Mechanically made lace, in the piece, in strips, or in motifs, made of man-made fibers, is classified under HS code 58042100. This code is used to identify and categorize this specific type of lace for import and export purposes.
Lace is a delicate and intricate fabric that has been used for centuries in various applications, including clothing, accessories, and home decor. Mechanically made lace refers to lace that is produced using machines, as opposed to traditional handmade lace. It is created in the form of individual pieces, strips, or motifs.
It is important to note that the HS code 58042100 specifically excludes lace that is made from fabric falling under heading 6002. This means that the lace in question is not made from natural fibers such as cotton or silk, but rather from man-made fibers like polyester or nylon.
When importing or exporting goods classified under HS code 58042100, it is necessary to be aware of the associated duty rates. The bound or most-favored-nation (MFN) duty rate for this product is 12%. 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 HS code 58042100 is kilograms (KG). This unit of measurement is used to determine the weight of the lace being imported or exported.
There are also special tariff preference programs in place for this product. The following countries or regions offer duty-free treatment for imports of mechanically made lace under HS code 58042100: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore. Morocco offers a special rate of 1.2% for this product.
Importing and exporting of goods under HS code 58042100 can occur between various US states. It is essential for businesses involved in international trade to be familiar with the specific regulations and requirements of each state when it comes to this product.
HS code 58042100 represents mechanically made lace, in the piece, in strips, or in motifs, made of man-made fibers. It is important for importers, exporters, and traders to understand the associated duty rates, quantity unit, and special tariff preference programs for this specific HS code. By adhering to the regulations and requirements set forth by each country or region, businesses can effectively engage in international trade of this product.