The HS Code 61041980 refers to women's or girls' suits that are made of tex mats, excluding wool, cotton, or mmf materials, and contain less than 70% by weight of silk or silk waste. These suits are knitted or crocheted, providing a comfortable and stylish option for women and girls.
When it comes to international trade, countries need to establish certain regulations and tariffs to ensure fair competition and protect their domestic industries. To classify and track products, the Harmonized System (HS) codes are used globally. The HS Code 61041980 helps in identifying and categorizing these particular women's and girls' suits.
One important aspect of international trade is the bound or most favored nation (MFN) duty rate. The MFN duty rate for the HS Code 61041980 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. This ensures equal treatment and fair competition among countries.
The quantity unit for the HS Code 61041980 is not available (NA). It indicates that the unit of measurement for assessing the quantity of these suits may vary depending on the specific circumstances or the country's regulations.
Several special tariff preference programs are applicable to the import of women's and girls' suits under the HS Code 61041980. The countries that provide these special rates include Bahrain (BH), Canada (CA) under NAFTA (North American Free Trade Agreement), Chile (CL), European Union (E*), Israel (IL), Jordan (JO), Mexico (MX) under NAFTA, Oman (OM), Panama (P), Peru (PE), and Singapore (SG).
Under these special tariff preference programs, the import of women's and girls' suits from the mentioned countries is either duty-free or subject to a reduced duty rate. For example, imports from Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Dominican Republic-Central America (DR-CAFTA), Peru, and Singapore are eligible for duty-free treatment. On the other hand, imports from Australia (AU) are subject to a 5% duty rate, while imports from Morocco (MA) are subject to a 0.5% duty rate.
When importing these women's and girls' suits into the United States, the exporting country and its corresponding state play a significant role. The exporting US states may vary depending on the specific manufacturers or suppliers. Similarly, the importing US states may vary depending on the demand and distribution channels within the country.
the HS Code 61041980 covers women's and girls' suits made of tex mats, excluding wool, cotton, or mmf materials, and containing less than 70% by weight of silk or silk waste. These suits are knitted or crocheted, providing comfort and style. The bound or MFN duty rate for this HS code is 5.6%, and special tariff preference programs are available for certain countries, offering duty-free or reduced duty rates. Understanding the HS Code and its associated regulations is essential for businesses and individuals involved in international trade.