The HS Code 55011000 refers to the product description of synthetic filament tow of nylon or other polyamides. This code is used for the classification of goods in international trade, allowing for standardized identification and tracking of products.
When importing or exporting goods, it is important to have a clear understanding of the specific HS code that applies to your product. This ensures that the correct duties, tariffs, and regulations are applied, facilitating smooth trade transactions.
The product description of synthetic filament tow of nylon or other polyamides indicates that it is a type of synthetic fiber made from polyamides such as nylon. Filament tow refers to a continuous strand of fibers, often used in the production of textiles, ropes, and other materials. Nylon and other polyamides are known for their strength, durability, and versatility, making them popular choices in various industries.
The bound / MFN duty rate for HS Code 55011000 is 7.5%. This means that when 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. This promotes fair and equal treatment of products across different countries, reducing discrimination and ensuring a level playing field for international trade.
The quantity unit for HS Code 55011000 is kilograms (KG). This unit of measurement is used to quantify the weight of the synthetic filament tow being imported or exported.
In addition to the standard duty rate, there are several special tariff preference programs that apply to HS Code 55011000. These programs provide preferential treatment or duty-free access to certain countries. The countries included in these special tariff preference programs for synthetic filament tow of nylon or other polyamides are:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. By granting duty-free or reduced-duty treatment, they encourage imports and exports, fostering stronger trade relationships and benefiting businesses in these countries.
When it comes to importing synthetic filament tow of nylon or other polyamides into the United States, there are no specific restrictions on the exporting US states. However, it is important to comply with all applicable customs regulations, documentation requirements, and any additional restrictions that may apply.
HS Code 55011000 represents synthetic filament tow of nylon or other polyamides. This code is used for the classification and identification of these products in international trade. Understanding the HS code, its associated duty rates, and any special tariff preference programs is crucial for importers and exporters to ensure compliance and facilitate smooth trade transactions.