Printed woven fabrics of synthetic staple fibers are a type of textile product that falls under the HS Code 55144900. This code is used to classify and identify specific goods for import and export purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product described by HS Code 55144900 refers to printed woven fabrics made of synthetic staple fibers. These fabrics contain less than 85% by weight of such fibers and are mixed mainly or solely with cotton. Additionally, the fabrics have a weight of over 170g/m2. The inclusion of synthetic staple fibers provides durability and strength to the fabric, while the cotton component adds softness and comfort.
This HS code is used to categorize and control the import and export of these specific fabrics, ensuring accurate classification and proper regulations for trade.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 55144900 is 8.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate for the same goods or services from all its trading partners. The duty rate is an important factor to consider when importing or exporting these fabrics, as it affects the overall cost of trade.
The quantity unit used for measuring and trading printed woven fabrics under HS Code 55144900 is square meters (M2). This unit allows for accurate measurement and calculation of the fabric's size and quantity. When dealing with these fabrics, it is essential to consider the quantity unit to ensure proper pricing and logistics.
There are several special tariff preference programs associated with HS Code 55144900. These programs offer different duty rates or exemptions for specific countries. The following is a list of the special tariff preference programs and the corresponding duty rates:
These special tariff preference programs aim to promote trade and economic cooperation between countries by offering reduced or exempted duty rates for specific goods. Importers and exporters can take advantage of these programs to lower their costs and increase competitiveness in the market.
HS Code 55144900 applies to both importing and exporting activities in the United States. This means that printed woven fabrics of synthetic staple fibers falling under this HS code can be imported into or exported from any state within the US. The code acts as a reference point for customs authorities and traders, ensuring proper classification and regulation of these fabrics across different states.
HS Code 55144900 is a specific code used to classify and identify printed woven fabrics of synthetic staple fibers mixed with cotton. Importers and exporters dealing with these fabrics need to be aware of the associated duty rates, quantity unit, and special tariff preference programs to streamline their trade operations and take advantage of available benefits.