When it comes to international trade, it is important to have a standardized system to classify and identify different products. This is where the Harmonized System (HS) code comes into play. The HS code is an internationally recognized system that is used to classify and categorize products for customs and trade purposes. One such HS code is 61034910, which refers to men's or boys' trousers, breeches, and shorts that are knitted or crocheted, and made of artificial fibers.
This particular HS code, 61034910, is used to identify and classify a specific type of clothing item. It is important to note that the code includes trousers, breeches, and shorts for both men and boys. The garments covered by this HS code are made from artificial fibers, which means they are not made from natural materials like cotton or wool. Instead, they are made from synthetic materials such as polyester or nylon.
When importing or exporting goods, it is crucial to be aware of the duty rates associated with the specific HS code. For HS code 61034910, the bound or most-favored-nation (MFN) duty rate 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. It is important to consider this duty rate when calculating the cost of importing or exporting men's or boys' trousers, breeches, and shorts made of artificial fibers.
The quantity unit for this HS code is dozens (DOZ). This means that the garments covered by this code are typically bought and sold in multiples of twelve. This quantity unit is used to facilitate trade and ensure consistency in the measurement and pricing of these products.
In addition to the duty rate and quantity unit, it is also important to be aware of any special tariff preference programs that may apply to HS code 61034910. These programs provide certain countries with preferential treatment when it comes to customs duties. For example, the following countries have special tariff preferences for this HS code:
These special tariff preference programs allow for reduced or duty-free treatment for the importation of men's or boys' trousers, breeches, and shorts made of artificial fibers from specific countries. This can have a significant impact on the cost of importing or exporting these products, as it reduces or eliminates the customs duties that would otherwise be applicable.
When it comes to importing and exporting goods, it is also important to consider the specific states involved in the trade. For HS code 61034910, the importing states in the United States may vary depending on the trading partners. Similarly, the exporting states in the United States may also vary depending on the destination countries for these products. It is crucial to be aware of these states and their specific regulations and requirements when engaging in international trade.
HS code 61034910 refers to men's or boys' trousers, breeches, and shorts that are knitted or crocheted, and made of artificial fibers. This code is used to classify and identify these specific types of garments for customs and trade purposes. It is important to consider the duty rate, quantity unit, special tariff preference programs, and the specific states involved when importing or exporting products covered by this HS code. By understanding and adhering to these regulations, businesses can ensure smooth and compliant international trade operations.