HS Code 52081940: Unbleached Woven Fabrics of Cotton
Unbleached woven fabrics of cotton, categorized under HS Code 52081940, refer to a specific type of cotton fabric. These fabrics are not further specified elsewhere and consist of at least 85% cotton by weight. Additionally, they weigh not more than 200 grams per square meter and have a count number of 42 or lower.
The HS Code system is an internationally recognized classification system used to categorize traded goods. It helps standardize the classification and identification of products for customs and statistical purposes. HS Codes are used by customs authorities, importers, and exporters to determine the applicable duties, taxes, and regulations for specific products.
The bound or most-favored-nation (MFN) duty rate for HS Code 52081940 is 7%. The MFN principle ensures that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This means that the 7% duty rate applies uniformly to all countries trading in unbleached woven fabrics of cotton under this HS Code.
The quantity unit for measuring unbleached woven fabrics of cotton is square meters (m2). This unit is used to determine the area or size of the fabric being imported or exported.
There are also special tariff preference programs in place for HS Code 52081940. These programs offer preferential duty rates to specific countries. For example, unbleached woven fabrics of cotton under this HS Code are free of duty for countries like Bahrain (BH), Canada (CA), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX), Oman (OM), Peru (P), Singapore (SG), and the Dominican Republic-Central America (DR-CAFTA). Australia (AU) enjoys a 3% special rate, while Morocco (MA) has a special rate of 0.7%.
It is important to note that these special tariff preference programs are subject to specific agreements and trade arrangements between countries. They aim to promote trade and economic cooperation by providing more favorable conditions for certain products.
When importing unbleached woven fabrics of cotton under HS Code 52081940 to the United States, the exporting country must comply with the applicable regulations and requirements set by the US Customs and Border Protection (CBP). The importing US states can vary, and it is essential for exporters to be aware of any additional state-specific regulations or restrictions.
HS Code 52081940 refers to unbleached woven fabrics of cotton that meet specific criteria regarding the composition, weight, and count number. This HS Code is subject to a 7% duty rate, and special tariff preference programs offer preferential rates to certain countries. Understanding the HS Code system and its associated regulations is crucial for international trade and ensures compliance with customs procedures.
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