HS Code 58110020: Quilted Textile Products in the Piece, of Cotton
Quilted textile products are a popular choice for many households and businesses due to their comfort, durability, and aesthetic appeal. These products, which are classified under HS code 58110020, are made of one or more layers of cotton fabric assembled with padding. They are typically used for bedding, upholstery, and various other applications.
The HS code 58110020 is an internationally recognized code that is used to classify and track the trade of quilted textile products. It helps customs authorities and traders to identify and categorize these products accurately. This code is used by countries around the world to regulate imports and exports and to determine the applicable customs duties and taxes.
According to the product description, quilted textile products under HS code 58110020 are specifically defined as those in the piece, excluding embroidery. This means that the products covered by this code are not embroidered, but they may have other decorative elements such as quilting patterns.
When importing or exporting quilted textile products under HS code 58110020, it is important to be aware of the specific regulations and requirements of the countries involved. The quantity unit for these products is square meters (M2), which indicates the area of the fabric used in the product.
The bound or most-favored-nation (MFN) duty rate for quilted textile products under HS code 58110020 is 6.3%. This means that when a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 6.3% to these goods from all its trading partners. This rate may vary depending on the country and any applicable special tariff programs.
Speaking of special tariff preference programs, quilted textile products under HS code 58110020 are eligible for various preferential treatment in certain countries. For example, countries like Bahrain (BH), Canada (CA) under NAFTA (duty-free treatment), Chile (CL), Israel (IL) with duty-free treatment, Jordan (JO), Morocco (MA), Mexico (MX) under NAFTA, Oman (OM), Panama (P), Peru (PE), and Singapore (SG) offer duty-free or reduced tariff rates for these products.
In the United States, the importing states and exporting states for quilted textile products under HS code 58110020 may vary depending on the specific trade transactions. It is essential for traders to comply with the regulations and requirements of both the importing and exporting states to ensure a smooth and lawful trade process.
quilted textile products under HS code 58110020 are a valuable and versatile category of products made of cotton fabric. This article has provided an extensive overview of the HS code, product description, duty rates, quantity units, and special tariff preference programs related to these products. Traders and consumers alike can benefit from understanding and complying with the regulations and requirements associated with this HS code to facilitate international trade.
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