When it comes to international trade, it is crucial to have a clear understanding of the Harmonized System (HS) codes. These codes are used to classify and identify products for customs purposes. In this article, we will delve into the details of HS Code 52121360, which refers to other woven fabrics of cotton, not elsewhere specified or included (NESOI), weighing not more than 200 g/m2, and dyed.
Product Description: Other woven fabrics of cotton, NESOI, weighing not more than 200 g/m2, dyed.
HS Code 52121360 specifically covers woven fabrics made of cotton that are dyed and have a weight not exceeding 200 grams per square meter. This code helps customs and trade authorities identify and classify these fabrics for import and export purposes.
Bound / MFN Duty Rate: 7.8%
The bound or most-favored-nation (MFN) duty rate for HS Code 52121360 is 7.8%. This means that when a country lowers a trade barrier or opens up a market, it has to apply this duty rate for the same goods or services from all its trading partners. It is important for importers and exporters to be aware of this duty rate to calculate the cost implications of trading this specific fabric.
Quantity Unit: Square Meters (M2)
The quantity unit for HS Code 52121360 is square meters (m2). This unit of measurement is used to determine the quantity of fabric being traded. It provides a standardized way of measuring and pricing the fabric based on its area.
Special Tariff Preference Programs:
HS Code 52121360 is eligible for various special tariff preference programs, which allow for reduced or duty-free treatment when trading with certain countries. The countries mentioned above have specific rates applicable to this fabric. For example, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Panama, Peru, and Singapore offer duty-free treatment for this fabric. Australia applies a 3% tariff rate, while Morocco applies a 0.7% tariff rate.
Importing US States: [List of importing US states]
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Exporting US States: [List of exporting US states]
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HS Code 52121360 refers to other woven fabrics of cotton, NESOI, weighing not more than 200 g/m2, and dyed. Understanding this code is essential for importers, exporters, and customs authorities to facilitate smooth international trade. The associated duty rate, quantity unit, and special tariff preference programs provide additional information to consider when trading this fabric.
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