The HS Code 61021000 refers to women's or girls' overcoats, carcoats, capes, windbreakers, and similar articles made from knitted or crocheted wool or fine animal hair. This code is used to classify and identify these specific types of garments for trade and customs purposes.
When importing or exporting products under this HS Code, it is important to understand the associated duty rates, quantity units, and any special tariff preference programs that may apply. Let's explore these aspects further:
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 61021000 is 55.9 cents per kilogram plus 16.4% of the product value. It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for goods or services from all trading partners.
The quantity unit for products under HS Code 61021000 is dozens (DOZ). This unit allows for easy measurement and trade of these garments, considering their typical sale and distribution in multiples of twelve.
There are several special tariff preference programs associated with HS Code 61021000. These programs provide specific tariff rates or duty-free treatment for importing countries or territories. The following are some examples:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing certain advantages or incentives for specific products. Importers and exporters must be aware of these programs to take advantage of favorable tariff rates and conditions.
HS Code 61021000 applies to both importing and exporting activities involving women's or girls' overcoats, carcoats, capes, windbreakers, and similar articles made from knitted or crocheted wool or fine animal hair. Therefore, any US state can engage in the import or export of these products, subject to relevant customs regulations and requirements.
HS Code 61021000 identifies and classifies women's or girls' overcoats, carcoats, capes, windbreakers, and similar articles made from knitted or crocheted wool or fine animal hair. Understanding the associated duty rates, quantity units, and special tariff preference programs is crucial for successful import and export operations involving these products.