Woven fabrics of polyester staple fibers, mixed mainly or solely with viscose rayon staple fibers, nesoi are classified under HS Code 55151100. This code is used to identify and classify specific goods for international trade purposes. Understanding the HS code is important for importers and exporters as it helps them comply with customs regulations and determine the appropriate duties and tariffs.
The product description for HS Code 55151100 specifies that it includes woven fabrics made from a blend of polyester staple fibers and viscose rayon staple fibers. These fabrics are not elsewhere specified or included (nesoi). The use of polyester and viscose rayon fibers in the fabric composition provides certain properties and characteristics to the fabric, making it suitable for various applications.
The bound / MFN (Most Favored Nation) duty rate for HS Code 55151100 is 14.9%. The MFN duty rate is the rate that applies to all trading partners of a country when it lowers a trade barrier or opens up a market. This means that regardless of the country of origin, the same duty rate applies to the woven fabrics of polyester staple fibers mixed with viscose rayon staple fibers.
The quantity unit for HS Code 55151100 is measured in square meters (M2). This unit helps in determining the quantity of fabric being imported or exported.
In addition to the standard duty rate, there are also special tariff preference programs available for this HS Code. The following countries have negotiated special rates for importing woven fabrics of polyester staple fibers mixed with viscose rayon staple fibers:
When importing or exporting HS Code 55151100, it is important to consider the special tariff preference programs available for different countries. These programs can provide significant cost savings and competitive advantages in the international market.
HS Code 55151100 is relevant for both importing and exporting US states. Any US state can import or export woven fabrics of polyester staple fibers mixed with viscose rayon staple fibers under this HS Code.
HS Code 55151100 represents woven fabrics of polyester staple fibers, mixed mainly or solely with viscose rayon staple fibers, nesoi. Understanding this code is essential for importers and exporters to comply with customs regulations, determine duty rates, and take advantage of special tariff preference programs. The code encompasses various special rates for different countries, providing opportunities for cost savings and market competitiveness.