Textile fabrics coated with gum or amylaceous substances, of a kind used for outer covers of books or the like, fall under the HS Code 59011020. This code is used to classify these specific types of fabrics for trade and regulatory purposes. In this article, we will explore the details of this HS code and its application in international trade.
The product description of HS Code 59011020 refers to textile fabrics that have been coated with gum or amylaceous substances. These fabrics are primarily used for outer covers of books or similar applications. It is important to note that this HS code specifically excludes fabrics made from man-made fibers.
The bound / MFN (Most Favored Nation) duty rate for HS Code 59011020 is 4.1%. 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. This duty rate is applicable to the import of textile fabrics coated with gum or amylaceous substances.
The quantity unit for HS Code 59011020 is square meters (M2). This unit is used to measure and quantify the amount of textile fabrics being imported or exported under this HS code.
There are several special tariff preference programs associated with HS Code 59011020. These programs provide certain countries with preferential tariff rates or even duty-free treatment. The countries and their corresponding tariff rates are as follows:
It is important for importers and exporters to be aware of these special tariff preference programs as they can significantly impact the cost of trading textile fabrics coated with gum or amylaceous substances.
HS Code 59011020 is relevant for import and export transactions involving the United States. The specific importing and exporting states may vary depending on the trade flow and market demand. It is advisable to consult with trade experts or refer to official trade databases for the most up-to-date information on importing and exporting states for textile fabrics coated with gum or amylaceous substances.
HS Code 59011020 classifies textile fabrics coated with gum or amylaceous substances for trade purposes. Importers and exporters dealing with these fabrics need to consider the bound / MFN duty rate, quantity unit, and any applicable special tariff preference programs. Understanding the details of this HS code is essential for smooth international trade operations and compliance with trade regulations.