The HS Code 61034980 refers to a specific category of clothing items: men's or boys' trousers, bib and brace overalls, breeches, and shorts. These garments are made of textile materials (excluding wool, cotton, or man-made fibers) and contain less than 70% silk by weight. This code is used in international trade to classify and identify these particular products.
When importing or exporting these items, it is essential to understand the relevant regulations, duty rates, and special tariff preference programs associated with HS Code 61034980. This information can help businesses make informed decisions and navigate the complexities of international trade.
The bound / MFN (Most Favored Nation) duty rate for HS Code 61034980 is 5.6%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The 5.6% duty rate applies to the importation of these clothing items in most cases.
The quantity unit for HS Code 61034980 is dozens (DOZ). When importing or exporting these garments, they are typically measured and traded in multiples of dozens.
There are several special tariff preference programs available for the importation of products classified under HS Code 61034980. These programs provide reduced or duty-free rates for eligible countries. Here are some examples:
It is important for importers and exporters to be aware of these special tariff preference programs and understand the specific eligibility criteria and requirements for each program. Taking advantage of these programs can result in significant cost savings and competitive advantages in the international market.
HS Code 61034980 applies to the importation and exportation of men's or boys' trousers, bib and brace overalls, breeches, and shorts in the United States. The specific states involved in these trade activities may vary depending on the business transactions. However, common importing states include California, New York, Texas, and Florida, while common exporting states include California, Texas, New Jersey, and Georgia.
Understanding the dynamics of importing and exporting states can help businesses identify potential trade partners, establish distribution networks, and optimize their supply chains for products falling under HS Code 61034980.
HS Code 61034980 encompasses a range of men's or boys' trousers, bib and brace overalls, breeches, and shorts made of textile materials with a silk content of less than 70% by weight. Importers and exporters should be familiar with the relevant regulations, duty rates, and special tariff preference programs associated with this HS code to facilitate smooth and cost-effective international trade transactions.