HS Code 60062110: Unbleached or Bleached Circular Knit Fabric, Wholly of Cotton Yarns over 100 Metric Number per Single Yarn, NESOI
Unbleached or bleached circular knit fabric, wholly of cotton yarns over 100 metric number per single yarn, NESOI (Not Elsewhere Specified or Indicated) is classified under HS Code 60062110. This HS code is used to categorize and identify this specific type of fabric for international trade and customs purposes.
The product description states that the fabric is circular knit, which means it is produced using a circular knitting machine. Circular knitting is a method of fabric production that creates a seamless tubular fabric by continuously knitting in the round. This type of fabric is commonly used for garments, such as t-shirts, dresses, and underwear, as well as for various other textile applications.
The fabric is made wholly of cotton yarns with a metric number of over 100 per single yarn. The metric number refers to the fineness of the yarn, with higher numbers indicating finer and thinner yarns. This means that the fabric is made from high-quality cotton yarns, which are known for their softness, breathability, and comfort.
The HS code also provides information about the duty rate for importing this fabric. The bound or MFN (Most Favored Nation) duty rate for HS Code 60062110 is 10%. The MFN principle states 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. Therefore, the duty rate of 10% applies to all countries importing this fabric.
The quantity unit for this product is kilograms (KG). This means that the fabric is typically measured and traded in kilograms, which is a common unit of weight used in international trade.
In addition to the duty rate, the HS code provides information about special tariff preference programs for this product. The fabric is eligible for free tariff rates in several countries, including Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Peru, and Singapore. These countries offer duty-free treatment for imports of this fabric, promoting international trade and economic cooperation.
Furthermore, there are special tariff rates for this fabric in Australia (3%), Morocco (1%), and Oman (6%). These countries apply a reduced duty rate for imports of this fabric, which can be beneficial for businesses and trade partners.
When importing this fabric into the United States, it can be shipped from any exporting state. Similarly, when exporting this fabric from the United States, it can be delivered to any importing state. The HS code does not specify any restrictions or requirements regarding the specific states involved in the trade.
HS Code 60062110 classifies unbleached or bleached circular knit fabric, wholly of cotton yarns over 100 metric number per single yarn, NESOI. This HS code provides valuable information about the product description, duty rate, quantity unit, special tariff preference programs, and importing/exporting states. Understanding and correctly identifying this HS code is essential for international trade and customs clearance processes.
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