When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products for customs purposes. In this article, we will explore the HS Code 61033320, which refers to men's or boys' suit-type jackets and blazers made of synthetic fibers, knitted or crocheted, and not elsewhere specified or included.
Understanding the HS Code is essential for importers, exporters, and customs officials as it helps determine the applicable tariffs, trade statistics, and regulations for a particular product. Let's delve into the details of HS Code 61033320 and its related information.
The HS Code 61033320 covers suit-type jackets and blazers designed for men or boys. These garments are made from synthetic fibers and are either knitted or crocheted. The "nesoi" in the description stands for "not elsewhere specified or included," indicating that this HS Code encompasses suit-type jackets and blazers that do not fall under any other specific category.
The bound duty rate for products classified under HS Code 61033320 is 28.2%. The bound duty rate is the maximum tariff rate that a country can impose on imports of a particular product. It is important to note that this rate represents the maximum and can be lower based on trade agreements or special tariff programs.
The quantity unit associated with HS Code 61033320 is dozens (DOZ). This means that the measure of these suit-type jackets and blazers is calculated in groups of twelve.
Several countries have special tariff preference programs in place that offer reduced or duty-free rates for products falling under the HS Code 61033320. Here are some of the notable programs:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable trade conditions for specific products.
The HS Code 61033320 is relevant for both importing and exporting goods to and from the United States. The specific states involved in these trade activities can vary based on market demand and supply. However, some of the major states known for importing and exporting men's or boys' suit-type jackets and blazers include California, Texas, New York, Florida, and Illinois.
It is worth noting that the import and export of products classified under HS Code 61033320 are subject to customs regulations, documentation requirements, and applicable duties or preferential tariff rates based on the country of origin and destination.
the HS Code 61033320 covers men's or boys' suit-type jackets and blazers made of synthetic fibers, knitted or crocheted, and not elsewhere specified or included. This code plays a vital role in international trade by providing a standardized classification system for customs purposes. Importers, exporters, and customs officials must be aware of the HS Code to ensure compliance with regulations, calculate applicable duties, and take advantage of preferential tariff programs.