The HS Code 60064200 refers to dyed knitted or crocheted fabrics of artificial fibers that are not elsewhere specified. This code is used to classify and identify these specific types of fabrics for import and export purposes. In this article, we will explore the details and implications of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The product description for HS Code 60064200 is dyed knitted or crocheted fabrics of artificial fibers. This means that the fabrics are made from artificial or synthetic fibers, such as polyester or nylon, and they have undergone a dyeing process to give them a specific color or pattern. These fabrics are typically used in the textile and garment industry for various applications, including clothing, upholstery, and home textiles.
The bound or most-favored-nation (MFN) duty rate for HS Code 60064200 is 10%. The MFN duty rate is the standard rate applied to imports and exports of this product. It is the rate that countries must adhere to when lowering trade barriers or opening up their markets to ensure fair and equal treatment for all trading partners. This means that any country importing or exporting dyed knitted or crocheted fabrics of artificial fibers under this HS code will be subject to a 10% duty rate.
The quantity unit for HS Code 60064200 is kilograms (KG). This means that the weight of the fabrics, whether it is for import or export, will be measured in kilograms. The quantity unit is an essential factor in determining the cost, logistics, and transportation of these fabrics, as it helps to calculate the volume and size of the shipments.
There are several special tariff preference programs associated with HS Code 60064200. These programs provide certain countries with preferential treatment or reduced duty rates for importing or exporting dyed knitted or crocheted fabrics of artificial fibers. The following are the details of these special tariff preference programs:
These special tariff preference programs allow specific countries to enjoy reduced or duty-free treatment when trading dyed knitted or crocheted fabrics of artificial fibers with the United States. It promotes economic cooperation and trade relations between the countries involved.
HS Code 60064200 is applicable to all US states for both importing and exporting dyed knitted or crocheted fabrics of artificial fibers. This means that any state within the United States can engage in the import or export of these fabrics under this HS code. The code facilitates the classification and documentation processes for customs and trade authorities, ensuring seamless trade transactions between states.
HS Code 60064200 represents dyed knitted or crocheted fabrics of artificial fibers. It provides a standardized classification system for these fabrics, allowing for efficient import and export procedures. The code's duty rates, quantity unit, special tariff preference programs, and applicability to all US states contribute to the smooth flow of trade and economic activities in the textile and garment industry.