The HS Code 56090040 refers to articles made from man-made monofilaments, twine, cordage, rope, or cables. These articles can be in various forms such as yarn, strip, or other similar structures. The code is used for classification and identification purposes in international trade.
When importing or exporting goods under this HS code, it is important to understand the applicable duty rates and any special tariff preference programs that may be available. The bound or most-favored-nation (MFN) duty rate for this code is 3.9%. 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 goods classified under this HS code is kilograms (KG). This unit is used to measure the weight of the articles being imported or exported.
There are several special tariff preference programs applicable to goods classified under HS Code 56090040. These programs offer reduced or zero-duty rates for eligible countries. The following are some examples:
It is important to check the specific eligibility criteria and requirements for each special tariff preference program to determine if the goods qualify for the reduced or zero-duty rates.
When importing goods under HS Code 56090040 into the United States, it is necessary to consider the specific importing and exporting states involved. The exporting states refer to the countries from which the goods are being shipped, while the importing states refer to the states within the United States where the goods are being received. These factors can have implications on various aspects of the import process, such as customs procedures, documentation requirements, and transportation logistics.
HS Code 56090040 relates to articles made from man-made monofilaments, twine, cordage, rope, or cables. It is essential to understand the duty rates and special tariff preference programs applicable to these goods when engaging in international trade. Compliance with relevant regulations and requirements is crucial to ensure smooth import or export operations.