HS Code 60063300 refers to knitted or crocheted fabrics made of synthetic fibers, specifically yarns of different colors. This code is used to classify and identify these particular types of fabrics in international trade.
The product description of HS Code 60063300 indicates that it includes fabrics that are knitted or crocheted, and they are made from synthetic fibers. These fabrics are further defined by the fact that they are composed of yarns of different colors. This means that the fabrics can have various colors and patterns due to the use of different colored yarns in their production.
The bound / MFN (Most Favored Nation) duty rate for HS Code 60063300 is 10%. The MFN duty rate is the rate that applies to a particular product when a country lowers a trade barrier or opens up a market. It is important to note that this duty rate applies consistently to all trading partners of the country. In other words, if a country reduces trade barriers or opens up its market for a specific product, it must do so for all its trading partners.
The quantity unit for HS Code 60063300 is kilograms (KG). This means that the measurement and trading of these fabrics are conducted in kilograms.
There are also special tariff preference programs associated with HS Code 60063300. These programs provide certain countries with preferential treatment in terms of duty rates. The following countries enjoy special rates for the import of knitted or crocheted fabrics of synthetic fibers under this HS code:
It is important for importers and exporters to be aware of these special tariff preference programs as they can greatly affect the cost and competitiveness of trading these fabrics with the respective countries.
When it comes to importing HS Code 60063300 into the United States, there are no specific restrictions or requirements mentioned in the provided data. However, it is always advisable to consult the relevant customs and trade authorities for the most up-to-date information and regulations regarding the importation of specific products.
Similarly, the exporting of HS Code 60063300 from the United States to other countries does not have any specific restrictions mentioned. Exporters should still be aware of any applicable regulations and requirements imposed by the importing countries to ensure smooth and compliant trade operations.
HS Code 60063300 plays a crucial role in classifying and identifying knitted or crocheted fabrics of synthetic fibers, made from yarns of different colors, in international trade. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this code is essential for importers and exporters to navigate the global market effectively and efficiently.