When it comes to international trade, it is essential to have a standardized system to classify and identify products. The Harmonized System (HS) Code provides this framework and is used by customs authorities around the world. In this article, we will take a closer look at HS Code 52082260, which refers to woven cotton fabric.
The product description for HS Code 52082260 is as follows: it is a plain weave fabric made of at least 85% cotton by weight. The fabric weighs over 100 but not more than 200 grams per square meter (g/m2) and is bleached. The numbers 43-68 further specify the characteristics of this particular type of woven cotton fabric.
When importing or exporting goods, it is important to be aware of the applicable duty rates. For HS Code 52082260, the bound or most-favored-nation (MFN) duty rate is 8.7%. The MFN principle ensures that when 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.
The quantity unit for HS Code 52082260 is measured in square meters (M2). This unit helps in determining the quantity of fabric being traded, making it easier for customs authorities to calculate import or export duties accurately.
Several special tariff preference programs exist for HS Code 52082260. These programs offer preferential duty rates or duty-free treatment for certain trading partners. The following are the special tariff preference programs and the corresponding duty rates:
Understanding the special tariff preference programs available for HS Code 52082260 can provide significant cost savings for importers and exporters. It is important to check the specific requirements and eligibility criteria for each program to ensure compliance and take advantage of the benefits they offer.
Importing and exporting woven cotton fabric under HS Code 52082260 has implications for various US states. The exact details of the importing and exporting states are not provided in the given data, but it is crucial to consider these factors while engaging in international trade.
HS Code 52082260 represents woven cotton fabric with specific characteristics, weight, and weave. It is important to understand the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS Code to facilitate smooth international trade operations.