HS Code 58012300: Weft Pile Fabrics, Cut, of Cotton, Other Than Fabrics of Heading 5802 or 5806, Nesoi
Weft pile fabrics, cut, of cotton, other than fabrics of heading 5802 or 5806, nesoi, fall under the HS Code 58012300. This code is used to classify and identify this specific type of fabric for international trade purposes. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states for HS Code 58012300.
Product Description
The product description for HS Code 58012300 is "Weft pile fabrics, cut, of cotton, other than fabrics of heading 5802 or 5806, nesoi." This means that the fabric is made of cotton and has a weft pile construction. It excludes fabrics of heading 5802 or 5806, which refer to other specific types of fabrics.
Weft pile fabrics are characterized by their raised loops or tufts, which are created by the weft yarns being woven over wires or rods. This creates a plush and textured surface, which is commonly used in various applications such as upholstery, home furnishings, and apparel.
Duty Rates
The bound / most-favored-nation (MFN) duty rate for HS Code 58012300 is 10%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market, and it must be applied to the same goods or services from all trading partners.
It is important to note that duty rates may vary depending on the specific country or region. In the case of HS Code 58012300, there are certain special tariff preference programs that offer different duty rates for specific countries. For example:
- Free: Bahrain (BH), Canada (CA) under NAFTA (duty-free treatment), Chile (CL), Israel (IL) under Israel Special Rate (duty-free treatment), Jordan (JO), Mexico (MX) under NAFTA, Oman (OM) under Oman Special Rate, Peru (P) under Peru Special Rate, and Singapore (SG) under Singapore Special Rate.
- 3%: Australia (AU) under Australia Special Rate.
- 1.1%: Morocco (MA) under Morocco Special Rate.
These special tariff preference programs allow certain countries to enjoy reduced or eliminated duty rates for HS Code 58012300, promoting trade and economic cooperation between the countries involved.
Quantity Unit
The quantity unit for HS Code 58012300 is square meters (M2). This means that the fabric is measured and traded in terms of its area in square meters. The quantity unit provides a standardized measurement for international trade transactions and helps ensure accurate and consistent calculations of quantities.
Importing and Exporting US States
HS Code 58012300, being a specific classification for trade purposes, is relevant to importing and exporting activities in the United States. While the provided data does not specify the exporting US states, it does mention Georgia as an importing US state.
Georgia serves as a significant hub for international trade in the United States, with its ports and transportation infrastructure facilitating the movement of goods. As an importing US state for HS Code 58012300, Georgia plays a vital role in the supply chain of weft pile fabrics made of cotton.
HS Code 58012300 represents weft pile fabrics, cut, of cotton, other than fabrics of heading 5802 or 5806, nesoi. This article has provided an overview of the product description, duty rates, quantity unit, special tariff preference programs, and the importing US state for HS Code 58012300. Understanding the details and implications of this HS code is essential for international trade professionals, importers, and exporters dealing with weft pile fabrics.
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