When it comes to international trade, it is crucial to have a standardized system in place to categorize and classify products. This is where the Harmonized System (HS) Code comes into play. Each product is assigned a unique HS Code, which helps in identifying and tracking goods across borders. In this article, we will delve into HS Code 61045980, which pertains to women's or girls' skirts and divided skirts made of textile mats (excluding wool, cotton, or man-made fibers), containing under 70% by weight of silk, and knitted or crocheted.
HS Code 61045980 falls under Chapter 61 of the Harmonized System, which covers articles of apparel and clothing accessories, knitted or crocheted. It provides a specific classification for skirts and divided skirts designed for women and girls. The code enables customs authorities and traders to easily identify and classify these products during import and export processes.
The product description provided for HS Code 61045980 clearly outlines the key characteristics of the skirts and divided skirts in question. These garments are made of textile mats, excluding wool, cotton, or man-made fibers. They also contain less than 70% by weight of silk. Additionally, the skirts and divided skirts are knitted or crocheted, indicating the manufacturing technique used.
Understanding the duty rates and tariff preference programs associated with a particular HS Code is crucial for importers and exporters. For HS Code 61045980, the bound or Most Favored Nation (MFN) duty rate 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.
However, there are certain special tariff preference programs in place that offer reduced or zero-duty rates for importing countries. For HS Code 61045980, the following special tariff preference programs apply:
These tariff preference programs enable certain countries to enjoy reduced or duty-free treatment when importing women's or girls' skirts and divided skirts under HS Code 61045980. It is essential for traders to be aware of these programs to take advantage of favorable trade conditions.
HS Code 61045980 is measured in dozens (DOZ) as the quantity unit. This unit of measurement provides a standardized way to quantify the number of skirts and divided skirts being traded.
When it comes to importing and exporting products under HS Code 61045980, it is important to consider the specific US states involved. While the provided data does not specify the importing and exporting US states, it is crucial for traders to be aware of the regulations and requirements of the specific states involved in their trade transactions. Each state may have its own import/export rules and procedures that need to be followed.
HS Code 61045980 plays a significant role in the classification and identification of women's or girls' skirts and divided skirts made of textile mats (excluding wool, cotton, or man-made fibers), containing under 70% by weight of silk, and knitted or crocheted. Understanding the duty rates, tariff preference programs, quantity unit, and relevant US states is crucial for successful import and export transactions. Traders should stay up-to-date with the latest regulations and requirements to ensure smooth trade operations.