Dyed satin or twill weave fabrics of cotton, with less than 85% cotton by weight, mixed mainly or solely with man-made fibers, and weighing not more than 200 g/m2, fall under the HS Code 52103920. This HS Code is used to classify and identify these specific types of fabrics for international trade purposes.
The product description of HS Code 52103920 provides detailed information about the composition and characteristics of the fabric. It specifies that the fabric is made of cotton, but with a percentage of cotton less than 85% by weight. This means that the fabric is primarily composed of man-made fibers, with cotton being the secondary component. The fabric is also dyed and can be either satin or twill weave. Additionally, the weight of the fabric should not exceed 200 grams per square meter.
The Bound / MFN duty rate for HS Code 52103920 is 10%. Bound duty rates refer to the maximum tariff rate that a country can impose on a particular product. The MFN (Most Favored Nation) duty rate ensures that whenever 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.
The quantity unit for this HS Code is square meters (M2). This means that the fabric is measured and traded in terms of square meters, allowing for accurate calculation of quantity and pricing.
There are also special tariff preference programs associated with HS Code 52103920. These programs provide certain countries with preferential treatment in terms of duty rates when importing or exporting these fabrics. Some of the special tariff preference programs for HS Code 52103920 include:
These special tariff preference programs allow for reduced or duty-free rates for certain countries, promoting trade and economic cooperation between them.
When importing HS Code 52103920 into the United States, it can be done from any exporting country. Similarly, when exporting HS Code 52103920 from the United States, it can be sent to any importing country. This flexibility in terms of importing and exporting states promotes global trade and ensures that the fabric can be traded freely between different countries.
HS Code 52103920 plays a crucial role in international trade by providing a standardized classification system for dyed satin or twill weave fabrics of cotton. It helps customs authorities, importers, and exporters to accurately identify and classify these fabrics, ensuring compliance with trade regulations and facilitating smooth and efficient cross-border transactions.