The HS Code 59070035 refers to a specific product category in international trade. This code is used to classify and identify lam fabs specified in nte 9 to sect. XI of HTS, of tx mats except m-m fiber, other than theatrical, ballet, & oper scenery & prop, incl sets. Let's explore more about this HS code and its implications.
This particular HS code falls under the category of textile materials and is used for the classification and regulation of trade in these materials. The code includes various specifications and restrictions that help countries determine the appropriate duties and tariffs for importing and exporting these goods.
The product description for HS Code 59070035 is quite specific. It refers to lam fabs, which are laminated fabrics, specified in nte 9 to sect. XI of HTS. These fabrics are made of textile materials, excluding m-m fiber. The code further specifies that the products covered by this code do not include theatrical, ballet, and opera scenery and props, including sets.
This detailed product description helps customs authorities and traders accurately classify and identify the goods being imported or exported. It ensures that the correct duties and tariffs are applied and that the goods meet the necessary regulatory requirements.
The duty rate for HS Code 59070035 is set at 8%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply this duty rate for the same goods or services from all its trading partners. This helps maintain fair and equal trade practices among different countries.
The quantity unit for HS Code 59070035 is square meters (M2). This unit of measurement is used to determine the quantity of laminated fabrics being imported or exported. It allows for accurate calculation and valuation of the goods.
Several countries have special tariff preference programs for goods classified under HS Code 59070035. These programs offer reduced or zero-duty rates for importing or exporting these goods. The countries and their respective tariff rates are as follows:
These special tariff preference programs encourage trade between the countries involved and promote economic cooperation. They provide benefits and incentives for businesses to engage in international trade.
Unfortunately, the provided data does not specify the importing and exporting US states for HS Code 59070035. It is essential for traders and authorities to have accurate information about the origin and destination of the goods to ensure proper documentation and compliance with regulations.
HS Code 59070035 is specific to laminated fabrics with certain specifications and exclusions. It plays a crucial role in international trade by facilitating the classification, regulation, and taxation of these goods. Traders and customs authorities must adhere to the duty rates, quantity units, and special tariff preference programs associated with this HS code to ensure smooth and compliant trade operations.