HS Code 56039430: Laminated Nonwovens NESOI (Not of Man-Made Filaments), Weighing >150 g/square m
Laminated nonwovens are an essential component of various industries, offering a wide range of applications due to their versatility and durability. HS Code 56039430 specifically refers to laminated nonwovens that are not made of man-made filaments and weigh more than 150 grams per square meter. This article will delve into the details of this HS code, including its product description, quantity unit, bound/MFN duty rate, and special tariff preference programs.
Product Description:
The product description of HS Code 56039430 highlights the specific characteristics of the laminated nonwovens it encompasses. These nonwovens are further classified as "not of man-made filaments" and have a weight exceeding 150 grams per square meter. This description ensures that the scope of the HS code is clear and precise, facilitating international trade and customs procedures.
Bound/MFN Duty Rate:
The bound/MFN duty rate associated with HS Code 56039430 is "Free." According to the principle of Most Favored Nation (MFN), 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. This ensures fair and non-discriminatory treatment for all countries involved in international trade.
Quantity Unit:
The quantity unit for HS Code 56039430 is kilograms (KG). This unit is widely used in international trade to measure the weight or quantity of goods being imported or exported. By standardizing the quantity unit, it becomes easier for traders, customs officials, and statisticians to communicate and track trade data accurately.
Special Tariff Preference Programs:
HS Code 56039430 qualifies for various special tariff preference programs, offering different duty rates or duty-free treatment depending on the country of origin or destination. The following programs apply to this HS code:
1. Free: This indicates that the goods under HS Code 56039430 can be imported/exported duty-free to/from the following countries: Australia (AU), Bahrain (B), Canada (CA), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX), Oman (OM), Peru (PE), and Singapore (SG). These countries have entered into trade agreements or preferential arrangements that eliminate or reduce customs duties for the specified products.
2. 5.4?/kg + 0.8%: The special rate for Morocco (MA) is slightly different from the free tariff preference programs. Goods under HS Code 56039430 imported/exported to/from Morocco will be subject to a duty rate of 5.4?/kg plus an additional 0.8%.
Importing and Exporting US States:
While not directly related to HS Code 56039430, it is worth mentioning that the United States has specific regulations and requirements for importing and exporting goods. Virginia is one of the states involved in these trade activities, serving as a significant hub for international trade. Traders and businesses based in Virginia may engage in the import or export of laminated nonwovens falling under HS Code 56039430.
HS Code 56039430 encompasses laminated nonwovens that are not made of man-made filaments and have a weight exceeding 150 grams per square meter. Understanding the product description, quantity unit, bound/MFN duty rate, and special tariff preference programs associated with this HS code is crucial for international traders, customs officials, and policymakers. By adhering to standardized trade classifications and utilizing special tariff preference programs, countries can promote fair and mutually beneficial trade relationships.
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