The Harmonized System (HS) Code 55164100 refers to a specific type of woven fabric made from artificial staple fibers, which make up less than 85% of the total weight of the fabric. This fabric is primarily or solely mixed with cotton and can be either unbleached or bleached.
The HS Code is an internationally recognized system used to classify and categorize traded products. It provides a standardized way of identifying and classifying goods for customs purposes. Each HS Code represents a specific product or group of products, allowing for easier classification and tracking of international trade.
The product description for HS Code 55164100 indicates that it pertains to woven fabrics made from artificial staple fibers. Artificial staple fibers are synthetic fibers that are manufactured to resemble natural fibers like cotton or wool. In this case, the fabric is primarily made from artificial fibers but also contains a significant amount of cotton.
The bound or Most Favored Nation (MFN) duty rate for HS Code 55164100 is 14.9%. The MFN duty rate is the rate applied to imports when a country lowers a trade barrier or opens up a market. It is the same for all trading partners and ensures equal treatment for goods and services from different countries.
The quantity unit for HS Code 55164100 is measured in square meters (M2). This unit represents the area of the fabric, indicating the measurement used for trading and customs purposes.
There are also special tariff preference programs available for imports of products classified under HS Code 55164100. These programs provide preferential treatment in terms of duty rates for specific countries. Some of the special tariff preference programs for HS Code 55164100 include:
These special tariff preference programs allow certain countries to import products classified under HS Code 55164100 at reduced or zero duty rates, promoting trade and economic cooperation between the participating countries.
HS Code 55164100 is applicable for importing and exporting to and from the United States. However, the specific states involved in importing or exporting this product are not mentioned in the available data.
HS Code 55164100 represents woven fabrics made from artificial staple fibers mixed mainly or solely with cotton. It can be either unbleached or bleached. The code is used for classification, tracking, and regulation of international trade. The MFN duty rate is 14.9%, and there are special tariff preference programs available for certain countries, providing reduced or duty-free treatment. The quantity unit is measured in square meters (M2).