When it comes to international trade, it is important to have a standardized system to classify and identify products. This is where the Harmonized System (HS) code comes into play. Each product is assigned a unique HS code, which is used by customs authorities worldwide to determine the applicable taxes, duties, and regulations for that product.
One such HS code is 61045940, which pertains to women's or girls' skirts and divided skirts made of textile mats (excluding wool, cotton, or man-made fibers), containing 70% or more by weight of silk, and knitted or crocheted. Let's take a closer look at this HS code and the relevant information associated with it.
The product description for HS code 61045940 is quite specific. It refers to skirts and divided skirts designed for women or girls. These skirts are made of textile mats, excluding wool, cotton, or man-made fibers. It is important to note that these skirts should contain 70% or more silk by weight, and they should be knitted or crocheted.
The bound duty rate for HS code 61045940 is 0.9%. The term "bound duty rate" refers to the maximum customs duty that can be applied to a specific product. It is important to mention that this duty rate applies every time a country lowers a trade barrier or opens up a market. This means that if a country decides to reduce the duty rate for this specific product, it has to do so for all its trading partners.
The quantity unit for HS code 61045940 is dozens (DOZ). This means that the product is typically measured and traded in multiples of dozens.
HS code 61045940 is eligible for various special tariff preference programs. These programs provide certain countries with preferential treatment when it comes to customs duties. Here are some of the special rates associated with this HS code:
These special rates allow the importers or exporters from the mentioned countries to enjoy reduced or duty-free treatment when trading products under HS code 61045940.
HS code 61045940 is not limited to a specific set of importing or exporting US states. This means that the product can be imported or exported from any state within the United States.
It is worth noting that the information provided here is based on the available data for HS code 61045940. It is always recommended to consult the latest official sources and regulations to ensure accurate and up-to-date information.