When it comes to international trade, it is essential to have a standardized system for classifying goods. This is where HS codes come into play. HS Code 58013100 represents a specific type of product: uncut weft pile fabrics of man-made fibers, excluding fabrics classified under headings 5802 or 5806.
Uncut weft pile fabrics are textiles that have loops of yarn on one side, creating a plush, velvety texture. These fabrics are commonly used in the manufacturing of various products such as upholstery, curtains, and apparel.
The HS code provides a uniform classification for this specific type of fabric, making it easier for customs authorities and traders to identify and categorize goods. It ensures that the same product is classified consistently across different countries and trade agreements.
Now, let's take a closer look at the details associated with HS Code 58013100:
The bound / most-favored nation (MFN) duty rate for HS Code 58013100 is 17.2%. The MFN principle states 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. This ensures fair and equal treatment in international trade.
The quantity unit for HS Code 58013100 is square meters (M2). This unit of measurement is commonly used to determine the area of fabric required for a particular product.
Several countries have special tariff preference programs in place for goods classified under HS Code 58013100. These programs offer preferential duty rates or duty-free treatment to promote trade and economic cooperation. Here are some examples:
These special tariff preference programs aim to facilitate trade between the countries involved, providing certain advantages and incentives for importers and exporters.
These are the US states that have been identified as importers of goods classified under HS Code 58013100.
HS Code 58013100 represents uncut weft pile fabrics of man-made fibers, excluding fabrics of heading 5802 or 5806. This code is used to classify and identify these fabrics in international trade. Understanding the HS code and its associated details is crucial for importers, exporters, and customs authorities, as it helps streamline trade processes and ensures consistent classification across countries and trade agreements.