When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in categorizing products. In this article, we will delve into the details of HS Code 54076191, which refers to woven fabrics made from 85% or more non-textured polyester filaments. These fabrics are composed of single yarns with a thickness of 75-80 decitex, consisting of 24 filaments per yarn and a twist of 900 or more turns per meter.
Understanding the HS Code is essential for importers, exporters, and customs authorities, as it helps in identifying and classifying goods for trade purposes. HS Code 54076191 specifically pertains to woven fabrics made from polyester filaments, ensuring precision in international trade transactions.
The product description for HS Code 54076191 is as follows: woven fabrics made from 85% or more non-textured polyester filaments. These fabrics are produced using single yarns with a thickness of 75-80 decitex. Each yarn contains 24 filaments, and the twist of the yarn is 900 or more turns per meter.
The bound or most-favored-nation (MFN) duty rate for HS Code 54076191 is 14.9%. This duty rate applies whenever a country lowers a trade barrier or opens up a market. The principle of MFN requires that any trade barrier reduction or market opening must be applied to the same goods or services from all trading partners of the country.
The quantity unit for HS Code 54076191 is square meters (m²). This unit is used to measure the area of the woven fabrics made from non-textured polyester filaments.
Several countries have special tariff preference programs in place for goods classified under HS Code 54076191. These programs offer preferential duty rates or duty-free treatment to promote trade relations. Here are the specific programs and countries:
HS Code 54076191 covers the import and export of woven fabrics made from non-textured polyester filaments in various US states. The specific states involved in the trade of these fabrics may vary depending on market demand and supply. Some notable US states involved in importing and exporting these fabrics include:
Importing US States: [Insert relevant importing US states here]
Exporting US States: [Insert relevant exporting US states here]
It is important for businesses and traders to be aware of the specific regulatory requirements and market dynamics in these states to effectively participate in the trade of woven fabrics classified under HS Code 54076191.
HS Code 54076191 represents woven fabrics made from 85% or more non-textured polyester filaments. This code is crucial for international trade, ensuring accurate classification and facilitating trade transactions. Understanding the product description, duty rates, special tariff preference programs, and the involvement of different US states in the import and export of these fabrics is essential for businesses and individuals engaged in global trade.