HS Code 58064000: Narrow Fabrics Consisting of Warp Without Weft Assembled by Means of an Adhesive (Bolducs)
Narrow fabrics are an integral part of various industries, providing strength, durability, and versatility to a wide range of products. These fabrics are commonly used in applications such as clothing, accessories, home textiles, and industrial goods. One particular type of narrow fabric that falls under HS Code 58064000 is known as bolducs.
Bolducs refer to narrow fabrics consisting of warp without weft that are assembled using an adhesive. They are designed to provide a strong bond between the warp yarns, creating a sturdy and reliable fabric. The adhesive used in the assembly process ensures that the fabric retains its shape and structure even under high-stress conditions.
The HS Code 58064000 specifically categorizes and identifies this type of narrow fabric for international trade purposes. It enables countries to classify and regulate the import and export of bolducs, ensuring consistency and transparency in trade transactions.
When it comes to the duty rates for importing or exporting bolducs, countries typically apply the Most-Favored Nation (MFN) duty rate. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The MFN duty rate for HS Code 58064000 is 8%.
In addition to the MFN duty rate, there are also special tariff preference programs in place for certain countries. For example, Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central American countries (under DR-CAFTA) offer duty-free treatment for the importation of bolducs. This means that importers from these countries can benefit from reduced costs when trading this specific type of narrow fabric.
However, it is important to note that certain products or countries may be excluded from eligibility for these special tariff preference programs. For instance, certain products are excluded from eligibility for the Caribbean Basin Initiative (CBI) and the Andean Trade Promotion and Drug Eradication Act (ATPA). It is crucial for importers and exporters to stay updated on the latest regulations and eligibility criteria to take full advantage of these special rates.
When it comes to quantity units for importing or exporting bolducs, the standard unit is kilograms (KG). This provides a standardized measurement and ensures accurate trade transactions between countries.
Importing and exporting bolducs under HS Code 58064000 is not limited to specific US states. The code applies to all states within the United States. Similarly, when exporting bolducs from the US, the code is applicable regardless of the destination state.
HS Code 58064000 classifies narrow fabrics consisting of warp without weft assembled by means of an adhesive, commonly known as bolducs. This code helps countries regulate and monitor the import and export of these fabrics, ensuring fair trade practices. The code is associated with an 8% MFN duty rate, with certain countries offering special tariff preference programs that provide duty-free treatment for the importation of bolducs. Importers and exporters should stay informed about eligibility criteria and any exclusions to fully capitalize on these special rates.
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