The HS Code 61042200 refers to women's or girls' ensembles that are knitted or crocheted, and made of cotton. This code is used to classify and identify these specific types of garments for import and export purposes. Understanding the HS code is crucial for international trade as it helps in determining the applicable duty rates, special tariff preference programs, and other relevant information.
When importing or exporting women's or girls' ensembles under HS Code 61042200, it is important to be aware of the bound or MFN (Most Favored Nation) duty rate. The bound duty rate is the maximum rate that a country can apply to a particular product. The MFN duty rate is the rate applicable to each garment in the ensemble if separately entered. It is important to note that when 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.
The quantity unit for women's or girls' ensembles under HS Code 61042200 is dozens (DOZ). This means that the garments are typically measured and traded in multiples of twelve.
There are also special tariff preference programs applicable to women's or girls' ensembles under HS Code 61042200. These programs provide certain countries with preferential rates or duty-free treatment. The following countries and regions have special tariff preference programs for these ensembles:
In addition to these countries, Australia (AU), Morocco (MA), and Oman (OM) also have special rates applicable to each garment in the ensemble if separately entered.
When importing women's or girls' ensembles under HS Code 61042200 to the United States, it is essential to consider the specific importing and exporting states. The importing US states may have additional regulations, requirements, or taxes, while the exporting US states play a role in the logistics and transportation of the goods.
Understanding the HS Code 61042200 and its associated information is crucial for businesses involved in the import and export of women's or girls' ensembles made of cotton. It helps in determining the applicable duty rates, special tariff preference programs, and other relevant factors that can impact the international trade of these garments.