The HS Code 55133100 refers to a specific type of woven fabric made of polyester staple fibers mixed mainly or solely with cotton. These fabrics have a weight not exceeding 170 grams per square meter and are woven in a plain weave pattern using yarns of different colors.
When importing or exporting goods, it is important to understand the HS code classification system. The Harmonized System (HS) is an international standard for classifying and coding products. Each HS code represents a specific category of goods, making it easier for customs authorities and traders to identify and classify products during international trade.
The HS code 55133100 specifically describes the characteristics and composition of the woven fabrics being traded. It provides information on the type of fibers used, the percentage of polyester staple fibers, the weight of the fabric, the weaving pattern, and the color variation in the yarns.
One key aspect of the HS code is the tariff rate applied to the imported or exported goods. In the case of HS code 55133100, the bound or most-favored-nation (MFN) duty rate is 14.9%. 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 HS code 55133100 is square meters (M2). This unit of measurement helps in accurately quantifying the amount of fabric being traded.
There are also special tariff preference programs available for goods classified under HS code 55133100. These programs offer reduced or zero tariff rates to promote trade between specific countries. For example:
Additionally, Australia (AU) offers a special tariff rate of 3% for goods classified under this HS code, while Morocco (MA) offers a special rate of 1.5%.
When importing goods into the United States, it is essential to consider the specific regulations and requirements of both the importing and exporting US states. Different states may have varying rules and procedures for customs clearance, documentation, and taxation.
HS code 55133100 represents woven fabrics made of polyester staple fibers mixed mainly or solely with cotton. The code provides detailed information about the composition, weight, weave pattern, and color variation of the fabric. Understanding the HS code and its associated tariff rates is crucial for international traders to comply with customs regulations and take advantage of special tariff preference programs.