The HS Code 52122310 refers to a specific type of woven fabric made of cotton, which contains 36% or more by weight of wool or fine hair. This fabric is dyed and weighs more than 200 grams per square meter (g/m2). It is important to understand the details of this HS code, as it is used for international trade purposes and helps in identifying and classifying this particular product.
The HS code system is a standardized international system for classifying goods for import and export. It is used by customs authorities and traders worldwide to determine the applicable tariffs, duties, and regulations for specific products. The HS code 52122310 falls under the broader category of textile products and provides specific details about the composition, weight, and other characteristics of the fabric.
When importing or exporting goods, it is essential to know the HS code to ensure compliance with customs regulations and to calculate the appropriate duties and taxes. In the case of HS code 52122310, the bound or Most-Favored-Nation (MFN) duty rate is 16.5%. This means that every time 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 HS code 52122310 is square meters (M2). This unit helps in determining the quantity of fabric being imported or exported. It is important to accurately measure and declare the quantity to avoid any discrepancies or issues during customs clearance.
There are also special tariff preference programs available for this specific HS code. Some countries offer duty-free treatment, while others have reduced tariff rates. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore offer duty-free treatment for this product. Australia provides a special rate of 3%, and Morocco offers a special rate of 1.8%.
When importing goods into the United States, it is crucial to consider the specific requirements and regulations of both the importing and exporting states. Different states may have additional restrictions, labeling requirements, or documentation procedures. It is advisable to consult the relevant authorities or seek professional assistance to ensure compliance with all applicable regulations.
HS code 52122310 represents a specific type of cotton fabric containing wool or fine hair, weighing more than 200 g/m2, and dyed. Understanding the details of this HS code is essential for accurate classification, tariff calculation, and compliance with customs regulations. It is important to be aware of any special tariff preference programs and consider the specific requirements of importing and exporting states when engaging in international trade involving this product.