HS Code 52104980: Woven Fabrics of Cotton
Woven fabrics of cotton are an essential component of the textile industry. They are versatile, durable, and widely used in the production of various textile products. HS Code 52104980 specifically refers to woven fabrics of cotton, not elsewhere specified, with a cotton content of less than 85% by weight. These fabrics are mixed mainly with man-made fibers and have a weight not exceeding 200 grams per square meter. The yarn used in these fabrics is of different colors, and the fabrics have a number 69 or higher.
This HS code is crucial for international trade as it helps in classifying and identifying these specific types of woven fabrics. By using the HS code, customs authorities and traders can easily determine the nature of the product being imported or exported.
The bound or most-favored-nation (MFN) duty rate for HS Code 52104980 is 15.5%. This means that whenever 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 duty rate ensures fair and equal treatment for all countries involved in trade.
The quantity unit for HS Code 52104980 is square meters (M2). This unit of measurement helps in determining the area of fabric being imported or exported. It provides a standardized measurement for trade purposes, allowing for accurate calculations and comparisons.
Several special tariff preference programs apply to HS Code 52104980. These programs offer reduced or duty-free rates for specific countries. The countries eligible for these special rates include Bahrain, Canada (under NAFTA for duty-free treatment), Chile, Israel (duty-free treatment), Jordan, Mexico (under NAFTA), Oman, the Dominican Republic-Central American countries (under DR-CAFTA), Peru, Singapore, Australia (3% special rate), and Morocco (1.5% special rate).
When importing woven fabrics of cotton under HS Code 52104980, it is essential to consider the specific regulations and requirements of the exporting and importing US states. Each state may have its own rules and restrictions regarding the importation of textile products. Compliance with these regulations is crucial to ensure smooth trade operations and avoid any legal complications.
HS Code 52104980 plays a significant role in the international trade of woven fabrics of cotton. It helps in classifying and identifying these fabrics, determining duty rates, and facilitating trade between countries. Understanding the details and implications of this HS code is essential for importers, exporters, and customs authorities involved in the textile industry.
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