HS Code 58101000: Embroidery in the piece, in strips or in motifs, without visible ground
Embroidery is a popular form of decorative art that involves stitching various designs onto fabric. It has been practiced for centuries and is known for its intricate and beautiful patterns. HS Code 58101000 specifically refers to embroidery that is done in the piece, in strips, or in motifs, without a visible ground.
The HS Code is an internationally recognized system for classifying products in international trade. It is used by customs authorities to determine the appropriate duty rates and regulations for imported and exported goods. HS Code 58101000 provides a specific classification for embroidery products, making it easier for trade partners to identify and categorize these items.
When importing or exporting products classified under HS Code 58101000, the quantity unit used is kilograms (KG). This means that the weight of the embroidery will be measured in kilograms for trade purposes. It is essential to accurately declare the weight of the embroidery to comply with customs regulations and ensure smooth trade transactions.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 58101000 is 14.1%. The MFN duty rate refers to the tariff that applies to all trading partners when a country lowers a trade barrier or opens up a market. In other words, if a country reduces import duties for embroidery products, it must do so for all its trading partners.
In addition to the MFN duty rate, there are special tariff preference programs available for products classified under HS Code 58101000. These programs provide preferential treatment in terms of duty rates for specific countries. For example, Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and certain products or countries excluded from CBI eligibility have duty-free treatment. Morocco, on the other hand, has a special rate of 1.4%.
It is important for importers and exporters to be aware of these special tariff preference programs to take advantage of lower duty rates and facilitate trade with eligible countries. By understanding the specific duty rates applicable to their products under HS Code 58101000, businesses can make informed decisions and optimize their international trade activities.
HS Code 58101000 pertains to embroidery in the piece, in strips, or in motifs, without a visible ground. This code allows for the classification and regulation of embroidery products in international trade. It is essential for businesses involved in importing or exporting embroidery to understand the duty rates, quantity unit, and special tariff preference programs associated with this HS Code to ensure compliance with customs regulations and optimize trade opportunities.
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