When it comes to international trade, it is crucial to have a standardized system for classifying and identifying different products. The Harmonized System (HS) Code is a universally recognized code that helps in categorizing goods. In this article, we will delve into the details of HS Code 60039010, which refers to warp knit open-worked fabrics not elsewhere specified, with a width not exceeding 30 cm, excluding those covered under HS Code 6001 or 6002.
Warp knit open-worked fabrics are a type of fabric that is created using a specific knitting technique. This particular HS Code covers fabrics that have a width not exceeding 30 cm. It is important to note that fabrics falling under HS Code 6001 or 6002 are excluded from this particular code.
One of the essential aspects of international trade is the duty rate imposed on imported goods. The bound / MFN (Most Favored Nation) duty rate for HS Code 60039010 is 14.1%. This means that every time a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 60039010 is kilograms (KG). This unit is used to measure the weight of the warp knit open-worked fabrics being imported or exported.
Several countries have special tariff preference programs in place for certain goods to promote trade or strengthen economic ties. HS Code 60039010 enjoys special rates under various programs:
Additionally, specific rates are applicable for:
HS Code 60039010 applies to both importing and exporting goods in the United States. The specific states involved in the trade may vary, but this code is relevant for any state engaging in the import or export of warp knit open-worked fabrics falling under the defined description.
Understanding HS Codes is crucial for international trade as it ensures proper classification and identification of goods. HS Code 60039010 specifically covers warp knit open-worked fabrics not elsewhere specified, with a width not exceeding 30 cm, excluding those covered under HS Code 6001 or 6002. Importers and exporters should be aware of the duty rates, quantity unit, and special tariff preference programs associated with this code to facilitate efficient and compliant trade operations.