that are involved in the trade. Similarly, the exporting states should be taken into account. Understanding the regulations and requirements of these states can help facilitate smooth trade transactions and ensure compliance with local laws.
HS Code 52081920 represents unbleached satin or twill weave fabrics of cotton, containing 85% or more cotton by weight, weighing not more than 200 g/m2. The code is associated with a bound / MFN duty rate of 7.9% and is measured in square meters (M2). Furthermore, there are special tariff preference programs in place for this fabric in various countries, offering different duty rates or duty-free treatment. Importers and exporters should be knowledgeable about these programs and consider the specific states involved in the trade to ensure successful and compliant transactions.