When it comes to fashion, overcoats, carcoats, capes, and windbreakers are essential items for women and girls. These stylish garments not only provide warmth and protection from the elements but also add a touch of elegance to any outfit.
The HS Code 61023020 specifically refers to women's or girls' overcoats, carcoats, capes, windbreakers, and similar articles made from knitted or crocheted manmade fibers. This code helps in identifying and classifying these products for international trade purposes.
It is important to note that the MFN (Most Favored Nation) duty rate for this HS code is 28.2%. This means 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. This duty rate helps regulate and maintain fair trade practices.
The quantity unit for this HS code is dozens (DOZ). This unit of measurement is commonly used in the textile and garment industry to quantify the number of items being traded.
There are also special tariff preference programs associated with this HS code. Some countries offer duty-free treatment for these products, while others apply reduced rates. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central American countries (under DR-CAFTA) offer special rates for these women's and girls' overcoats. Australia applies a special rate of 8%, and Morocco applies a rate of 2.8%.
When it comes to importing these products into the United States, various states play a significant role. The exporting states also contribute to the international trade of these women's and girls' overcoats. The specific details of importing and exporting states can vary depending on the trade agreements and partnerships between countries.
the HS Code 61023020 represents women's or girls' overcoats, carcoats, capes, windbreakers, and similar articles made from knitted or crocheted manmade fibers. This code helps in identifying and classifying these products for international trade purposes. It is essential to be aware of the MFN duty rate, special tariff preference programs, and the importing and exporting states involved in the trade of these fashionable garments.