Carpets and other textile floor coverings are an essential part of interior decor, providing comfort, warmth, and enhancing the aesthetic appeal of any space. One specific category of these floor coverings is those made of pile construction, woven, not tufted or flocked, and composed of wool or fine animal hair. This article focuses on HS Code 57024120, which pertains to such carpets and textile floor coverings.
The HS Code 57024120 classifies carpets and textile floor coverings based on their materials, construction, and method of manufacture. Specifically, it encompasses products made of wool or fine animal hair, which are woven and not tufted or flocked. These carpets are further classified as "not elsewhere specified or included" (nesoi), indicating that they do not fall under any other specific subcategory.
The quantity unit for these carpets and textile floor coverings is measured in square meters (M2). This unit helps in determining the size and area coverage of each product, allowing for accurate measurements and calculations during import and export processes.
When it comes to duty rates, HS Code 57024120 enjoys various special tariff preference programs. These programs provide favorable trade conditions and reduced duty rates for specific countries. The following countries have duty-free treatment for these carpets and textile floor coverings: Australia (AU), Bahrain (BH), Canada (CA) under NAFTA, Chile (CL), Israel (IL), Mexico (MX) under NAFTA, Peru (PE), Singapore (SG), and certain products or countries excluded from CBI eligibility and ATPA eligibility.
In addition to the duty-free treatment, there are specific preferential rates for certain countries. For example, Morocco (MA) imposes a duty rate of 0.4% on HS Code 57024120, while Oman (OM) applies a duty rate of 2.1%. These special rates reflect the unique trade agreements and partnerships between the United States and these countries, fostering trade relations and encouraging the import and export of these carpets and textile floor coverings.
It is important to note that the importing and exporting of these carpets and textile floor coverings are not limited to specific states within the United States. The HS Code 57024120 applies to all importing and exporting states across the country. This inclusivity ensures that the benefits of favorable trade conditions and reduced duty rates are accessible to all states, promoting fair trade practices.
HS Code 57024120 encompasses carpets and other textile floor coverings made of pile construction, woven, not tufted or flocked, and composed of wool or fine animal hair. The quantity unit is measured in square meters (M2), and various special tariff preference programs offer duty-free treatment or reduced duty rates for these products. Whether it is for residential, commercial, or institutional purposes, these carpets and textile floor coverings play a significant role in enhancing the comfort and ambiance of any space.