HS Code 55131900: Woven Fabrics of Synthetic Staple Fibers
Woven fabrics of synthetic staple fibers are an important category of textiles that are used in various industries. HS Code 55131900 specifically refers to woven fabrics of synthetic staple fibers not elsewhere specified or included (nesoi), which contain less than 85% of such fibers and are mixed with cotton. These fabrics have a weight not exceeding 170g/m2 and can be either unbleached or bleached.
The HS Code 55131900 helps in the classification and identification of these fabrics for import and export purposes. It is essential for both traders and customs authorities to correctly identify and classify the products to ensure compliance with the applicable regulations and to determine the appropriate duty rates.
The bound or most favored nation (MFN) duty rate for HS Code 55131900 is 14.9%. 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. This duty rate applies to the import of woven fabrics of synthetic staple fibers under this HS Code, regardless of the country of origin.
The quantity unit for the measurement of these fabrics is square meters (M2). This unit helps in determining the quantity of fabrics being imported or exported and facilitates accurate record-keeping and invoicing.
In addition to the regular duty rate, there are also special tariff preference programs available for the import of woven fabrics of synthetic staple fibers under HS Code 55131900. These programs provide preferential treatment in terms of reduced or zero-duty rates for specific countries. The following countries enjoy special tariff preferences for these fabrics:
- Bahrain (BH)
- Canada (CA) under the NAFTA agreement (duty-free treatment)
- Chile (CL)
- Israel (IL) with duty-free treatment
- Jordan (JO)
- Mexico (MX) under the NAFTA agreement
- Oman (OM)
- Panama (P)
- Peru (PE)
- Singapore (SG) with a special rate of 3%
- Australia (AU) with a special rate of 3%
- Morocco (MA) with a special rate of 1.5%
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved by reducing trade barriers and facilitating cross-border transactions.
When importing woven fabrics of synthetic staple fibers under HS Code 55131900, it is important to consider the exporting and importing US states. The origin and destination states may have specific regulations or requirements that need to be followed. It is advisable to consult with customs authorities or trade experts to ensure compliance with all applicable laws and regulations.
HS Code 55131900 pertains to woven fabrics of synthetic staple fibers mixed with cotton. It provides a standardized classification system for these fabrics, ensuring accurate identification and proper assessment of duty rates. The special tariff preference programs further enhance trade opportunities by offering reduced or zero-duty rates for specific countries. Understanding the HS Code and its associated details is crucial for both importers and exporters to navigate the international trade landscape efficiently.
More on HS code 55131900
