Bleached woven fabrics of cotton are a type of textile made from cotton fibers that have been bleached to achieve a white or off-white color. These fabrics are classified under HS Code 52082980, which specifically refers to woven fabrics of cotton, not elsewhere specified or included (nesoi). To fall under this HS Code, the bleached woven fabrics of cotton must contain 85% or more cotton by weight. Additionally, these fabrics should weigh not more than 200 grams per square meter (g/m2) and have a thread count of 69 or higher. The HS Code for this product, 52082980, is an international standard code used for classifying and categorizing goods during import and export procedures. It helps ensure uniformity and clarity in trade transactions, as it is recognized and accepted globally.
The bound / MFN (Most Favored Nation) duty rate for HS Code 52082980 is 13.5%. This means 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. The bound duty rate acts as a maximum limit, and countries cannot impose higher tariffs on the specified product. The 13.5% bound duty rate applies to the import of bleached woven fabrics of cotton, regardless of the country of origin or destination. It is crucial for importers and exporters to be aware of this duty rate and factor it into the cost of their trade transactions.
The quantity unit for HS Code 52082980 is measured in square meters (m2). This means that the quantity of the product, in this case, bleached woven fabrics of cotton, is calculated and declared in terms of square meters. It is important to accurately measure and report the quantity in square meters to ensure compliance with customs regulations.
HS Code 52082980 is eligible for various special tariff preference programs, offering reduced or duty-free rates for specific countries. These programs promote international trade and provide economic benefits for participating countries. Here are the details of the special tariff preference programs for HS Code 52082980:
These special tariff preference programs allow eligible countries to import bleached woven fabrics of cotton at reduced or zero duty rates, giving them a competitive advantage in the international market. Importers and exporters should take advantage of these programs to minimize costs and enhance trade opportunities.
HS Code 52082980 is relevant for both importing and exporting activities in the United States. Importing US states refer to the states within the US that receive shipments of bleached woven fabrics of cotton classified under this HS Code. Exporting US states, on the other hand, are the states within the US that export these fabrics to other countries. As HS Code 52082980 is a general classification for bleached woven fabrics of cotton, it is applicable to all US states engaged in international trade involving this product. Importers and exporters across the United States should ensure compliance with customs regulations and take advantage of the special tariff preference programs mentioned earlier to optimize their trade operations.
HS Code 52082980 encompasses bleached woven fabrics of cotton that meet specific criteria regarding cotton content, weight, and thread count. Importers and exporters of these fabrics should be familiar with the bound / MFN duty rate, quantity unit, and special tariff preference programs applicable to this HS Code. By understanding and leveraging these factors, businesses can navigate international trade more effectively and maximize their trade opportunities.
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