Textile fabrics of cotton that are impregnated, coated, covered, or laminated with polyvinyl chloride fall under the HS Code 59031010. This code is used to classify and identify these specific types of textile fabrics for international trade purposes.
The HS Code 59031010 is crucial in international trade as it ensures that the same goods or services from all trading partners are treated equally. When a country lowers a trade barrier or opens up a market, it must do so for the products classified under this HS Code.
The quantity unit for this HS Code is square meters (M2). It is used to measure the area of the textile fabrics of cotton that fall under this classification. This unit helps in determining the amount of fabric being imported or exported.
There are also special tariff preference programs associated with HS Code 59031010. These programs provide certain countries with preferential treatment in terms of duty rates. The following countries are eligible for free tariff rates:
In addition to the countries mentioned above, Morocco has a special tariff rate of 0.3% for textile fabrics of cotton impregnated, coated, covered, or laminated with polyvinyl chloride.
When it comes to importing, the United States has specific states that are known for importing goods under this HS Code. New Mexico is one of the states that commonly imports textile fabrics of cotton impregnated, coated, covered, or laminated with polyvinyl chloride.
Exporting states within the United States are not specified for this HS Code, indicating that it is not a significant export for any particular state.
The use of the HS Code 59031010 helps in classifying, identifying, and regulating the trade of textile fabrics of cotton that are impregnated, coated, covered, or laminated with polyvinyl chloride. It ensures fair trade practices and facilitates international trade agreements between countries.