Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 60011060: Knitted or crocheted "long pile" fabrics

When it comes to international trade, it is essential to have a standardized system that allows for the smooth flow of goods and services across borders. This is where the Harmonized System (HS) Code comes into play. The HS Code is a globally recognized classification system used to categorize products and determine their import and export duties.

One specific HS Code that we will be discussing in this article is 60011060. This code refers to knitted or crocheted "long pile" fabrics, excluding those made from man-made fibers.

Knitted or crocheted fabrics are widely used in various industries, including fashion, home textiles, and upholstery, among others. The term "long pile" refers to fabrics with a longer and more textured surface, providing a plush and luxurious feel. These fabrics are often sought after for their aesthetic appeal and softness.

Now let's dive deeper into the details of HS Code 60011060:

• Product description: Knitted or crocheted "long pile" fabrics, other than of man-made fibers
• Bound / MFN duty rate: 9%
• Quantity unit: Square meters (M2)

It is important to note that the bound / MFN duty rate for HS Code 60011060 is set at 9%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This principle of non-discrimination ensures fair and equal treatment for all trading partners.

Additionally, there are several special tariff preference programs in place for HS Code 60011060. These programs offer reduced or zero import duties for certain countries. Let's take a look at some of these special rates:

• Free: Bahrain (BH), Canada (CA) under NAFTA (duty-free treatment), Chile (CL), certain countries or products excluded from CBI eligibility, Israel (IL) under a special rate of duty-free treatment, Jordan (JO), Mexico (MX) under NAFTA, Dominican Republic-Central American countries (DR-CAFTA) under a special rate, Peru (PE), and Singapore (SG) under a special rate.
• 3%: Australia (AU) under a special rate.
• 0.9%: Morocco (MA) under a special rate.
• 5.4%: Oman (OM) under a special rate.

These special tariff preference programs aim to promote trade and foster economic cooperation between countries. By offering reduced or zero import duties, these programs incentivize trade and create opportunities for businesses to expand their market reach.

Importing and exporting HS Code 60011060 requires compliance with the regulations of the respective countries involved. It is important for importers and exporters to be aware of any additional requirements, such as licenses, permits, or certifications, that may be necessary for the smooth movement of goods.

HS Code 60011060 represents knitted or crocheted "long pile" fabrics, excluding those made from man-made fibers. This code is used to classify and determine the import and export duties for these fabrics. Understanding the HS Code system and the associated special tariff preference programs can greatly benefit businesses engaged in international trade.