The HS Code 54083230 refers to woven fabrics made of artificial filament yarn, not elsewhere specified or included (N.E.S.O.I). These fabrics are dyed and contain 30 percent or more by weight of silk or silk waste. They are valued over $33 per kilogram.
When importing goods with this HS code, it is important to understand the associated duties and tariffs. The bound or most-favored-nation (MFN) duty rate for these fabrics is 6.9%. This means that every time 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 quantity unit for these fabrics is measured in square meters (M2). This measurement helps determine the area of fabric being imported or exported.
There are several special tariff preference programs that apply to HS Code 54083230. These programs offer reduced or duty-free rates for specific countries. The following countries enjoy special tariff rates for importing these fabrics:
These special tariff preference programs aim to promote trade and strengthen economic ties between countries. They provide incentives for certain countries to import these fabrics from the United States.
When it comes to importing and exporting goods with HS Code 54083230, it is also important to consider the specific states involved. The importing US states and exporting US states can have an impact on the overall trade process and logistics.
HS Code 54083230 represents woven fabrics made of artificial filament yarn, dyed, and containing a significant proportion of silk or silk waste. These fabrics are valued over $33 per kilogram. Understanding the associated duties, tariffs, and special tariff preference programs is crucial for businesses and individuals involved in the import and export of these fabrics.